Karachi: Atlas Asset Management Limited (AAML) has scheduled a meeting of its Investment Committee to consider the approval of an interim distribution for its Atlas Islamic Cash Fund (AICF). The meeting is set to take place on March 21, 2025, at 11:30 a.m.
Atlas Asset Management Limited, acting as the Management Company of AICF, has delegated authority from its Board of Directors to the Investment Committee for this purpose. The potential interim distribution will be determined based on the deliberations of this meeting.
Unit holders listed in the Register of Unit Holders as of the close of business on March 20, 2025, will be eligible for any distribution approved by the Investment Committee. This information is crucial for TRE Certificate Holders of the Exchange, who are advised to take note of the announcement.
According to information available from the Pakistan Stock Exchange (PSX), this meeting represents a significant event for market participants following the performance of the Atlas Islamic Cash Fund. The outcome of the meeting could have implications for unit holders and investors closely monitoring AICF’s financial activities.