Karachi: Al Meezan Investment Management Limited has announced an interim payout for its open-end funds and plans under its management for the year ending June 30, 2026. This decision comes following the approval by the Chief Executive Officer, under the authority delegated by the Board.
The payout spans across various funds, with the Meezan Financial Planning Fund of Funds offering dividends to its Aggressive, Moderate, and Conservative Allocation Plans. The Aggressive Allocation Plan boasts a payout per unit of Rs. 3.35, translating to a 6.70% payout as a percentage of par value. Meanwhile, the Moderate Allocation Plan and the Conservative Allocation Plan reflect a 7.00% and a 2.60% payout, respectively.
The Meezan Strategic Allocation Fund and its associated plans have also witnessed significant disbursements. The Meezan Strategic Allocation Plan-I notes a payout per unit of Rs. 3.00, equivalent to 6.00% of par value, whereas the Meezan Strategic Allocation Plan-II records Rs. 2.00 per unit, marking a 4.00% payout.
According to information available from the Pakistan Stock Exchange (PSX), the Meezan Fixed Term Fund’s Meezan Paidaar Munafa Plan - 34 is set to provide a payout per unit of Rs. 1.60, correlating to a 3.20% payout as par value. Other plans under the same fund, such as Meezan Paidaar Munafa Plan - 39 and Meezan Paidaar Munafa Plan - 43, are delivering payouts of Rs. 1.40 (2.80%) and Rs. 1.35 (2.70%) respectively.
The news of the interim payout has been communicated to the TRE Certificate Holders of the Exchange. With the current financial year closing on June 30, 2026, these distributions reflect a strategic alignment and performance across Al Meezan’s managed funds.