Meezan Pakistan ETFMeezan Pakistan ETFMeezan Pakistan ETF

Meezan Pakistan ETF

No trades
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Key stats


Assets under management (AUM)
Fund flows (1Y)
Dividend yield (indicated)
12.99%
Discount/Premium to NAV
Shares outstanding
Expense ratio

About Meezan Pakistan ETF


Brand
Al Meezan
Inception date
Oct 6, 2020
Structure
Open-Ended Fund
Index tracked
Meezan Pakistan Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Al Meezan Investment Management Ltd.
ISIN
PK0087306053
The Fund shall invest in a particular basket of shariah compliant securities with a view to track the performance of a representative shariah compliant securities index.

Broaden your horizons with more funds linked to MZNPETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Geography
Pakistan
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Process Industries
Utilities
Finance
Stock breakdown by region
100%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MZNPETF invests in stocks. See more details in our Analysis section.
No, MZNPETF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, MZNPETF pays dividends to its holders with the dividend yield of 12.99%.
MZNPETF shares are issued by Meezan Bank Ltd.
MZNPETF follows the Meezan Pakistan Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 6, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.