No #3

The Financial Daily - - ECON­OMY & CON­TIN­U­A­TION -

A Growth Unit holder hav­ing 100 units of MIIF as at March 28, 2011 will get 3.486 ad­di­tional units at the ex-div­i­dend NAV of Rs50.20 while an In­come Unit holder will get Cash Div­i­dend of Rs1.75 per unit. MIIF is the first and the largest Shariah com­pli­ant open end in­come fund in Pak­istan. The an­nu­al­ized re­turn for the pe­riod from Jan­uary 01 to March 28, 2011 was 13.69 per cent. The cur­rent net as­sets of MIIF are Rs2,792 mil­lion.

A Growth Unit holder hav­ing 100 units of MCF as at March 28, 2011 will get 2.699 ad­di­tional units at the ex-div­i­dend NAV of Rs50.02 while an In­come Unit holder will get Cash Div­i­dend of Rs1.35 per unit. MCF is the first Shariah com­pli­ant open end money mar­ket fund in Pak­istan. The an­nu­al­ized re­turn for the pe­riod from Jan­uary 01 to March 28, 2011 was 11.43 per cent. The cur­rent net as­sets of MCF are Rs6,357 mil­lion.

Al Meezan is the largest pri­vate sec­tor as­set man­age­ment com­pany in Pak­istan, with AM2 Man­age­ment Qual­ity Rating. It has Rs29 bil­lion as­sets un­der man­age­ment. Due to its pru­dent fund man­age­ment, Al Meezan has not only been able to re­tain its ex­ist­ing in­vestors but also man­aged to in­crease the in­vestor base. This suc­cess is re­flec­tive of the con­fi­dence and trust of both in­di­vid­ual and in­sti­tu­tional in­vestors.

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