Al Meezan, Pakistan’s largest private sector asset management company is the pioneer of yet another innovative value added service- Meezan Easy Cash. This facility is aimed at providing investors the ease to encash their investments within 30 Minutes by submitting the form at any Al Meezan or Meezan Bank branch across Pakistan. It is a breakthrough in mutual funds industry to provide the investors with an opportunity to encash their investment in just 30 minutes.
“Al Meezan believes in strengthening relationships and is committed to providing innovative services for its valued investors. Meezan Easy Cash furthers our commitment to high quality investment services” said Mohammad Shoaib, CFA- Chief Executive Al Meezan Investments. “We are hopeful that this step forward in fulfilling the liquidity needs of our investors will add convenience and ease to the entire investment experience.” he added.
Through Meezan Easy Cash, the investor can encash upto Rs. 100,000/- or 80% of the investment portfolio (whichever is lower) per fund. The facility is applicable for all Collective Investment Schemes managed by Al Meezan and the proceeds are transferable to all 1 Link member banks.
Currently, Al Meezan Investments is the largest private sector asset management company in Pakistan with total assets under management over Rs. 67.57 billion (as on February 29, 2016). We are also proud of having one of the largest investor base in the country. The company has twelve funds under its management with the latest addition of Meezan Asset Allocation Plan-III launched in January 2016. Alongside, we are also the managers of Pakistan’s Largest Equity Fund-Meezan Islamic Fund and Pension Fund- Meezan Tahaffuz Pension Fund in the private sector, with assets under management of Rs. 26.5 billon and Rs. 5 billion respectively (as on February 29, 2016).
Al Meezan has been assigned a Management Quality Rating of “AM2+” by JCR-VIS, which denotes high management quality rating. For more details call us at 0800- HALAL (42525) or visit www.almeezangroup.com.