The Pakistan Credit Rating Agency (PACRA) has assigned a 4-Star fund rating to Atlas Income Fund (AIF), which reflects a good performance relative to its peers. The rating is a composite measure of three factors namely a) returns, b) risk associated with the returns measured by Sharpe Ratio, and c) credit quality of the assets.

About the fund: AIF, an open-ended scheme, was established under a Trust Deed executed on February 20, 2003 with Atlas Asset Management Limited (AAML) as the management company. Presently, Central Depository Company of Pakistan Limited (CDC) is the trustee. The objective of AIF is to provide investors one window facility to invest in diversified portfolio offering good returns and consistent growth. The Fund aims to deliver this objective mainly by investing in CFS, spread transactions, debt securities, money market instruments, and government securities.

About the Asset Manager: Atlas Asset Management Limited (AAML), sponsored by the Atlas Group, was incorporated on August 20, 2002. Atlas Group, established in 1962, is one of the well-known business groups of the country with strong presence in manufacturing, finance and trading sectors. Over a span of 44 years, the group has diversified into various industrial and service oriented businesses. Though each company within the group works independently, the overall strategic direction of the group is set by the Group Executive Committee. Shirazi Investments (Pvt) Limited, the parent company of the asset manager, holds 88% of the total shareholding.