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Karachi, Al Meezan Investment Management Limited has announced its intention to potentially declare interim distributions from the profits earned in various funds for the year ending June 30, 2023. The announcement includes the following funds:
1. KSE Meezan Index Fund (KMIF)
2. Meezan Balanced Fund (MBF)
3. Meezan Islamic Income Fund (MIIF)
4. Meezan Financial Planning Fund of Funds (MFPF)
5. Meezan Asset Allocation Fund (MAAF)
6. Meezan Dedicated Equity Fund (MDEF)
7. Meezan Fixed Term Fund (MFTF)
8. Meezan Strategic Allocation Fund (MSAF)
9. Meezan Strategic Allocation Fund-II (MSAF-II)
10. Meezan Strategic Allocation Fund-III (MSAF-III)
If deemed appropriate, Al Meezan Investment Management will declare the interim distribution on June 27, 2023, utilizing the profits generated by the mentioned funds.
To facilitate this process, the register of unitholders for the aforementioned funds will be closed on June 27, 2023. Only unitholders whose names are listed in the register at the end of business hours on Monday, June 26, 2023, will be eligible to receive the interim distribution, if any.
The post Al Meezan Investment Management Plans Interim Distribution for Multiple Funds appeared first on Pakistan Company News.