The Unit holders of Meezan Rozana Amdani Fund (“MRAF”) under Management of Al Meezan Investment Management Limited (Al Meezan) are informed that, effective June 25, 2021, Management Fee in MRAF will be accrued as per below mentioned schedule;
| Fund | Management Fee* |
|---|---|
| Meezan Rozana Amdani Fund (“MRAF”) | 0.10% |
* As per constitutive document, following is the allowed limit of charging Management fee in MRAF;
* MRAF Up to 3.5% of gross earnings.