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Wednesday, March 03, 2010
Al Meezan announces interim dividend for MIIF

Al Meezan announces interim dividend for MIIF

We are pleased to inform you that Al Meezan has announced a distribution of interim dividend of Rs. 0.135 per unit for Meezan Islamic Income Fund (MIIF). The payout is in the form of Bonus Units to the Growth Unit holders and Cash Dividend to the Income Unit holders. A Growth Unit holder having 100 units of MIIF as at February 28, 2010 got 0.268 additional units at the ex-div NAV of Rs. 50.34, while an Income Unit holder got Cash Dividend of Rs. 0.13 per unit.

 
 

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All investments in Mutual Funds are subject to market risks. The NAV of units may go up or down based on the market conditions. Past performance is not necessarily indicative of future results. Please read the Offering Documents of the funds to understand the investment policies and the risks involved.

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