Karachi: Atlas Asset Management Limited has declared that no final distributions per unit will be made for its various funds and plans for the financial year ending June 30, 2025. The announcement was made by the company’s Board of Directors and affects a wide range of funds under its management.

The funds affected include the Atlas Money Market Fund, Atlas Liquid Fund, Atlas Sovereign Fund, Atlas Income Fund, and the Atlas Stock Market Fund, along with several Islamic funds such as the Atlas Islamic Money Market Fund, Atlas Islamic Cash Fund, and Atlas Islamic Income Fund. Additionally, the Atlas Islamic Stock Fund, Atlas Islamic Dedicated Stock Fund, and the various allocation plans under the Atlas Islamic Fund of Funds also reported no final distributions.

Despite the absence of final distributions, Atlas Asset Management Limited had previously informed about interim distributions for the same period. According to the records, interim distributions included Rs.75.06 for the Atlas Money Market Fund, Rs.18.24 for the Atlas Sovereign Fund, Rs.73.48 for the Atlas Liquid Fund, and Rs.84.90 for the Atlas Income Fund. Other funds such as the Atlas Stock Market Fund and several Islamic funds also had interim distributions ranging from Rs.20.00 to Rs.69.47.

According to information available from the Pakistan Stock Exchange (PSX), these announcements are part of the regular updates provided to the market and stakeholders. The company has ensured that all TRE Certificate Holders of the Exchange have been duly informed in line with regulatory requirements.

The interim distributions were made earlier in the year, reflecting the company’s performance and adherence to its financial strategies. The absence of a final distribution indicates a strategic decision by the company’s management, possibly to retain earnings for future investments or operational needs.