Mutual Funds are a popular way to enhance growth and reduce risk. Depending on your objectives and the amount of risk you're willing to accept, our investment representative can help you select the fund that best meets your needs.

Atlas Funds provide the copy of prospectus/offering document and latest annual or quarterly financial reports to its investors before accepting their initial investment. In addition, monthly Fund Managers’ reports are available on web-site. The purpose is to provide the complete disclosure of information about the fund. Information listed in the prospectus includes the following:

The objective: This allows you to find a fund that matches your investing objective.
Performance: This describes how the fund has performed in the past. Since the funds may change managers or limit choices to particular sectors of the economy, past performance does not guarantee future success.
Risk: Each fund must list the level of risk involved in achieving its objectives.

When a fund invests in debt, it requires interest payments at specific times. A fund investing in the stock of corporation receives whatever cash dividends that company pays. Interest payments and dividend income by law must be passed through to the fund's shareholders i.e. to you. You can even have that income reinvested in more fund shares. Also, when a fund actually sells a stock or bond that has increased in value, the fund realizes a capital gain. Periodically, the fund will distribute such gains to its shareholders in the form of dividend warrants unless you have instructed it to reinvest the gains.

By contacting our representative in the investor services division. Also, the value of securities a mutual fund holds is computed every day and made publicly available. You can get that value by looking it up in daily newspapers.

Unlike a bank deposit, the value of your principal can rise or fall. People invest in mutual funds because of the fact they want their principal to rise over time. The value of a fund depends on the value of the securities it owns. Stocks and bonds fluctuate in value and therefore so do mutual funds.

Because the value of a fund fluctuates, when you sell ("redeem") your shares, the price may be more or less than what you paid for it. Just as the value of your home doesn't always stay the same, neither does the value of a mutual fund. If you sell your home soon after you buy it, chances are greater you won't make a profit. The same is true for mutual funds which is a long-term investment.

Probably not. Most people want assurance money they immediately need will be there when they need it. Mutual funds (except for money market funds) by their nature fluctuate in value and therefore may not be the most comfortable place for your emergency funds.

Talk to your investment representative about your needs - why you're making the investment in the first place. The Representative will identify those funds that provide the best combination of return and safety for you and what you want to accomplish with the investment.

A typical mutual fund will invest in 30 to 100 different securities. The very large number of investments gives most funds much more diversification than any individual could afford and, historically, greater diversification has meant greater safety.

Atlas Funds buy stocks (equity) and debt instruments. Stocks represent a share of ownership in a corporation. As an owner the mutual fund (and through it, you) shares in the profits (or losses) of the corporation. Debt, such as bonds that will be paid off at a stated date in the future; the mutual fund receives interest payments and after paying expenses, passes them along to you as dividends.

By filling a simple application form, which is attached at the end of this document or can also be downloaded from our website www.atlasfunds.com.pk or by visiting any of our offices, (see distribution centres at the end of the document). You can also call our investor services division at 111-MUTUAL (111-6888-25) to have a copy of the form delivered at your address.

The units are priced based on the NAV (net asset value). The unit holders may be required to pay an entry load at applicable rates at the time of purchasing the units. The entry load is calculated with reference to the NAV of the scheme on the date of purchase of units. The NAV is the current market worth of a mutual fund unit. It is calculated on business days by taking the funds' total investments, cash and any accrued earnings deducting liabilities, and dividing the remainder by the number of units outstanding.
NAV of units under any fund/ scheme shall be calculated as shown below.
NAV (Rs.) =

(Market or Fair Value of the fund investments + Current Assets - Current Liabilities and Provisions)

No. of units outstanding in the fund

An Account Statement is sent to you by post stating the number of units allotted, not later than 15 days from the date of purchase. Unit Certificates are also available on the request of the unit holder.

The income received is credited to the scheme and constitutes part of the NAV. At the end of the financial year mutual fund distributes 90% of the income (excluding capital gains and capital appreciation) as dividend or bonus certificates or units.

You could call us at 111-MUTUAL (111-6888-25) and speak to our representatives in the investor service division or you can view your Account Statement on our website www.atlasfunds.com.pk.

There will be a one time sales load generally referred to as front-end load, which you will pay at the time of purchase of units. This entry load is charged as a percentage of the NAV. Generally it is 2% of the NAV, which comes to Rs.10 for a 500 Rupee unit.

There is no lock-in in the case of open-ended funds. Except for the book closure dates, you can redeem/ encash your units at any time of the year. You will promptly receive the amount of redeemed units at your registered address or directly in your bank account within 6 working days.

These can be made either by redeeming units (receiving money) or by affecting a switch from one scheme to another (receiving another fund's units).