The investors of following funds/plan under management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, effective October 10, 2024, the management fee, selling and marketing expenses and allocated expenses for the following funds are being accrued as per the following schedule:
| Fund | Management Fee % | Selling & Marketing Expense % | Allocated Expenses (%) |
|---|---|---|---|
| Meezan Sovereign Fund | 0.70% | 0.28% | 0.0245% |
| Meezan Daily Income Fund – MDIP I | 0.90% | 0.36% | 0.0315% |
| Meezan Islamic Income Fund | 0.80% | 0.32% | 0.0280% |
| Meezan Rozana Amdani Fund | 0.80% | 0.32% | 0.0280% |