Reduction in management fee of NGSLF

June 21, 2013

Unit Holders are hereby informed that effective June 24, 2013, the management fee of NAFA Government Securities Liquid Fund has been reduced from 1.25% p.a. to the following;
10% of Gross earnings of the fund (subject to Upper Cap of 1.25% & Lower Cap of 1% of Average Annual Net Asset). The fee shall be calculated on a daily basis.