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Balanced Funds

Meezan Balanced Fund

Investment Objective

Meezan Balanced Fund’s objective is to generate long term capital appreciation as well as current income by creating a balanced portfolio that is invested both in high quality Equity Securities and Islamic Income Instruments such as TFCs, COIs, Certificates of Musharika, Islamic Sukuk, Ready-future hedges, and other Shariah Compliant instruments.

Investment Strategy

The Fund will exclusively invest in Islamic instruments approved by the Shariah Advisor, such as Islamic Sukuk (bonds), certificates of Islamic investments, and similar instruments/ avenues. The Fund will also make substantial use of the hedging mechanism between the ready market and the futures market for the investors in a completely Shariah Compliant manner.

Benefits at a Glance

  • Professional Management of your savings by experienced fund managers with a proven track record
  • Under the supervision of a reputable Shariah Advisor; Dr. Muhammad Imran Ashraf Usmani

Choose this Fund If You Are Seeking

  • Balanced investment strategy, both in equities and debt markets while avoiding the volatility of pure equity investments
  • Portfolio diversification through just one fund without having to invest in multiple funds
  • A balanced strategy to meet financial goals within short- medium term with medium risk

Fund Facts

Fund Type

Open End

Fund Category

Balanced

Launch Date

20th Dec, 2004

Fund Size

2.54 Bn

as on September 30th, 2024

Benchmark

Weighted average return of KMI-30 Index and 6 months average deposit rates of three (3) A rated Scheduled Islamic Banks or Islamic windows of Conventional Banks as selected by MUFAP, based on the actual proportion of investment in Equity and Income asset classes made by the Fund

Risk Profile

Medium

Asset Manager Rating

AM1​

by VIS & PACRA

Management Fee

Up to 2%

Actual Rate of Management Fee

2%

Front End Load

2%

Back End Load

Nil

Trustee

CDC

Central Depository Company

Listing

PSX

Pakistan Stock Exchange

Fund Manager

Asif Imtiaz

CFA
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Fund Performance

FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17 FY16 FY15
MBF 43.38% 4.87% -3.61% 18.13% 8.14% -12.80% -9.00% 14.90% 12.10% 15.90%
Benchmark 38.19% 4.55% -3.11% 19.45% 5.80% -12.10% -4.20% 12.00% 9.50% 12.60%