Al Meezan Investment Management Limited, the management company of Meezan Gold Fund (“the Fund”/ “MGF”) wishes to inform that in accordance with Clause 4.13.2 of the Offering Document and clause 13.5.1 of the Trust Deed of the Fund available at our website, the Management Company has temporarily suspended the issuance of fresh units of MGF till further notice due to non-availability of physical gold at PMEX.
The suspension on issuance of MGF units will be effective from Friday, May 19th, 2023.