Meezan Capital Preservation Fund-II
Meezan Capital Preservation Fund-II is a Shariah Compliant open-end fund of fund scheme. It is a tool to maximize return through equity market upside potential while simultaneously protecting the principal investment through income/money market participation.
Investment Objective & Philosophy
The objective of MCPF-II is to earn potentially high rate of return utilizing internationally renowned capital protection methodology; Constant Proportion Portfolio insurance (CPPI) while preserving the initial investment amount.
CPPI Strategy is an internationally practiced dynamic asset allocation trading strategy which allocates assets between equity based and income/money market based asset classes. The strategy provides investors to enhance exposure to equities in an upward trending market (up to 100%) while preserve the initial investment amount from downside risk in a downturn market.
Key Benefits
- Meezan Capital Preservation Fund-II is Shariah Compliant open-end Fund of Fund scheme
- Principal preservation of initial investment amount
- Upto 100% in Exposure in Shariah Compliant Equities
- Cumulative return since inception (June 28, 2014 till March 31, 2016) is 13.9% in PKR terms
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This product is suitable for investors who are seeking*:
- Attractive returns through equity participation along with principal preservation
- An effective strategy to reduce risk through CPPI with upto 100% equity exposure
- Low to Moderate risk and return potential (Blue)
*Investors are encouraged to consult their financial advisers prior to investing in the product.
Note: Risk is represented as:
LowMediumHigh
Key Features
| Scheme Name | Meezan Capital Preservation Fund-II |
|---|---|
| Scheme Type | Open-end Islamic Fund of Funds Scheme |
| Date of Inception | June 28, 2014 |
| Fund Size – Mar 31, 2016 | Rs. 2,250 million |
| Objective of the scheme | The Fund seeks to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant Income/Money Market based Collective Investment Schemes, while providing capital Preservation of the principal investment at completion of the duration of Fund. |
| Benchmark | Combination of KMI-30 Index and Average return on 6-month Islamic bank deposit |
| Minimum Investment Amount | Rs.5,000 (and Rs. 1,000 thereafter) |
| Lock-in Period | None |
| Management Fee | 1% (No Management Fees from investment in Al Meezan Funds as per law) |
| Entry Load | 3% |
| Exit Load | 5% upon redemption prior to maturity |
| Duration | 2 years (Initial Maturity June 27, 2016) |
Fund performance Highlights
| HFY 15 | |
|---|---|
| MCPF-II Returns | 10.3% |
| Benchmark Returns | 8.5% |
| MCPF-II Dividend (Rupees per unit) | – |
Note: For details on Tax Credit, please Click Here
MCPrF-II will have its initial maturity on June 27, 2016 and continue its existence till December 31, 2016, which shall be the date of the next subsequent initial maturity. We would encourage you to remain invested for its subsequent tenure, for the chance to generate further attractive returns from investments in the stock market.
Please find the Consent Letter to provide us with the instruction to either remain invested in MCPrF –II or convert your investment in any of our other funds. Please also find enclosed the Pakistan Stock Market Review and Outlook to facilitate you in decision making.
Consent letter MCPRF-II Click Here
Investment Note MCPRF II Click Here
Meezan Capital Preservation Plan – I
Meezan Capital Preservation Plan –I (MCPP-I), is a plan based on the existing Meezan Financial Planning Fund of Fund (MFPF). Based on CPPI investment strategy, MCPP-I will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a bearish market by investing in fixed income/money market based funds.
This is the first ever Islamic capital preservation plan in Pakistan adding a new dimension to address investor’s need for capital preservation with potential 100% exposure to stock market.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-I (MCPP-I) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant Income/Money Market based Collective Investment Schemes (CIS), while providing capital preservation upon maturity of the allocation plan.
