CHANGE IN MANAGEMENT FEE, SELLING & MARKETING AND ALLOCATED EXPENSES - Al Meezan Investment Management Limited
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CHANGE IN MANAGEMENT FEE, SELLING & MARKETING AND ALLOCATED EXPENSES

October 5, 2021

The Unit holders of following Funds under Management of Al Meezan Investment Management Limited (Al Meezan) are informed that, that effective October 01, 2021, Management fee, Selling & Marketing and Allocated Expenses in following funds are being accrued as per below mentioned schedule;

Management Fee

Fund Management Fee*
Meezan Daily Income Fund – MDIP – I (“MDIP”) 0.10%

Selling & Marketing Expense

Fund Selling & Marketing Expense – %
Meezan Rozana Amdani Fund (“MRAF”) 0.03%
Meezan Islamic Income Fund (“MIIF”) 0.40%
Meezan Daily Income Fund – MDIP – I (“MDIP”) 0.10%

Allocated Expense in Meezan Tahaffuz Pension Fund

Sub Fund Allocated Expense – %
Equity sub fund (“MTPF-Esf.”) 0.11%
Debt sub fund (“MTPF-Dsf.”) 0.15%
Money Market sub fund (“MTPF-Mmsf.”) 0.15%
Gold sub fund (“MTPF-Gsf.”) 0.11%