Maturity Update – Meezan Paaidaar Munafa Plan-V (MPMP-V) Managed Under Meezan Fixed Term Fund

07 Jul 2023
Maturity Update – Meezan Paaidaar Munafa Plan-V (MPMP-V) Managed Under Meezan Fixed Term Fund

Thank you for investing in Meezan Paaidaar Munafa Plan-V(MPMP-V) managed under Meezan Fixed Term Fund and entrusting us with the responsibility of managing your investments. We would like to inform you that the maturity of MPMP-V is due on July 10, 2023, after completing its 43 days of operations. The Plan shall be further rolled over for up to 3 months & new subscription period shall be opened from July 11, 2023 till July 27, 2023 (both days inclusive). Details of any extension to the subscription period shall be announced separately by the Management company.

In case you wish to remain invested in MPMP-V for further period of up to 3 months or Convert in our existing funds/plan or Redeem your investment, please Click Here for a consent letter and send it directly on [email protected] or dispatch the same to our Head Office, FTC Building, Ground Floor, Block B Main Shahrah-e-Faisal, Karachi, addressing to Customer Services Department.

However, if we do not receive the signed consent letter from you till 14 July, 2023 the proceeds will automatically be paid to you in accordance with the provisions of the Offering Document.

Disclaimer: All investments in mutual funds are subject to market risks. Past performance is not necessarily indicative of the future results. Please read the Offering Document to understand the investment policies, tax implications and risks involved. The performance data has been computed NAV to NAV with dividend reinvested.

Fund Category: Open End Islamic CIS as per SECP’s Circular No.3 of 2022, Risk Profile: Very Low, AMC Rating: AM1 by VIS & PACRA.

*Inception Date of the plan: 28th May 2023.

**Contingent load shall commensurate with net loss incurred due to early redemption as determined by the Management Company. The return mentioned above will be paid upon maturity.

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