Key Benefits
- Meezan Capital Preservation Plan –I (MCPP-I) is Pakistan’s first Shariah Compliant capital preservation plan
- Principal preservation of initial investment amount
- Upto 100% exposure in Shariah Compliant Equities
- Strategy reflective of investor’s risk appetite as market conditions change
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This product is suitable for investors who are seeking*:
- Attractive returns through equity participation along with principal preservation
- An effective strategy to reduce risk through CPPI with upto 100% equity exposure
- Risk and return potential Low- Medium
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Fund performance Highlights
| FY 15 | FY 16 | |
|---|---|---|
| MCPP-I Returns | 7.8%* | 10.5% |
| Benchmark Returns | 8.5% | 8.7% |
| MCPP-I Dividend ( Rupees per unit) | 0.02 (For the period from Sep 1, 2014 to Jun 30, 2015) |
3.90 (For the period from Jul 1, 2015 to Jun 23, 2016) |
We would like to inform that MCPP-I (plan based on existing MFPF) is maturing on October 27, 2016, after completing its 2 years of operations. We would encourage you to re-invest your current investment of MCPP-I into our upcoming Meezan Strategic Allocation Plan-I (MSAP-I) to generate further attractive returns from investments in the stock market.
Please find the Consent Letter to provide us with the instruction to either remain invested in MCPP –I or convert your investment in any of our other funds. Please also find enclosed the Pakistan Stock Market Review and Outlook to facilitate you in decision making.
Consent letter MCPP-I Click Here
Note on Pakistan Stock Exchange Click Here
Meezan Capital Preservation Plan – II
Meezan Capital Preservation Plan –II (MCPP-II), is another plan based on the existing Meezan Financial Planning Fund of Fund (MFPF). Based on CPPI investment strategy, MCPP-II will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a sliding market by investing in fixed income/money market based funds.
This is second in series of Islamic capital preservation plans in Pakistan adding a new dimension to address investor’s need for capital preservation with potential 100% exposure to stock market.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-II (MCPP-II) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant Income/Money Market based Collective Investment Schemes (CIS), while providing capital preservation upon maturity of the allocation plan.
Key Benefits
- Meezan Capital Preservation Plan –I (MCPP-I) is second in series of Shariah Compliant capital preservation plans in Pakistan.
- Principal preservation of initial investment amount
- Upto 100% in Exposure in Shariah Compliant Equities
- Strategy reflective of investor’s risk appetite as market conditions change
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This product is suitable for investors who are seeking*:
- Attractive returns through equity participation along with principal preservation
- An effective strategy to reduce risk through CPPI with upto 100% equity exposure
Risk and return potential Low – Medium
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Fund performance Highlights
| FY 15 | FY 16 | |
|---|---|---|
| MCPP-II Returns | 0.40% | 6.50% |
| Benchmark Returns | 2.00% | 5.60% |
| MCPP-II Dividend ( Rupees per unit) | 0.05 (For the period from Dec 15, 2014 to Jun 30, 2015) |
2.70 (For the period from Jul 1, 2015 to Jun 23, 2016) |
We would like to inform that MCPP-II(plan based on existing MFPF) is maturing on March 25, 2017, after completing its 2 years of operations. We would encourage you to re-invest your current investment of MCPP-II in newly launched Meezan Strategic Allocation Plan-III (MSAP-III) to generate further attractive returns from investments in the stock market.
Please find the Consent Letter to provide us with the instruction to either re-invest in MSAP –III or convert your investment in any of our other funds. Please also find enclosed the Pakistan Stock Market Review and Outlook to facilitate you in decision making.
Consent letter MCPP-II Click Here
Stock Market Review and Outlook Click Here
Meezan Capital Preservation Plan – III
Meezan Capital Preservation Plan –III (MCPP-III), is another plan based on the existing Meezan Strategic Allocation Fund (MSAF). Based on CPPI investment strategy, MCPP-III will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a sliding market by investing in sovereign income or money market funds.
This is the third in series of Islamic capital preservation plans in Pakistan adding a new dimension to address investor’s need for capital preservation.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-III (MCPP-III) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant sovereign income or money market based collective investment schemes (CIS), while providing capital preservation upon initial maturity of the allocation plan.
The investment objective of the plan shall be achieved through the Constant Proportion Portfolio Insurance (CPPI) methodology.
Key Benefits
- Principal preservation of initial investment amount.
- Strategy reflective of investor’s risk appetite as market conditions change.
