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Asset Allocation Funds

Meezan Asset Allocation Fund

Meezan Dynamic Asset Allocation Fund

Investment Objective

The Fund shall not offer its units rather offer shall be made through its Investment Plans. Each Plan shall have distinct investment policy and investment objective.

Investment Policy

The Fund will actively allocate its portfolio between the equity asset classes and fixed income/money market asset classes based on the macroeconomic view of the fund manager on such asset classes.

Benefits at a Glance

  • Exposure to Dividend Yielding Shariah Compliant Equity Schemes
  • Competitive Halal Returns compared to other investment options
  • A Diversified Investment Avenue
  • No Back-End Load

Fund Facts

Fund Type

Open End

Fund Category

Open End Shariah Compliant Asset Allocation Scheme

Launch Date

TBD

Fund Size

-

-

Benchmark

Weighted average return of KMI-30 Index, 6 months average deposit rates of three (3) A rated Scheduled Islamic Banks or Islamic windows of Conventional Banks as selected by MUFAP, six months PKISRV Rates and three (3) months average deposit rates of three (3) AA rated Islamic Banks or Islamic windows of conventional banks as selected by MUFAP based on the actual proportion of investment in Equity, Income / Money Market asset classes made by the Plan.

Risk Profile

High

Management Fee

The Plan shall charge a Management Fee of up to 3% per annum

Actual Rate of Management Fee

-

Trustee

CDC

Central Depository Company Pakistan Limited

Fund Manager

Al Meezan Investments Management Limited

Asset Manager Rating​

AM1​

by VIS & PACRA
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Front-end and Back-end Load

Class of Unit Front- End Load Back- End Load
Class "A" Units (Pre-IPO Units) 0-3% Nil
Class "B" Units 0-3%
Class "C" Units (Bonus Units) Nil
Disclaimer: All Investments in Mutual Funds are subject to market risks. Past performance is not necessarily indicative of future results. Please read the offering Documents to understand the investment policies, risks and tax implication involved.