Al Meezan announces 2nd Interim Dividend for MCF for FY 2012-2013

Karachi, August 24, 2012 (PPI-OT): Al Meezan Investment Management Limited (Al Meezan) is pleased to announce 2nd interim dividend payout for Meezan Cash Fund (MCF) @ Rs. 0.50 per unit for FY 2012- 2013. The details of the dividend are as following:

Fund                        Period Dividend (Rs.) % of par value Total return
per unit of Rs. 50/- % for FY13
Meezan Cash Fund (MCF)     July 23-
August 22, 2012 0.5 1.00% 10.58%

The payouts are in the form of Bonus Units to the Growth Unit holders and Cash Dividend to the Income Unit holders.

Al Meezan is one of the leading asset management companies in the private sector in Pakistan with total assets under management of over Rs.40 billion and AM2 rating by JCR-VIS denoting High Quality Management. Al Meezan offers a complete range of investment solutions to meet the varying investment needs of its investors which exceed 20,000 clients including over 350 institutional investors.

For more information, contact:
Al Meezan Investment Management Limited
Registered Office
Ground Floor, Block B,
Finance and Trade Centre (FTC)
Sharah-E-Faisal
Karachi, 74400
UAN: 111-633-926 (Meezan)
Tel: (92-21) 5630722-26
Fax: (92-21) 5676143

Leave a Reply