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Karachi, Al Meezan Investment Management Limited has announced that it may declare interim distribution, subject to its discretion, on Monday, June 19, 2023. The distribution will be made from the profits earned in three Funds for the year ending June 30, 2023.
The Funds for which the interim distribution is being considered are:
i. Meezan Cash Fund (MCF)
ii. Meezan Sovereign Fund (MSF)
iii. Meezan Gold Fund (MGF)
In light of this, the register of unitholders for the aforementioned Funds will be closed on June 16, 2023. Only those unitholders whose names appear in the register at the close of business on June 15, 2023, will be eligible to receive the interim distribution, if any.
Al Meezan Investment Management Limited continues to prioritize its commitment to providing value to its investors and will make a formal announcement regarding the interim distribution on June 19, 2023.