MCB Cash Management Optimizer
To provide unit-holders competitive returns from a low risk portfolio of short duration assets while maintaining high liquidity.
MCB CMOP is purely a money market fund which shall make investments in money market instruments with a maximum maturity of 180 days and weighted average maturity up to 90 days. Based on market conditions the Management Company will invest a major portion in highly liquid and low risk instruments. The remaining fund will be invested in short term deposits and assets to generate better returns. The main areas of investment would be Treasury Bills, Cash and Near-Cash Instruments, Money market placements, Certificate of Deposits (COD’s), Certificate of Musharika (COM’s), Term Deposits (TDR’s), Commercial Papers etc.
|Launch Date||01st October 2009|
|Fund Type||An Open End Scheme|
|Minimum Investment||500 /-|
|Fund Manager||Saad Ahmed|
|Asset Manager Rating||AM2++ (AM Two Double Plus) by PACRA (08-Jun-16)|
|Listing||Pakistan Stock Exchange|
|Trustee||Central Depository Company of Pakistan Limited|
|Auditor||Deloitte Yousuf Adil & Co. Chartered Accountants|
|Benchmark||70% three (3) months PKRV rates plus 30% three (3) months average deposit rates of three (3) AA rated scheduled Banks as selected by MUFAP.|
5 years performance
|Year||Fund (%)||Benchmark (%)|