EXTENSION IN MATURITY OF MEEZAN CAPITAL PRESERVATION PLAN-VI (MCPP-VI) UNDER MEEZAN STRATEGIC ALLOCATION FUND-II (FUND OF FUNDS)
Thank you for investing in Meezan Capital Preservation Plan-VI (MCPP-VI) under Meezan Strategic Allocation Fund-II (Fund of Funds) and entrusting us with the responsibility of managing your investments. We would like to inform you that after completing its 4.5 years of operations, the upcoming maturity of MCPP-VI is due on March 17, 2023.
However, the maturity has been extended for another term of one year. During this extended period, you can redeem or convert your investment anytime without any exit charges/ back end load / penalty or contingent load. The extension in maturity has been consented by the Central Depository Company of Pakistan (Custodian/Trustee) and approved by the Securities and Exchange Commission of Pakistan (Regulator) vide 20th Supplemental dated March 13, 2023 to the Offering Document of Meezan Strategic Allocation Fund-II Amendment in Meezan Capital Preservation Plan-VI.
Should you require any further clarification on this investment or any other investment products of Al Meezan, kindly contact your investment advisor or give us a call on our Toll-Free number 0800 – 42525.