Facilitating investment: MCBAH launches Sarmaya Mehfooz Fund
Capital protection of initial Investment is applicable only if investment is held till maturity of the scheme
KARACHI:
MCB-Arif Habib Savings and Investments Limited launched a capital protected scheme called Pakistan Sarmaya Mehfooz Fund (PAKSMF). With this scheme, people can invest more safely in the stock market. PAKSMF invests in stocks with a maximum ceiling of 50%, and rest is invested in Pakistan Investment Bonds (PIBs) and bank deposits. The MCBAH has developed an in-house quantitative model for capital protection rather than completely relying on Constant Proportion Portfolio Insurance (CPPI) to dynamically manage fund investments over the two-year term of the scheme. Capital protection of initial Investment is applicable only if investment is held till maturity of the scheme.
Published in The Express Tribune, December 10th, 2014.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
1732355030-0/BeFunk_§_]__-(41)1732355030-0.jpg "pti arming youth force activists and afghan nationals punjab information minister alleges")
1732340798-0/BeFunk_§_]__-(35)1732340798-0.jpg "bushra bibi did not name saudi arabia in remarks about medina visit pti s raoof hasan")
1728020241-0/Express-Tribune-Web-(12)1728020241-0-270x192.webp "pti will break through any barriers to reach d chowk pti secretary information")
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