- Initial duration of 2 years from the close of subscription.
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This Product Is Suitable For Investors Who Are Seeking*:
- Attractive returns through equity participation along with principal preservation.
- An effective strategy to reduce risk through CPPI.
- Shariah complaint investment and Halal profit
Risk Profile/Risk of Principal Erosion: Plan Specific (Medium to High)
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Fund Performance Highlights
| Product | Launch Date | Maturity Date | Cumulative Return (%) |
Cumulative Benchmark Return (%) |
Annualized Return (%) |
Annualized Return (%) |
|---|---|---|---|---|---|---|
| Meezan Capital Preservation Fund – III* | 31 Jan,2014 | 28 Jan,2016 | 17.89 | 14.21 | 8.61 | 6.90 |
| Meezan Capital Preservation Fund – II* | 28 Jun,2014 | 27 Dec,2016 | 33.98 | 26.11 | 12.41 | 9.72 |
| Meezan Capital Preservation Plan – I** | 01 Sep,2014 | 27 Oct,2016 | 26.46 | 19.35 | 11.50 | 8.55 |
| Meezan Capital Preservation Plan – II** | 16 Dec,2014 | 24 Mar,2017 | 20.52 | 20.17 | 8.57 | 8.43 |
The performance data has been computed NAV to NAV with dividend reinvested and does not include the cost incurred directly by an investor in the form of sales load etc. Categorization: Allocation Plan under Meezan Strategic Allocation Fund (MSAF). *Shariah Compliant Fund of Funds Scheme **Allocation Plan under Meezan Financial Planning Fund of Funds
Al Meezan has successfully preserved your capital in these investment products, but have provided you a return higher than the benchmark in all four previous funds/plans.
Meezan Capital Preservation Plan – IV
Meezan Capital Preservation Plan –IV (MCPP-IV), is another plan based on the Meezan Strategic Allocation Fund II (MSAF-II). Based on CPPI investment strategy, MCPP-IV will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a sliding market by investing in sovereign income or money market funds.
This is the fourth in series of Islamic capital preservation plans in Pakistan adding a new dimension to address investor’s need for capital preservation.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-IV (MCPP-IV) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant sovereign income or money market based collective investment schemes (CIS), while providing capital preservation upon initial maturity of the allocation plan.
The investment objective of the plan shall be achieved through the Constant Proportion Portfolio Insurance (CPPI) methodology.
Key Benefits
- Principal preservation of initial investment amount.
- Strategy reflective of investor’s risk appetite as market conditions change.
- Initial duration of 2.5 years from the close of subscription.
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This Product Is Suitable For Investors Who Are Seeking*:
- Attractive returns through equity participation along with principal preservation.
- An effective strategy to reduce risk through CPPI.
- Shariah complaint investment and Halal profit
Risk Profile/Risk of Principal Erosion: Plan Specific (Medium to High)
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Previous Fund/Plan Performance Highlights
| Product | Launch Date | Maturity Date | Cumulative Return (%) |
Cumulative Benchmark Return (%) |
Annualized Return (%) |
Benchmark Annualized Return (%) |
|---|---|---|---|---|---|---|
| Meezan Capital Preservation Fund – III* | 31 Jan,2014 | 28 Jan,2016 | 17.89 | 14.21 | 8.61 | 6.90 |
| Meezan Capital Preservation Fund – II* | 28 Jun,2014 | 27 Dec,2016 | 33.98 | 26.11 | 12.41 | 9.72 |
| Meezan Capital Preservation Plan – I** | 01 Sep,2014 | 27 Oct,2016 | 26.46 | 19.35 | 11.50 | 8.55 |
| Meezan Capital Preservation Plan – II** | 16 Dec,2014 | 24 Mar,2017 | 20.52 | 20.17 | 8.57 | 8.43 |
The performance data has been computed NAV to NAV with dividend reinvested and does not include the cost incurred directly by an investor in the form of sales load etc. Categorization: Allocation Plan under Meezan Strategic Allocation Fund II (MSAF-II). *Shariah Compliant Fund of Funds Scheme **Allocation Plan under Meezan Financial Planning Fund of Funds
Al Meezan has successfully preserved your capital in these investment products, but have provided you a return higher than the benchmark in all four previous funds/plans.
