Change in Management Fee, Selling & Marketing Expenses and Allocated Expenses
The investors of Meezan Sovereign Fund under management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, effective November 01, 2024, the management fee, selling & marketing expenses and allocated expenses are being accrued as per the following schedule:
| Management Fee % | Selling & Marketing Expense % | Allocated Expenses % |
|---|---|---|
| 0.90% | 0.36% | 0.0315% |