CHANGE IN MANAGEMENT FEE AND ALLOCATED EXPENSES - MEEZAN CASH FUND - Al Meezan Investment Management Limited
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CHANGE IN MANAGEMENT FEE AND ALLOCATED EXPENSES – MEEZAN CASH FUND

July 1, 2021

The Unit holders of Meezan Cash Fund (“MCF”) under Management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, July 01, 2021, Management Fee and Allocated Expense in MCF will be accrued as per below mentioned schedule;

Fund Management Fee* Allocated Expense
Meezan Cash Fund (“MCF”) 0.50% 0.15%

* As per constitutive document, rate of Management fee for MCF is up to 0.60% of average annual net assets.