Atlas Islamic Cash Fund (AICF) is Shariah Compliant Fund Certified by SECP, was established by a Trust Deed dated February 15, 2024 between Atlas Asset Management Limited (AAML), as Management Company and Central Depository Company of Pakistan Limited (CDC), as Trustee.

The objective of Atlas Islamic Cash Fund (AICF) is to provide competitive return to its investors (with aperiodic payout) by investing in low risk, highly liquid and short duration portfolio consisting of Shariah Compliant money market instruments.

The Fund invests in Shariah Compliant money market instruments with a maximum time to maturity of six months for any asset whereas, weighted average time to maturity of the fund cannot exceed 90 days. This is intended to reduce risk while maintaining liquidity. The Fund’s investment strategy is based on fundamental credit analysis of counterparties. The Fund primarily invests in short term government Securities/bank deposits and other short term money market instruments subject to such exposure limits as are specified in the Rules, the Regulations and directives issued by SECP from time to time. The Fund will make periodic payout to the unit holders, which shall be reinvested.

Fund Launch Date	:	July 03, 2024
Type	:	Open-ended
Category	:	Shariah Compliant Money Market Scheme
Dealing Days	:	Monday to Friday
Cut Off Timings	:	9:00 a.m. to 4:00 p.m.
Front End Load	:	Nil
Pricing Mechanism	:	Forward Pricing
Management Fee	:	Up to 1.00% Actual Rate of Management Fee will be disclosed in Monthly FMR
Payout Frequency	:	Dividend payout on a periodic basis (i.e. Daily, Weekly, Monthly, Quarterly & Yearly) will be distributed to the unit holder(s)
Expense Ratio Limit	:	Upto 2% (including Management Fee) of Average Annual Net Assets
Fund Risk Profile	:	Low
Trustee	:	Central Depository Company of Pakistan Limited (CDC)
Registrar	:	ITMinds Limited
Auditor	:	YousufAdil Chartered Accountants
Financial Year Ending	:	June 30
Minimum Investment	:	Rs.5,000 (and Rs.1,000 thereafter)
Shariah Advisor	:	Dr. Mufti Hassan Ashraf Usmani (Reg. # SECP/IFD/SA/041)
Benchmark	:	Three (3) months average deposit rates of Three (3) AA rated Islamic Banks or Islamic windows of conventional banks, as Selected by MUFAP

• Riba free returns.
• Guidelines of authentic Shariah Advisor.
• Online access to individual accounts.
• Shariah Compliant avenue of investment for individuals, corporate clients and retirement schemes.
• Shariah Compliant investment plans available.
• 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).