MCB-Arif Habib Smart Trader Account is a convenient means of taking a trading position in the MCB-PSM. The investors shall be able to move in and out of the position at a very low transaction cost. Surplus funds may be kept in the PIF or a non-earning account.
The investor need not worry about settlement arrangements, custodian arrangements, or collection of dividends, bonus shares, rights entitlements etc. There is a minimal load to facilitate low transaction costs. An account could be started with as little as Rs. 100,000. Individual transactions may be done with minimum of Rs. 10,000.
All investments in mutual funds and securities are subject to market risk. The NAV based prices of Units and any dividends and returns thereon are dependent on forces and factors affecting the capital markets. These may go up or down based on market conditions. Past performance is not necessarily indicative of future results. Please read sections 4.10 to 4.15 of the Offering Documents for understanding the investment policies and the risk involved.