The Unit holders of following Funds under Management of Al Meezan Investment Management Limited (Al Meezan) are informed that, that effective October 01, 2021, Management fee, Selling & Marketing and Allocated Expenses in following funds are being accrued as per below mentioned schedule;
Management Fee
| Fund | Management Fee* |
|---|---|
| Meezan Daily Income Fund – MDIP – I (“MDIP”) | 0.10% |
Selling & Marketing Expense
| Fund | Selling & Marketing Expense – % |
|---|---|
| Meezan Rozana Amdani Fund (“MRAF”) | 0.03% |
| Meezan Islamic Income Fund (“MIIF”) | 0.40% |
| Meezan Daily Income Fund – MDIP – I (“MDIP”) | 0.10% |
Allocated Expense in Meezan Tahaffuz Pension Fund
| Sub Fund | Allocated Expense – % |
|---|---|
| Equity sub fund (“MTPF-Esf.”) | 0.11% |
| Debt sub fund (“MTPF-Dsf.”) | 0.15% |
| Money Market sub fund (“MTPF-Mmsf.”) | 0.15% |
| Gold sub fund (“MTPF-Gsf.”) | 0.11% |