CHANGE IN SELLING & MARKETING EXPENSE AND ALLOCATED EXPENSE - Al Meezan Investment Management Limited
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CHANGE IN SELLING & MARKETING EXPENSE AND ALLOCATED EXPENSE

March 11, 2021

The Unit holders of following Funds under Management of Al Meezan Investment Management Limited (Al Meezan) are informed that, effective from March 10, 2021 Selling & Marketing Expense and Allocated Expense in these funds will be charged as per below mentioned schedule;

Fund Selling & Marketing Expense Allocated Expense

Fixed Income/Money Market Fund

Meezan Cash Fund (“MCF”)

0.30%

0.15%

Meezan Sovereign Fund (“MSF”)

0.30%

0.15%

Meezan Rozana Amdani Fund (“MRAF”)

0.00%

0.00%

Meezan Islamic Income Fund (“MIIF”)

0.30%

0.15%

Equity Fund

Meezan Islamic Fund (“MIF”)

1.00%

0.11%

Al Meezan Mutual Fund (“AMMF”)

1.00%

0.11%

Meezan Energy Fund (“MEF”)

0.40%

0.11%

KSE Meezan Index Fund (“KMIF”)

0.00%

0.11%

Meezan Dedicated Equity Fund (“MDEF”)

0.40%

0.11%

Balanced Fund

Meezan Balanced Fund (“MBF”)

1.00%

0.11%

Asset Allocation Fund

Meezan Asset Allocation Fund (“MAAF”)

1.00%

0.11%

Commodity Fund

Meezan Gold Fund (“MGF”)

0.40%

0.11%

Fund of Funds

Meezan Financial Planning Fund of Funds (“MFPF”)

0.00%

0.11%

Meezan Strategic Allocation Fund (“MSAF”)

0.00%

0.11%

Meezan Strategic Allocation Fund – II (“MSAF-II”)

0.00%

0.11%

Meezan Strategic Allocation Fund – III (“MSAF-III”)

0.00%

0.11%