The investors of Meezan Gold Fund and Meezan Tahaffuz Pension Fund – Gold sub fund under management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, effective May 01, 2023, Management fee, Selling & Marketing expense & Allocated expenses of Meezan Gold Fund and Management fee of Meezan Tahaffuz Pension Fund – Gold sub fund are being accrued as per below mentioned schedule;
|
Fund / Sub Fund |
Management Fee – % |
Selling & Marketing Expense % |
Allocated Expense % |
|
Meezan Gold Fund |
1.50% |
0.70% |
0.45% |
|
MTPF – Gold Sub Fund |
1.15% |
– |
– |