The Board of Directors of Atlas Asset Management Limited, an Atlas Group Company, announced the payouts for its open ended mutual funds for the year ended June 30, 2008 in its meeting held on July 4, 2008. Atlas Income Fund (AIF) announced final bonus payout of 4.5 percent of the par value of units, which is in addition to an interim bonus payment of 5 percent on April 3, 2008.
An investor holding 100 units on July 1, 2007 of the value of rupees 501.47 per unit received an interim distribution of 4.8897 bonus units and a final distribution of 4.7121 bonus units, which makes a total of 9.6018 bonus units during the year.
Atlas Stock Market Fund (ASMF) declared a bonus of 7.5 percent of the par value of units, which works out to 7.2454 bonus units on the ex-bonus value of rupees 517.57 per unit for every 100 units held as on June 30, 2008.
Atlas Islamic Fund (AISF) declared a bonus of 1.8 percent of the par value of units, which works out to 1.797 bonus units on the ex-bonus value of Rupees 500.83 per unit for every 100 units held as on June 30, 2008.-PR