Karachi: The Investment Committee of Atlas Asset Management Limited (AAML) has announced an interim distribution for the Atlas Islamic Cash Fund (AICF). This decision was made during a meeting held on February 21, 2025, at 08:30 a.m. in Karachi, under the authority delegated by the Board of Directors of AAML.
The interim distribution approved is Rs. 3.7150 per unit, representing 0.74% of the par value. This distribution will be allocated to unit holders whose names were recorded in the register of unit holders at the close of business on February 20, 2025.
According to information available from the Pakistan Stock Exchange (PSX), this announcement is significant for certificate holders within the designated market category, as it reflects the financial decisions and strategies undertaken by the management of the Atlas Islamic Cash Fund.
The management has requested that the TRE Certificate Holders of the Exchange be informed about this recent development to ensure transparency and communication with all stakeholders involved.