CHANGE IN MANAGEMENT FEE & ALLOCATED EXPENSES – MTPF

02 Mar 2022
CHANGE IN MANAGEMENT FEE & ALLOCATED EXPENSES – MTPF

The participants of Meezan Tahaffuz Pension Fund under management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, effective March 01, 2022, Management fee & Allocated expenses in sub funds are being accrued as per below mentioned schedule;

Fund Management Fee – % Allocated Expenses
Meezan Tahaffuz Pension Fund- Debt Sub Fund  0.50% 1.15%
Meezan Tahaffuz Pension Fund- Money Market Sub Fund  0.50% 0.65%
Meezan Tahaffuz Pension Fund- Equity Sub Fund 1.50% 0.61%
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