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Atlas Stock Market Fund

Atlas Stock Market Fund (ASMF) was established by a Trust Deed dated May 29, 2004 between Atlas Asset Management Limited (AAML), as Management Company and Central Depository Company of Pakistan Limited (CDC), as Trustee.

To provide its unit holders a good rate of current income consistent with the prospect of appreciation in the value of amount invested, liquidity and the facility to join or leave the fund at their convenience.

The Fund invests mainly in high quality listed equity securities. At least 70% of net assets is invested in listed equity securities during the year based on quarterly average investment calculated on daily basis. In selecting equity securities, the Fund considers the reputation of the management, liquidity, profitability, dividend record and prospects of earning growth. The remaining net assets are invested in cash and / or near cash instruments which include cash in bank accounts (excluding TDRs) and treasury bills not exceeding 90 days maturity. The asset allocation in each instrument will depend on prevailing market conditions.

Fund Launch Date : November 23, 2004
Type : Open-ended
Category : Equity
Dealing Days : Monday to Friday
Cut Off Timings : 9:00 a.m. to 4:00 p.m.
Front End Load : Upto 2.0% (online upto 1.5%)
Pricing Mechanism : Forward Pricing
Management Fee : Current level of Management Fee is 2.4% of Average Annual Net Assets
Expense Ratio Limit : Upto 4.5% (Including Management Fee) of Average Annual Net Assets
Fund Risk Profile : High
Listing : Pakistan Stock Exchange
Trustee : Central Depository Company of Pakistan Limited (CDC)
Registrar : ITMinds Limited: 99-B, Block “B”, S.M.C.H.S., Shahrah-e-Faisal, Karachi.
Auditor : EY Ford Rhodes
Financial Year Ending : June 30
Minimum Investment : Rs. 5,000/-
Benchmark : KSE-100 Index

Atlas Stock Market Fund is a conventional avenue of investment in mutual funds suitable for individuals, corporate clients and retirement schemes ranging from a short to long term investment.

  • Competitive returns
  • Online access to individual accounts
  • Professional Fund Management Expertise
  • Required minimum investment as low as Rs. 5,000
  • Easy withdrawal of money
  • No minimum holding period
  • Risk Diversification
  • Exemption from Zakat (on submission of Affidavit)