Karachi, the Board of Directors of Atlas Asset Management Limited disclosed the final distribution per unit for various Funds/Plans for the financial year/period ended June 30, 2023. Surprisingly, all the funds showed a nil distribution, indicating no profits or gains to be distributed among investors.
The following Funds/Plans declared a distribution of Rs. Nil per unit:
1. Atlas Money Market Fund (AMF)
2. Atlas Liquid Fund (ALF)
3. Atlas Sovereign Fund (ASF)
4. Atlas Income Fund (AIF)
5. Atlas Stock Market Fund (ASMF)
6. Atlas Islamic Money Market Fund (AMF)
7. Atlas Islamic Income Fund (AIIF)
8. Atlas Islamic Stock Fund (AISF)
9. Atlas Islamic Dedicated Stock Fund (AIDSF)
10. Atlas Islamic Fund of Funds (AIFOF)
The press release also mentioned that an aggregate interim distribution for various funds under AIFOF had been previously communicated to relevant stakeholders. This included distributions for AMF (Rs. 81.36), ASF (Rs. 13.52), ALF (Rs. 78.96), AIF (Rs. 76.79), AIMF (Rs. 75.76), AUF (Rs. 76.22), AAAIP (Rs. 10.10), AMAIP (Rs. 32.55), ACAIP (Rs. 60.60), and AICPP-II (Rs. 43.20).