The investors of following funds under management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, effective April 01, 2024, Management fee and Selling & Marketing expense are being accrued as per below mentioned schedule;
| Fund | Management Fee – % | Selling & Marketing Expense – % |
|---|---|---|
| Al Meezan Mutual Fund | No Change | 0.50% |
| Meezan Islamic Fund | No Change | 0.50% |
| Meezan Balanced Fund | No Change | 0.50% |
| Meezan Sovereign Fund | No Change | 0.15% |
| Meezan Energy Fund | No Change | 0.50% |
| Meezan Islamic Income Fund | No Change | 0.18% |
| Meezan Cash Fund | 0.70% | 0.18% |
| Meezan Asset Allocation Fund | 2.00% | 0.50% |
| Meezan Rozana Amdani Fund | 0.70% | 0.18% |