Atlas Asset Management Limited Schedules Meeting to Consider Interim Distribution

Karachi: Atlas Asset Management Limited (AAML), the management company behind the Atlas Islamic Cash Fund (AICF), has announced an upcoming meeting of its Investment Committee. This meeting is set to take place on April 25, 2025. The purpose of this assembly is to deliberate and potentially approve an interim distribution for AICF, as per the authority granted by the Board of Directors of AAML.

Unit holders who are listed in the Register of Unit holders by the close of business on April 24, 2025, will be eligible for any distribution that the Investment Committee may approve. The decision will be made on behalf of AAML's Board of Directors.

Atlas Asset Management Limited has notified the TRE Certificate Holders of the exchange about this meeting. This announcement is part of the designated market category that Atlas Asset Management Limited operates within.

According to information available from the Pakistan Stock Exchange (PSX), the interim distribution decision is pending the outcomes of the Investment Committee's meeting set for later this month. The move is part of the company’s ongoing efforts to manage the Atlas Islamic Cash Fund effectively.