Meezan Capital Preservation Plan – V
Meezan Capital Preservation Plan –V (MCPP-V), is another plan based on the Meezan Strategic Allocation Fund II (MSAF-II). Based on CPPI investment strategy, MCPP-V will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a sliding market by investing in sovereign income or money market funds.
This is the fifth in series of Islamic capital preservation plans in Pakistan adding a new dimension to address investor’s need for capital preservation.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-V (MCPP-V) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant sovereign income or money market based collective investment schemes (CIS), while providing capital preservation upon initial maturity of the allocation plan.
The investment objective of the plan shall be achieved through the Constant Proportion Portfolio Insurance (CPPI) methodology.
Key Benefits
- Principal preservation of initial investment amount.
- Strategy reflective of investor’s risk appetite as market conditions change.
- Initial duration of 2.5 years from the close of subscription.
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This Product Is Suitable For Investors Who Are Seeking*:
- Attractive returns through equity participation along with principal preservation.
- An effective strategy to reduce risk through CPPI.
- Shariah complaint investment and Halal profit
Risk Profile/Risk of Principal Erosion: Plan Specific (Medium to High)
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Previous Fund/Plan Performance Highlights
| Product | Launch Date | Maturity Date | Cumulative Return (%) |
Cumulative Benchmark Return (%) |
Annualized Return (%) |
Benchmark Annualized Return (%) |
|---|---|---|---|---|---|---|
| Meezan Capital Preservation Fund – III* | 31 Jan,2014 | 28 Jan,2016 | 17.89 | 14.21 | 8.61 | 6.90 |
| Meezan Capital Preservation Fund – II* | 28 Jun,2014 | 27 Dec,2016 | 33.98 | 26.11 | 12.41 | 9.72 |
| Meezan Capital Preservation Plan – I** | 01 Sep,2014 | 27 Oct,2016 | 26.46 | 19.35 | 11.50 | 8.55 |
| Meezan Capital Preservation Plan – II** | 16 Dec,2014 | 24 Mar,2017 | 20.52 | 20.17 | 8.57 | 8.43 |
The performance data has been computed NAV to NAV with dividend reinvested and does not include the cost incurred directly by an investor in the form of sales load etc. Categorization: Allocation Plan under Meezan Strategic Allocation Fund II (MSAF-II). *Shariah Compliant Fund of Funds Scheme **Allocation Plan under Meezan Financial Planning Fund of Funds
Al Meezan has successfully preserved your capital in these investment products, but have provided you a return higher than the benchmark in all four previous funds/plans.
Meezan Capital Preservation Plan – VI
Meezan Capital Preservation Plan –VI (MCPP-VI), is another plan based on the Meezan Strategic Allocation Fund II (MSAF-II). Based on CPPI investment strategy, MCPP-VI will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a sliding market by investing in sovereign income or money market funds.
This is the sixth in series of Islamic capital preservation plans in Pakistan adding a new dimension to address investor’s need for capital preservation.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-VI (MCPP-VI) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant sovereign income or money market based collective investment schemes (CIS), while providing capital preservation upon initial maturity of the allocation plan.
The investment objective of the plan shall be achieved through the Constant Proportion Portfolio Insurance (CPPI) methodology.
Key Benefits
- Principal preservation of initial investment amount.
- Strategy reflective of investor’s risk appetite as market conditions change.
- Initial duration of 2.5 years from the close of subscription.
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This Product Is Suitable For Investors Who Are Seeking*:
- Attractive returns through equity participation along with principal preservation.
- An effective strategy to reduce risk through CPPI.
