Sector Funds

Meezan Energy Fund

Investment Objective

Meezan Energy Fund aims to seek long term capital appreciation through investments in Shariah compliant equity stocks, primarily from the energy sector / segment / industry, as defined in the constitutive documents.

Benefits at a Glance

  • Up to 100% equity (Sector) participation is possible, based on the Fund Manager’s outlook on Sector
  • Benefit from the expected rise in global oil prices
  • 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

  • Long term capital appreciation
  • High Risk and Return potential

Fund Facts

Fund Type

Open End

Fund Category

Sector (Equity) Scheme

Launch Date

29th Nov, 2016

Fund Size

1.23 Bn

as on January 31st, 2024

Benchmark

KMI-30

Risk Profile

High

Unit Types

A, B and C

Management Fee

Up to 3%

Actual Rate of Management Fee

2%

Front End Load

3%

Bank End Load

Nil

Trustee

CDC

Central Depository Company Pakistan Limited

Listing

PSX

Pakistan Stock Exchange

Fund Manager

Ahmed Hassan

CFA

Asset Manager Rating

AM1

by VIS & PACRA
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Fund Performance

FY23 FY22 FY21 FY20 FY19 FY18 FY17* FY16 FY15
MEF -2.13% -8.10% 14.25% -10.04% -33.00% -0.90% 6.90% - -
Benchmark 2.88% -10.25% 39.32% 1.62% -23.80% -9.60% 9.30% - -
* 213 Days Operation