Revised fee structure for the Makaseb Income Fund

26-Dec-2012

We have revised the fee structure for the Makaseb Income Fund (MIF).

Subscription Fee:  The Subscription Fee for MIF has been reduced to 1.5% from its existing 2%.

Redemption Fee:  The Redemption Fee will now be 1.5% (flat) for redemptions within 12 months of purchase of units. 

Performance Fee:  Mashreq has waived its entitlement to the Performance Fee from MIF.  Thus, no Performance Fee will be charged to the Fund effective immediately.

Contact Number & Working Hours

  • Contact Number : +971 4 424 4618
  • Working Hours : Sunday to Thursday 8:30am - 5:00pm

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Office Address

Mashreq Capital (DIFC) Ltd
Al Fattan Currency House, Tower 2, Floor 28, Office 2803
Dubai International Financial Centre (DIFC)
Post Box 1250, Dubai, UAE

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