- Shariah complaint investment and Halal profit
Risk Profile/Risk of Principal Erosion: Plan Specific (Medium to High)
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Our Past Track Record In Capital Preservation Funds/Plans That Have Matured Are As Follows:
| Product | Launch Date | Maturity Date | Cumulative Return (%) |
Cumulative Benchmark Return (%) |
Annualized Return (%) |
Benchmark Annualized Return (%) |
|---|---|---|---|---|---|---|
| Meezan Capital Preservation Fund – III* | 31 Jan,2014 | 28 Jan,2016 | 17.89 | 14.21 | 8.61 | 6.90 |
| Meezan Capital Preservation Fund – II* | 28 Jun,2014 | 27 Dec,2016 | 33.98 | 26.11 | 12.41 | 9.72 |
| Meezan Capital Preservation Plan – I** | 01 Sep,2014 | 27 Oct,2016 | 26.46 | 19.35 | 11.50 | 8.55 |
| Meezan Capital Preservation Plan – II** | 16 Dec,2014 | 24 Mar,2017 | 20.52 | 20.17 | 8.57 | 8.43 |
The performance data has been computed NAV to NAV with dividend reinvested and does not include the cost incurred directly by an investor in the form of sales load etc. Categorization: Allocation Plan under Meezan Strategic Allocation Fund II (MSAF-II). *Shariah Compliant Fund of Funds Scheme **Allocation Plan under Meezan Financial Planning Fund of Funds
Al Meezan has successfully preserved your capital in these investment products, but have provided you a return higher than the benchmark in all four previous funds/plans.
Meezan Capital Preservation Plan – VII
Meezan Capital Preservation Plan –VII (MCPP-VII), is another plan based on the Meezan Strategic Allocation Fund II (MSAF-II). Based on CPPI investment strategy, MCPP-VII will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a sliding market by investing in sovereign income or money market funds.
This is the seventh in series of Islamic capital preservation plans in Pakistan adding a new dimension to address investor’s need for capital preservation.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-VII (MCPP-VII) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant sovereign income or money market based collective investment schemes (CIS), while providing capital preservation upon initial maturity of the allocation plan.
The investment objective of the plan shall be achieved through the Constant Proportion Portfolio Insurance (CPPI) methodology.
Key Benefits
- Principal preservation of initial investment amount.
- Strategy reflective of investor’s risk appetite as market conditions change.
- Initial duration of 2.5 years from the close of subscription.
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This Product Is Suitable For Investors Who Are Seeking*:
- Attractive returns through equity participation along with principal preservation.
- An effective strategy to reduce risk through CPPI.
- Shariah complaint investment and Halal profit
Risk Profile/Risk of Principal Erosion: Plan Specific (Medium to High)
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Our Past Track Record In Capital Preservation Funds/Plans That Have Matured Are As Follows:
| Product | Launch Date | Maturity Date | Cumulative Return (%) | Cumulative Benchmark Return (%) | Annualized Return (%) | Benchmark Annualized Return (%) |
|---|---|---|---|---|---|---|
| Meezan Capital Preservation Fund – III* | 31 Jan, 2014 | 28 Jan, 2016 | 17.89 | 14.21 | 8.61 | 6.90 |
| Meezan Capital Preservation Fund – II* | 28 Jun, 2014 | 27 Dec, 2016 | 33.98 | 26.11 | 12.41 | 9.72 |
| Meezan Capital Preservation Plan – I** | 01 Sep, 2014 | 27 Oct, 2016 | 26.46 | 19.35 | 11.50 | 8.55 |
| Meezan Capital Preservation Plan – II** | 16 Dec, 2014 | 24 Mar, 2017 | 20.52 | 20.17 | 8.57 | 8.43 |
The performance data has been computed NAV to NAV with dividend reinvested and does not include the cost incurred directly by an investor in the form of sales load etc. Categorization: Allocation Plan under Meezan Strategic Allocation Fund II (MSAF-II). *Shariah Compliant Fund of Funds Scheme **Allocation Plan under Meezan Financial Planning Fund of Funds
Al Meezan has successfully preserved your capital in these investment products, but have provided you a return higher than the benchmark in all four previous funds/plans.
Meezan Capital Preservation Plan – VIII
Meezan Capital Preservation Plan –VIII (MCPP-VIII), is another plan based on the Meezan Strategic Allocation Fund II (MSAF-II). Based on CPPI investment strategy, MCPP-VIII will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a sliding market by investing in sovereign income or money market funds.
