EXTENSION IN MATURITY OF MEEZAN STRATEGIC ALLOCATION PLAN-IV (MSAP-IV) OF MEEZAN STRATEGIC ALLOCATION FUND
Thank you for investing in Meezan Strategic Allocation Plan-IV (MSAP-IV) of Meezan Strategic Allocation Fund (MSAF) and entrusting us with the responsibility of managing your investments. We would like to inform you that the second maturity of MSAP-IV due on June 30, 2020, after completing its 3 years of operations has been extended for another term of one year till June 30, 2021. During this extended period, you can still 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) through its letter dated June 11, 2020, wherein it acceded to the Management Company’s request submitted to it vide Second Supplemental to the Third Supplementary Offering Document of MSAF.
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.