Pakistan Company News

Atlas Asset Management approves daily dividend distribution for Atlas Liquid Fund

Karachi, Atlas Asset Management Limited has announced the approval of its daily dividend distribution for the Atlas Liquid Fund (ALF). The investment committee of the fund has approved a distribution of Rs. 0.8727 per unit, which represents 0.1745% of the fund's par value. The distribution will be made to unit holders whose names were registered in the fund's unit holder register at the close of business on May 5, 2023.

The daily dividend distribution is part of Atlas Asset Management's ongoing efforts to provide value to its investors. The company is committed to delivering strong returns while maintaining a focus on risk management. The investment committee of the Atlas Liquid Fund is responsible for overseeing the investment strategy of the fund, which is designed to generate income and preserve capital.