This is the eighth in series of Islamic capital preservation plans in Pakistan adding a new dimension to address investor’s need for capital preservation.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-VIII (MCPP-VIII) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant sovereign income or money market based collective investment schemes (CIS), while providing capital preservation upon initial maturity of the allocation plan.
The investment objective of the plan shall be achieved through the Constant Proportion Portfolio Insurance (CPPI) methodology.
Key Benefits
- Principal preservation of initial investment amount.
- Strategy reflective of investor’s risk appetite as market conditions change.
- Initial duration of 2.5 years from the close of subscription.
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This Product Is Suitable For Investors Who Are Seeking*:
- Attractive returns through equity participation along with principal preservation.
- An effective strategy to reduce risk through CPPI.
- Shariah complaint investment and Halal profit
Risk Profile/Risk of Principal Erosion: Plan Specific (Medium to High)
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Our Past Track Record In Capital Preservation Funds/Plans That Have Matured Are As Follows:
| Product | Launch Date | Maturity Date | Cumulative Return (%) | Cumulative Benchmark Return (%) | Annualized Return (%) | Benchmark Annualized Return (%) |
|---|---|---|---|---|---|---|
| Meezan Capital Preservation Fund – III* | 31 Jan, 2014 | 28 Jan, 2016 | 17.89 | 14.21 | 8.61 | 6.90 |
| Meezan Capital Preservation Fund – II* | 28 Jun, 2014 | 27 Dec, 2016 | 33.98 | 26.11 | 12.41 | 9.72 |
| Meezan Capital Preservation Plan – I** | 01 Sep, 2014 | 27 Oct, 2016 | 26.46 | 19.35 | 11.50 | 8.55 |
| Meezan Capital Preservation Plan – II** | 16 Dec, 2014 | 24 Mar, 2017 | 20.52 | 20.17 | 8.57 | 8.43 |
The performance data has been computed NAV to NAV with dividend reinvested and does not include the cost incurred directly by an investor in the form of sales load etc. Categorization: Allocation Plan under Meezan Strategic Allocation Fund II (MSAF-II). *Shariah Compliant Fund of Funds Scheme **Allocation Plan under Meezan Financial Planning Fund of Funds
Al Meezan has successfully preserved your capital in these investment products, but have provided you a return higher than the benchmark in all four previous funds/plans.
Meezan Capital Preservation Plan – IX
Meezan Capital Preservation Plan – IX (MCPP-IX), is another plan based on the Meezan Strategic Allocation Fund III (MSAF-III). Based on CPPI investment strategy, MCPP-IX will enable investors to benefit from potentially high returns of a rising stock market while preserving your capital in a sliding market by investing in sovereign income or money market funds.
This is the ninth in series of Islamic capital preservation plans in Pakistan adding a new dimension to address investor’s need for capital preservation.
Investment Objective & Philosophy
The objective of Meezan Capital Preservation Plan-IX (MCPP-IX) is to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant sovereign income or money market based collective investment schemes (CIS), while providing capital preservation upon initial maturity of the allocation plan.
The investment objective of the plan shall be achieved through the Constant Proportion Portfolio Insurance (CPPI) methodology.
Key Benefits
- Principal preservation of initial investment amount.
- Strategy reflective of investor’s risk appetite as market conditions change.
- Initial duration of 2.5 years from the close of subscription.
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This Product Is Suitable For Investors Who Are Seeking*:
- Attractive returns through equity participation along with principal preservation.
- An effective strategy to reduce risk through CPPI.
- Shariah complaint investment and Halal profit
Risk Profile/Risk of Principal Erosion: Plan Specific (Medium to High)
*Investors are encouraged to consult their Investment advisors prior to investing in the product.
