CHANGE IN MANAGEMENT FEE AND SELLING & MARKETING - Al Meezan Investment Management Limited
Al Meezan Investments

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CHANGE IN MANAGEMENT FEE AND SELLING & MARKETING

July 4, 2022

The Unit holders of following Funds under Management of Al Meezan Investment Management Limited (Al Meezan) are informed that, that effective July 01, 2022, Management fee and Selling & Marketing in following funds are being accrued as per below mentioned schedule;

a) Management Fee

Fund Management Fee – %
Meezan Daily Income Fund – MDIP – I (“MDIP”) 0.45%
Meezan Rozana Amdani Fund (“MRAF”) 0.33%

b) Selling & Marketing Expense

Fund Selling & Marketing Expense – %
Meezan Daily Income Fund – MDIP – I (“MDIP”) 0.12%
Meezan Rozana Amdani Fund (“MRAF”) 0.12%