The Unit holders of following Funds under Management of Al Meezan Investment Management Limited (Al Meezan) are informed that, effective June 01, 2023, Selling & Marketing in following funds / plans are being accrued as per below mentioned schedule;
Selling & Marketing Expense
|
Fund / Plan |
Selling & Marketing Expense – % |
|
Meezan Daily Income Fund – MDIP – I (“MDIP”) |
0.44% |
|
Meezan Daily Income Fund – MMMP (“MMMP”) |
0.37% |
|
Meezan Cash Fund (“MCF”) |
0.73% |