Karachi, Al Meezan Investment Management Limited, a leading investment management company, has announced the approval of interim payouts for several open-end funds under its management for the year ending June 30, 2023. The Chief Executive Officer, under the authority delegated by the Board, has authorized the following cash dividend payouts:

1. KSE Meezan Index Fund - Payout per unit: Rs. 0.60, Payout as % of par value: 1.20%

2. Meezan Balanced Fund* - Payout per unit: Rs. 0.78, Payout as % of par value: 7.80%

3. Meezan Financial Planning Fund of Funds:

(i) Meezan Asset Allocation Plan-I - Payout per unit: Rs. 2.20, Payout as % of par value: 4.40%

4. Meezan Strategic Allocation Fund:

(i) Meezan Strategic Allocation Plan-I - Payout per unit: Rs. 0.80, Payout as % of par value: 1.60%

(ii) Meezan Strategic Allocation Plan-II - Payout per unit: Rs. 0.72, Payout as % of par value: 1.44%

(iii) Meezan Strategic Allocation Plan-III - Payout per unit: Rs. 1.50, Payout as % of par value: 3.00%

(iv) Meezan Strategic Allocation Plan-IV - Payout per unit: Rs. 1.30, Payout as % of par value: 2.60%

(v) Meezan Strategic Allocation Plan-V - Payout per unit: Rs. 1.45, Payout as % of par value: 2.90%

(vi) Meezan Capital Preservation Plan-III - Payout per unit: Rs. 6.40, Payout as % of par value: 12.80%

5. Meezan Strategic Allocation Fund-II - Payout per unit: Rs. 6.00, Payout as % of par value: 12.00%

(i) Meezan Capital Preservation Plan-IV

(ii) Meezan Capital Preservation Plan-V

(iii) Meezan Capital Preservation Plan-VI

(iv) Meezan Capital Preservation Plan-VII

6. Meezan Strategic Allocation Fund-III - Payout per unit: Rs. 6.25, Payout as % of par value: 12.50%

(i) Meezan Capital Preservation Plan-IX

7. Meezan Asset Allocation Fund - Payout per unit: Rs. 7.53, Payout as % of par value: 15.06%

8. Meezan Islamic Income Fund - Payout per unit: Rs. 0.29, Payout as % of par value: 0.58%

Unit holders whose names appeared in the register of the aforementioned funds as of the close of business on June 26, 2023, are entitled to the above-mentioned payouts.