The Board of Directors of Atlas Asset Management Limited rated AM2, by PACRA, an Atlas Group Company, approved the final distribution of bonus for the financial year ended June 30, 2011 for its Atlas Money Market Fund (AMF), Atlas Income Fund (AIF), Atlas Islamic Income Fund (AIIF), Atlas Stock Market Fund (ASMF) and Atlas Islamic Stock Fund (AISF) on July 7, 2011. Atlas Stock Market Fund (ASMF) was the top most performing fund in its category.
Beating its bench mark KSE-100 Index, the fund posted a return of 40.07 per cent during the year. A final distribution of bonus of Rs110 per unit (22 per cent on the face value of Rs500 per unit) was approved.