The participants of Meezan Tahaffuz Pension Fund under management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, effective March 01, 2022, Management fee & Allocated expenses in sub funds are being accrued as per below mentioned schedule;
Fund | Management Fee – % | Allocated Expenses |
---|---|---|
Meezan Tahaffuz Pension Fund- Debt Sub Fund | 0.50% | 1.15% |
Meezan Tahaffuz Pension Fund- Money Market Sub Fund | 0.50% | 0.65% |
Meezan Tahaffuz Pension Fund- Equity Sub Fund | 1.50% | 0.61% |