We are pleased to inform that the Chief Executive Officer of Al Meezan Investment Management Limited (Al Meezan) under the authority delegated by the Board of the Company has approved interim payout in following Open End Funds under its management for the year ending June 30, 2021;
| S. No | Fund | Payout per unit – Rs. | Payout as % of par value of Rs. 50 each |
|---|---|---|---|
| 1. | Meezan Cash Fund (“MCF”) | 2.89 | 5.78 |
| 2. | Meezan Sovereign Fund (“MSF”) | 3.90 | 7.80 |
Unit holders whose names appeared in the register of aforementioned Funds as at close of the business on Friday June 25, 2021 were entitled to the above payouts.