We are pleased to inform that Al Meezan Investment Management Limited (Al Meezan) has declared interim payout in following Open End Funds under its management for the year ending June 30, 2023;
Cash Dividend:
| Funds | Payout per unit – Rs. | Payout as % of par value of Rs. 50 each |
|---|---|---|
| Meezan Cash Fund (“MCF”) | 7.69 | 15.38 |
| Meezan Sovereign Fund (“MSF”) | 7.40 | 14.80 |
| Meezan Gold Fund (“MGF”) | 1.00 | 2.00 |
Unit holders whose names were appearing in the register of aforementioned Funds as at close of the business on Thursday, June 15, 2023 were entitled to the above payouts.