CHANGE IN MANAGEMENT FEE - MRAF - Al Meezan Investment Management Limited
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CHANGE IN MANAGEMENT FEE – MRAF

July 6, 2021

The Unit holders of Meezan Rozana Amdani Fund (“MRAF”) under Management of Al Meezan Investment Management Limited (Al Meezan) are herby informed that, effective July 06, 2021, Management Fee in MRAF will be accrued as per below mentioned schedule;

Fund Management Fee*
Meezan Rozana Amdani Fund (“MRAF”) 0.20%

* As per constitutive document, following is the allowed limit of charging Management fee in MRAF;
* MRAF Up to 3.5% of gross earnings.