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Asset Management

Al-Meezan the advisory arm of Meezan Bank

Al Meezan Investment Management Limited- A subsidiary of Meezan Bank Limited


Al Meezan Investment Management Limited (Al Meezan) is the subsidiary of Meezan Bank Limited. Core area of Al Meezan’s business is investment management with proven expertise in:

 

  • Developing, floating and managing Islamic (Shariah compliant) Mutual Funds
  • Structuring and managing Discretionary and Non-Discretionary Portfolios
  • Providing Investment Advisory Services

 

Al Meezan is the largest fund manager in private sector in Pakistan and the Only Shariah compliant Asset Management Company in Pakistan. Al Meezan has successfully completed 20 years of its existence in 2015. This is one of the longest track records in private sector in the area of investment management in Pakistan and has emerged as one of Pakistan’s leading investment solutions provider in a Shariah compliant manner. Al Meezan has recorded phenomenal growth over the last five years with its Assets under management (AUMs) growing from PKR 17.8 billion in January 2010 to about PKR 66.4 billion on June 30, 2015 reflecting an impressive 273% growth in AUMs in the last five years.

 

Al Meezan also boasts to have the largest penetration among retail investors in the country with total investor base of over 33,000 investors. Not only that, it is perhaps one of the few institutions in the country which has helped investors achieve their investment objectives in a truly Shariah Compliant manner. The investment solutions offer a range of options, including diversified equity schemes, monthly income funds, a wide range of income and money market products, capital preservation fund series and voluntary pension scheme. Al Meezan is also the manager of Pakistan’s Largest Equity Fund -Meezan Islamic Fund and the Largest Pension Fund - Meezan Tahaffuz Pension Fund in Private sector, currently with assets under management of Rs 27 Billion and about Rs. 4.5 Billion as on June 30, 2015 respectively.

 

Al Meezan has recently launched Meezan Asset Allocation Plan-I , an allocation plan under Meezan Financial Planning Fund of Funds (MFPF) which uses dynamic asset allocation strategy for providing competitive returns on your investment. Meezan Asset Allocation Plan –I (MAAP-I) is a unique plan for investors who wish to benefit from the equity market and want an actively managed investment portfolio.

 

Al Meezan is presently managing eleven funds and administrative plans. The fund wise break up of net assets as on June 30, 2015 is as under:

 

  Fund Net Assets (Rs. Mn.) FY15TD Returns% FY14 Returns% FY13 Returns%
Equity Funds        
Meezan Islamic Fund (MIF) 27,403 21.65 29.15 50.7
Al Meezan Mutual Fund (AMMF) 4,007 22.02 29.86 50.6
KSE Meezan Index Fund( KMIF) 1,159 17.06 26.5 49.6
Balanced Funds        
Meezan Balanced Fund (MBF) 3,383 15.87 19.64 31.8
Fixed Income/ Money Market Funds        
Meezan Sovereign Fund (MSF) 8,820 6.81 8.5 9.11
Meezan Cash Fund (MCF) 7,454 7.46 7.08 8.78
Meezan Islamic Income Fund (MIIF) 4,263 8.15 11.9 14.45
Fund of Funds        
MFPF- Aggressive Allocation Plan 356 16.46 22.1 9.00***
MFPF- Moderate Allocation Plan 320 13.56 17.3 6.50***
MFPF- Conservative Allocation Plan 237 10.06 12.6 3.80***
MFPF - MCPP-I 1,590 7.82 - -
MFPF - MCPP-II 3,082 0.45 - -
Meezan Capital Preservation Fund (MCPRF-II)** 2,236 10.32 - -
Meezan Capital Preservation Fund-III* 3,380 12.09 5.6 -
Voluntary Pension Schemes        
Meezan Tahaffuz Pension Fund-(Equity Sub Fund) 2,712 26.57 32.4 54.9
Meezan Tahaffuz Pension Fund-(Debt Sub Fund) 1,399 6.43 7.7 8.3
Meezan Tahaffuz Pension Fund-(M. Mkt Sub Fund) 338 6.87 6.9 7.8

 

* MCPF-performance start date of Jan 31, 2014, ** MCPrF-II-performance start date of Jun 28, 2014, *** MFPF performance start date of Apr 11, 2013

 

The Shariah Advisor of Meezan Bank Limited, also the Shariah Advisor of Al Meezan, supervises the operations to ensure Shariah compliance of the funds. In addition to the service quality, Shariah compliance and impressive performance in terms of returns to investors, Al Meezan also complies with the global best practices in asset management and has voluntarily adopted “Asset Manager Code of Professional Conduct” from CFA Institute, USA. Hence it has the distinction of being the first asset management company in Pakistan to comply with the global best practices in asset management. Al Meezan is also compliant with the Global Investment Performance Standards (GIPS®) GIPS

 

Units of all open end funds are available at the offices of Al Meezan in Karachi, Lahore, Islamabad, Peshawar and Faisalabad and also through all branches of Meezan Bank Limited (MBL) across Pakistan, Online Transactions-Member Services Area or through MBL’s Internet Banking facility.

 

For further details please visit http://www.almeezangroup.com/ call us at 0800-HALAL (42525) or SMS “invest” at 6655.

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