Capital preservation funds are schemes which aim to preserve your principal while offering potentially high returns, through dynamic allocation. The dynamic asset allocation is aimed at providing higher returns through participation in Equities, while aiming to protect downside risk of capital through participation in Income/Money Market instruments.
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.
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.
Risk Profile/Risk of Principal Erosion: Plan Specific (Medium to High)
Lets be consistent on all the pages and kindly remove the full stops after each bullet ends.
| 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.
