Al Meezan Investments

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Interim Distribution of Al Meezan Funds For the Year Ending June 30, 2017

June 30, 2017

Al Meezan Investment Management Ltd. is pleased to announce interim cash dividend for the following funds:

S. NO

FUND/PLAN

PAYOUT PKR/Unit

1.

Meezan Financial Planning Fund of Funds

Aggressive Allocation Plan
(July 1, 2016  –June 29, 2017)

Rs. 6.00 per unit i.e. 12.00% of the par value of Rs. 50/- each and 8.18% of the opening Ex-NAV as of July 1, 2016 of Rs. 73.37/-.

Moderate Allocation Plan
(July 1, 2016  –June 29, 2017)

Rs. 2.00 per unit i.e. 4.00% of the par value of Rs. 50/- each and 3.06% of the opening Ex-NAV as of July 1, 2016 of Rs. 65.32/-.

Conservative Allocation Plan
(July 1, 2016  –June 29, 2017)

Rs. 0.30 per unit i.e. 0.60% of the par value of Rs. 50/- each and 0.49% of the opening Ex-NAV as of July 1, 2016 of Rs. 60.71/-.

Meezan Asset Allocation Plan – I 
(July 1, 2016  –June 29, 2017)

Rs. 1.80 per unit i.e. 3.60% of the par value of Rs. 50/- each and 3.33% of the opening Ex-NAV as of July 1, 2016 of Rs. 54.03/-.

Meezan Asset Allocation Plan – II 
(July 1, 2016  –June 29, 2017)

Rs. 2.25 per unit i.e. 4.50% of the par value of Rs. 50/- each and 4.11% of the opening Ex-NAV as of July 1, 2016 of Rs. 54.75/-.

Meezan Asset Allocation Plan – III 
(July 1, 2016  –June 29, 2017)

Rs. 1.90 per unit i.e. 3.80% of the par value of Rs. 50/- each and 3.52% of the opening Ex-NAV as of July 1, 2016 of Rs. 54.03/-.

Meezan Asset Allocation Plan – IV
(July 1, 2016  –June 29, 2017)

Rs. 2.20 per unit i.e. 4.40% of the par value of Rs. 50/- each and 4.54% of the opening Ex-NAV as of July 1, 2016 of Rs. 48.42/-.

2.

Meezan Strategic Allocation Fund

Meezan Strategic Allocation Plan – I
(For the period from October 19, 2016 to June 29, 2017)

Rs. 4.00 per unit i.e. 8.00% of the par value of Rs. 50/- each.

Meezan Strategic Allocation Plan – II
(For the period from December 22, 2016 to June 29, 2017)

NIL

Meezan Strategic Allocation Plan – III
(For the period from February 17, 2017 to June 29, 2017)

NIL

Meezan Strategic Allocation Plan – IV
(For the period from April 24, 2017 to June 29, 2017)

NIL

The above entitlement will be distributed to the unit holders, whose names appeared in the register of the funds at the close of business on June 29, 2017.