Equity Funds

Meezan Dedicated Equity Fund

Meezan Dedicated Equity Fund

Investment Objective

To provide Fund of Funds scheme a dedicated equity platform to seek long term capital appreciation.

Investment Strategy

At least 70% of its Net Assets shall remain invested in listed equity securities during the year based on quarterly average investment calculated on daily basis. The remaining Net Assets shall be invested in cash and / or near cash instruments. Cash and near cash instruments which include cash in Islamic bank accounts (excluding TDRs) and Shariah GOP Ijara Sukuk not exceeding 90 days remaining maturity.

Benefits at a Glance

  • Professional Management of your savings by experienced fund managers with a proven track record
  • Under the supervision of a reputable Shariah Advisor; Dr.Imran Ashraf Usmani

Choose this Fund If You Are Seeking

  • High Risk and Return Potential
  • Professional Fund Managers to take care of your savings

Fund Facts

Fund Type

Open End

Fund Category

Equity

Launch Date

9th Oct, 2017

Fund Size

0.37 Bn

as on April 30th, 2024

Benchmark

KMI-30

Risk Profile

High

Unit Types

A and B

Management Fee

Up to 3%

Actual Rate of Management Fee

2%

Front End Load

0-3%

Bank End Load

2% I Class B

Trustee

CDC

Central Depository Company Pakistan Limited

Listing

PSX

Pakistan Stock Exchange

Fund Manager

Asif Imtiaz

CFA

Asset Manager Rating

AM1

by VIS & PACRA
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Fund Performance

FY23 FY22 FY21 FY20 FY19 FY18 FY17 FY16 FY15
MDEF -0.56% -14.26% 35.55% -2.56% -26.80% -2.90% - - -
Benchmark 2.88% -10.25% 39.32% 1.62% -23.80% 3.60% - - -