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Meezan Energy Fund (MFNZRGY.IF)

NAV 41.677PKR 0.126-0.300%
Also known as: Meezan Energy Fund|Shariah Compliant|As of 17 Jan 2020

Fund Facts

StatusActive
Asset Type Equity
Geographic FocusPakistan
DomicilePakistan
StructurePK- Open-ended Fund
Inception DateNovember 2016
CurrencyPKR
Fund Size608,113,000 PKR
NAV FrequencyPricing Daily, Mon-Fri
Administrator Al Meezan Investment Management Limited
Sponsor Al Meezan Investment Management
Fund Manager Al Meezan Investment Management Limited
Investment Advisor Al Meezan Investment Management Limited

Fund Returns

1 Month4.378%
3 Months35.745%
YTD*.645%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta0.755
Alpha-1.614
Sharpe Ratio-0.092
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

Meezan Energy Fund (MEF) is an open end Shariah Compliant sector (equity) scheme which primarily invests in Shariah compliant equity securities of the energy sector / segment / Industry as defined in the offering document. In case the fund manager expects the stock market to drop, based on his analysis of macroeconomic factors such as interest rates, economic growth rates, political climate, corporate earnings, stock market valuations, etc, portfolio may be temporarily allocated to other allowable asset classes, subject to the prescribed limits.

Fund Performance

NAV (SAR)
41.677
Change
0.126 (-0.300%)
Previous Close
41.552
12 Months High
43.720
12 Months Low
26.012

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