Thursday, April 8, 2010

Atlas announces Q3 payouts















KARACHI: The Board of Atlas Asset Management Limited has announced third interim payouts of 2.5 per cent and 2.25 per cent for its Income Fund and Islamic Income Fund respectively for the third quarter ended March 31, 2010.

The Board also approved payout for Atlas Money Market Fund for the period January 05, 2010 to March 31, 2010.

For Atlas Income Fund, a third interim bonus of Rs12.5 per unit i.e. 2.5 per cent on the face value of Rs500 per unit was approved. This is in addition to the payout of Rs26.25 per unit already paid.

For Atlas Islamic Income Fund, a third interim bonus of Rs11.25 per unit was announced i.e. 2.25 per cent on the face value of Rs500 per unit. This is in addition to a payout of Rs25 already paid.

The Board approved a bonus of Rs11 per unit i.e. 2.2percent on the face value of Rs500 per unit.

Source The News

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