| Fund | Period | Dividend (Rs.) per Unit | % of par value of Rs.50 | Total return % for FY12 |
| Mezzan Cash Fund (MCF) | Aug 24-Sep 23, 2011 | 0.45 | 0.90% | 11.74% |
| Meezan Sovereign Fund (MSF) | Jul 1-Sep 23, 2011 | 1.30 | 2.60% | 12.33% |
The payouts are in the form of Bonus Units to the Growth Unit holders and Cash Dividend to the Income Unit holders.
A Growth Unit holder having 100 units of MCF as at September 23, 2011 will get 0.8996 additional units at the ex-div. NAV of Rs.50.02 while an Income Unit holder will get Cash Dividend of Rs. 0.45 per unit. A Growth Unit holder having 100 units of MSF as at September 23, 2011 will get 2.5969 additional units at the ex-div. NAV of Rs.50.06 while an Income Unit holder will get Cash Dividend of Rs.1.30 per unit.
Meezan Cash Fund (MCF) is the largest Shariah compliant open end money market fund in Pakistan. At the close of the period September 22, 2011, the net assets of MCF were Rs.6,315 million.
Meezan Sovereign Fund (MSF) is the largest Shariah compliant open end government securities fund in Pakistan. At the close of the period September 22, 2011, the net assets of MSF were Rs.14,608 million.
Al Meezan is the largest asset management companies in the private sector in Pakistan with total assets under management of over Rs.30 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 18,000 clients including over 350 institutional investors.