The investors of Meezan Gold Fund and Meezan Daily Income Fund – MDIP-I under management of Al Meezan Investment Management Limited (Al Meezan) are hereby informed that, effective April 01, 2024, Management fee and Selling & Marketing expense of Meezan Gold Fund and Meezan Daily Income Fund – MDIP-I are being accrued as per below mentioned schedule;
| Fund | Management Fee – % | Selling & Marketing Expense – % |
|---|---|---|
| Meezan Gold Fund | 0.80% | – |
| Meezan Daily Income Fund – MDIP — I (“MDIP”) | 0.80% | 0.20% |