The investors of following funds under management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, effective December 01, 2024, the management fee, selling and marketing expenses and allocated expenses for the following funds are being accrued as per the following schedule:
| Management Fee % | Management Fee (%) | Selling and Marketing Expense (%) | Allocated Expenses (%) |
|---|---|---|---|
| Meezan Sovereign Fund | 1.05% | 0.42% | 0.0368% |
| Meezan Islamic Income Fund | 1.00% | 0.40% | 0.0350% |