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| Home >
About the Funds > Atlas
Money Market Fund > Introduction |
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| Atlas Money Market Fund (AMF) is an open ended fund established by a Trust Deed dated December 4, 2009, between Atlas Asset Management Limited (AAML), licensed by the Securities & Exchange Commission of Pakistan, to carry on asset management services, as the Management Company and Central Depository Company of Pakistan Limited (CDC), as Trustee. |
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| BASIC INFORMATION OF ATLAS
MONEY MARKET FUND |
| Management Company |
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Atlas Asset Management Limited |
| AAML Rating |
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AM3+ by PACRA |
| Address of Management Company |
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Ground Floor, Federation House, Sharae Firdousi, Clifton,
Karachi-75600 |
| Type |
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Open-Ended Money Market Fund |
| Objective |
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To provide competitive return from a portfolio of low risk, short duration assets while maintaining high liquidity. |
| Initial Public Offering |
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January 20 - 21, 2010 |
| Risk Profile |
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AMF seeks to maintain a low risk profile of low risk, short duration assets while maintaining high liquidity. |
| Seed Capital |
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Rs. 100 million |
| AMF Rating |
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AA(f) (Double A-Fund rating) by PACRA |
| Duration |
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Perpetual |
| Method of Pricing |
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Unit price will be calculated on daily basis on the Fund's Net Asset Value and circulated via different media. |
| Par Value per Unit |
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Rs. 500/- |
| Minimum Investment |
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Rs. 5,000/- |
| Sales Load |
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0.00% |
| Bloomberg Code |
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N/A |
| Trustee |
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Central Depository Company of Pakistan Limited (CDCPL) |
| Listing |
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Lahore Stock Exchange |
| Dealing Days |
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Monday to Friday (9:00 am to 4:00 pm) |
| Auditors |
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Ernst & Young Ford Rhodes Sidat Hyder |
| Management Fee |
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1.0% of the Net Asset Value of the fund, fee will be calculated on a daily basis |
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| Risk Disclosure: All investments in mutual funds are subject to market risks. The NAV based prices of Units and any dividend and returns thereon are dependant on market forces and factors affecting the capital markets. Past performance is not necessarily indicative of future results. Please read the Offering Documents of respective Funds and Supplementary Offering Documents of the respective Plans to understand the investment policies, rewards and risks involved. |
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