The Unit holders of following Funds under Management of Al Meezan Investment Management Limited (Al Meezan) are informed that, that effective July 01, 2022, Management fee and Selling & Marketing in following funds are being accrued as per below mentioned schedule;
a) Management Fee
| Fund | Management Fee – % |
|---|---|
| Meezan Daily Income Fund – MDIP – I (“MDIP”) | 0.45% |
| Meezan Rozana Amdani Fund (“MRAF”) | 0.33% |
b) Selling & Marketing Expense
| Fund | Selling & Marketing Expense – % |
|---|---|
| Meezan Daily Income Fund – MDIP – I (“MDIP”) | 0.12% |
| Meezan Rozana Amdani Fund (“MRAF”) | 0.12% |