The Unit holders of following Funds under Management of Al Meezan Investment Management Limited (Al Meezan) are informed that, effective from March 10, 2021 Selling & Marketing Expense and Allocated Expense in these funds will be charged as per below mentioned schedule;
| Fund | Selling & Marketing Expense | Allocated Expense |
|---|---|---|
| Fixed Income/Money Market Fund | ||
| Meezan Cash Fund (“MCF”) |
0.30% |
0.15% |
| Meezan Sovereign Fund (“MSF”) |
0.30% |
0.15% |
| Meezan Rozana Amdani Fund (“MRAF”) |
0.00% |
0.00% |
| Meezan Islamic Income Fund (“MIIF”) |
0.30% |
0.15% |
| Equity Fund | ||
| Meezan Islamic Fund (“MIF”) |
1.00% |
0.11% |
| Al Meezan Mutual Fund (“AMMF”) |
1.00% |
0.11% |
| Meezan Energy Fund (“MEF”) |
0.40% |
0.11% |
| KSE Meezan Index Fund (“KMIF”) |
0.00% |
0.11% |
| Meezan Dedicated Equity Fund (“MDEF”) |
0.40% |
0.11% |
| Balanced Fund | ||
| Meezan Balanced Fund (“MBF”) |
1.00% |
0.11% |
| Asset Allocation Fund | ||
| Meezan Asset Allocation Fund (“MAAF”) |
1.00% |
0.11% |
| Commodity Fund | ||
| Meezan Gold Fund (“MGF”) |
0.40% |
0.11% |
| Fund of Funds | ||
| Meezan Financial Planning Fund of Funds (“MFPF”) |
0.00% |
0.11% |
| Meezan Strategic Allocation Fund (“MSAF”) |
0.00% |
0.11% |
| Meezan Strategic Allocation Fund – II (“MSAF-II”) |
0.00% |
0.11% |
| Meezan Strategic Allocation Fund – III (“MSAF-III”) |
0.00% |
0.11% |