Our Past Track Record In Capital Preservation Funds/Plans That Have Matured Are As Follows:
| Product | Launch Date | Maturity Date | Cumulative Return (%) | Cumulative Benchmark Return (%) | Annualized Return (%) | Benchmark Annualized Return (%) |
|---|---|---|---|---|---|---|
| Meezan Capital Preservation Fund – III* | 31 Jan, 2014 | 28 Jan, 2016 | 17.89 | 14.21 | 8.61 | 6.90 |
| Meezan Capital Preservation Fund – II* | 28 Jun, 2014 | 27 Dec, 2016 | 33.98 | 26.11 | 12.41 | 9.72 |
| Meezan Capital Preservation Plan – I** | 01 Sep, 2014 | 27 Oct, 2016 | 26.46 | 19.35 | 11.50 | 8.55 |
| Meezan Capital Preservation Plan – II** | 16 Dec, 2014 | 24 Mar, 2017 | 20.52 | 20.17 | 8.57 | 8.43 |
The performance data has been computed NAV to NAV with dividend reinvested and does not include the cost incurred directly by an investor in the form of sales load etc. Categorization: Allocation Plan under Meezan Strategic Allocation Fund III (MSAF-III). *Shariah Compliant Fund of Funds Scheme **Allocation Plan under Meezan Financial Planning Fund of Funds
Capital Preseervation will not be valid if Units are redeemed before the completion of term of the plan which is 2.5 years from the close of subscription period.
Al Meezan has successfully preserved your capital in these investment products, but have provided you a return higher than the benchmark in all four previous funds/plans.
Meezan Capital Preservation Fund-III
Meezan Capital Preservation Fund-III is a Shariah Compliant open-end fund of fund scheme. It is a tool to maximize return through equity market upside potential while simultaneously protecting the principal investment through income/money market participation.
Investment Objective & Philosophy
The objective of MCPF-III is to earn potentially high rate of return utilizing internationally renowned capital protection methodology; Constant Proportion Portfolio insurance (CPPI) while preserving the initial investment amount.
CPPI Strategy is an internationally practiced dynamic asset allocation trading strategy which allocates assets between equity based and income/money market based asset classes. The strategy provides investors to enhance exposure to equities in an upward trending market (up to 100%) while preserve the initial investment amount from downside risk in a downturn market.
Key Benefits
- Meezan Capital Preservation Fund is Shariah Compliant open-end Fund of Fund scheme
- Principal preservation of initial investment amount
- Upto 100% in Exposure in Shariah Compliant Equities
- Cumulative return since inception (January 31, 2014 till September 30, 2015) is 15.60% in PKR terms
- Managed by the only Shariah compliant Asset Management Company in Pakistan with a solid track record of over 28 years, and under the supervision of a reputable shariah advisor, Dr. Imran Ashraf Usmani.
This product is suitable for investors who are seeking*:
- Attractive returns through equity participation along with principal preservation
- An effective strategy to reduce risk through CPPI with upto 100% equity exposure
- Low to Moderate risk and return potential (Blue)
*Investors are encouraged to consult their financial advisers prior to investing in the product.
Note: Risk is represented as:
LowMediumHigh
Key Features
| Scheme Name | Meezan Capital Preservation Fund III |
|---|---|
| Scheme Type | Open-end Islamic Fund of Funds Scheme |
| Date of Inception | January 31, 2014 |
| Fund Size – Sep 30, 2015 | Rs. 3,270 million |
| Objective of the scheme | The Fund seeks to earn a potentially high return through dynamic asset allocation between Shariah Compliant Equities and Shariah Compliant Income/Money Market based Collective Investment Schemes, while providing capital Preservation of the principal investment at completion of the duration of Fund. |
| Benchmark | Combination of KMI-30 Index and Average return on 6-month Islamic bank deposit |
| Minimum Investment Amount | Rs.5000 (and Rs. 1,000 thereafter) |
| Lock-in Period | None |
| Management Fee | 1% (No Management Fees from investment in Al Meezan Funds as per law) |
| Entry Load | 3% |
| Exit Load | 5% upon redemption prior to maturity |
| Duration | 2 years |
Fund performance Highlights
| FY15 | FY14 | |
|---|---|---|
| MCPF-III Returns | 12.10% | 5.6%* |
| Benchmark Returns | 12.0% | 5.0% |
| MCPF-III Dividend (Rupees per unit) | – | Rs. 0.53* |
*Performance start date of Jan 31, 2014
Note: For details on Tax Credit, please Click Here