Al Meezan - Karachi Stock Exchange · Al Meezan Investment Management Ltd Al Meezan/MDEF/2019/0738...

Syedaw3is Wasti CFO & Company Secretary

Al Meezan Investment Management Ltd

Al Meezan/ 0750

Form - 7 February 14, 2019

The General Manager Pakistan Stock Exchange Limited Stock Exchange Building Stock Exchange Road Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF MEEZAN ISLAMIC FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan Islamic Fund (the

Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.

The unaudited financial results of the Fund for the half year and quarter ended December 31, 2018 are as follows:

Six months period ended

Quarter ended

December 31, December 31,

2018 2017

in

2018

'000)---

2017

(Rupees

(469,131) (932,107) (379,930) (805,208) 941,093 1,258,805 528,307 836,714

92 890 95 704 54 132 35,696 564,852 422,402 202,509 67,202

(4,793,465) (8,308,558) (3,526,258) (2,617,569)

(4,228,613) (7,886,156) (3,323,749) (2,550,367)

373,735 469,838 179,727 215,789 48,586 61,079 23,365 28,053

19,191 23,996 9,239 11,042 2,495 3,119 1,201 1,435

17,752 22,317 8,537 10,250 480 422 263 178

13,495 16,704 8,166 14,526 2,091 3,440 1,024 1,516

- 18 - 18 8,658 13,714 5,305 6,535 1,545 2,150 831 942

503 500 251 251 18,687 23,492 8,987 10,790 74,747 93,968 35,945 43,158

581,965 734,757 282,841 344,483

(4,810,578) (8,620,913) (3,606,590) (2,894,850)

14.810.578). (8.620.913) 13.606390) 12.894.850)

Income Net realised loss on sale of investments Dividend income Profit on saving accounts with banks

Net unrealised diminution on re-measurement of investments classified as 'financial assets at fair value through profit or loss'

Total loss

Expenses Remuneration to Al Meezan Investment Management Limited

- Management Company Sindh Sales Tax on management fee Remuneration to Central Depository Company of Pakistan Limited

- Trustee Sindh Sales Tax on trustee fee Annual fee to Securities and Exchange Commission of Pakistan Auditors' remuneration Charity expense Fees and subscription Legal and professional charges Brokerage expense Bank and settlement charges Printing charges Allocated expenses Selling and marketing expense Total expenses

Net loss for the period before taxation

Taxation

Net loss for the period after taxation

You may please inform the TRECertificate Holders of the exchange accordingly.

The Report of the Fund for the half year ended December 31, 2018 will be transmitted through PUCARS separately, within the specified time.

Yours faithfully,

Ground Floor, Block 13', Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. UAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808

Email: [email protected] Web Site: www.almeezangroup.com

c The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF AL MEEZAN MUTUAL FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management

Company of Al Meezan Mutual Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered

office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.


Income

Six months period ended Quarter ended December 31, December 31,

2018 2017 2018 2017 (Rupees in '000) (Rupees in '000)

Net realised loss on sale of investments (84,949) (118,197) (69,994) (123,838) Dividend income 178,016 218,556 102,149 151,854 Profit on saving accounts with banks 15,452 12,224 8,305 4,529

108,519 112,583 40,460 32,545 Net unrealised diminution on

re-measurement of investments classified as

'financial assets at fair value through profit or loss' (895,753) (1,231,369) (661,197) (408,671) Total loss (787,234) (1,118,786) (620,737) (376,126)

Expenses

Remuneration to Al Meezan Investment Management

Limited - Management Company 68,169 79,790 33,345 37,077 Sindh Sales Tax on management fee 8,862 10,373 4,302 4,820 Allocated expenses 3,408 3,990 1,667 1,854 Remuneration to Central Depository Company of Pakistan

Limited - Trustee 3,913 4,494 1,920 2,106 Sindh Sales Tax on trustee fee 509 584 250 274 Annual fee to Securities and Exchange Commission of

Pakistan 3,238 3,790 1,584 1,761 Auditors' remuneration 472 482 198 203 Charity expense 2,581 2,764 1,541 2,448 Fees and subscription 435 515 215 220 Brokerage expense 1,984 1,939 1,326 935 Printing expense 110 110 Selling and marketing expenses 13,634 15,959 6,669 7,416 Bank and settlement charges 383 844 177 571 Total expenses 107,588 125,634 53,194 59,795

Net loss for the period before taxation (894,822) (1,244,420) (673,931) (435,921)

Taxation

Net loss for the period after taxation (894,822) (1,244,420) (673,931) (435,921)

You may please inform the THE Certificate Holders of the exchange accordingly.


Yours faithfully,

Syed Owais Wasti

CFO & Company Secretary




Al Meezan/AMMF/2019/0741 Form - 7 February 14, 2019

Al Meezan/

February 14, 2019

The General Manager Pakistan Stock Exchange Limited Stock Exchange Building Stock Exchange Road

Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF KSE MEEZAN INDEX FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31. 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of KSE Meezan Index Fund (the

Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.



Quarter ended


Yours faithfully,

•

2018

---

2017 2018 2017

in '000)- —(Rupees

(39,482) (60,038) (34,890) (49,441) 50,376 54,607 26,026 40,040

145 186 59 33 695 481 485 175

11,734 (4,764) (8,320) (9,193)

(256,065) (240,759) (191,303) (62,010)

(244,331) (245,523) (199,623) (71,203)

8,343 8,676 4,108 4,088 1,085 1,128 534 532

834 868 411 409

1,337 1,369 663 660 174 178 86 86 793 824 391 388 258 246 138 108 919 502 710 264 798 797 491 729 323 452 190 190 284 349 142 160 20 20 10 10

15,168 15,409 7,874 7,624

(259,499) (260,932) (207,497) (78,827)

1259.499) (260.9321 (207.497) f780271

Income Net realised loss on sale of investments Dividend income Profit on saving accounts with banks Other income

Net unrealised diminution on re-measurement of investments at 'fair value through profit or loss'

Total loss


- Management Company Sindh Sales Tax on management fee Allocated expenses Remuneration to Central Depository Company of Pakistan Limited

- Trustee Sindh Sales Tax on trustee fee Annual fee to Securities and Exchange Commission of Pakistan Auditors' remuneration Brokerage expense Charity expense Bank and settlement charges Fees and subscription Printing charges Total expenses


Taxation




Syed Owais Wasti CFO & Company Secretary




Form - 7


Al Meezan/MEF/2019/0751

Form — 7

February 14, 2019

The General Manager



Stock Exchange Road

Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF MEEZAN ENERGY FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan Energy Fund (the

Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended

December 31, 2018.



Quarter ended


2018 2017 2018

------------(Rupees in '000)-------- --------

2017

1,964 1,657 625 971

15,791 44,702 9,795 41,145

(56,092) (42 153) (47,636) (43,706)

(38,337) 4,206 (37,216) (1,590)

(188,359) (82,970) (134,297) (53,855)

(226,696) (78,764) (171,513) (55,445)

12,522 14,600 5,326 8,028 1,628 1,898 692 1,044

1,121 1,233 509 652

146 160 66 85

595 694 253 382

183 207 102 89

343 815 257 801

286 287 144 142

- 8 - - 666 1,748 282 639

59 178 33 72

15 34 7 34 2,504 2,920 1,065 1,606

100 101 50 51

626 730 266 401

20,794 25,613 9,052 14,026

(247,490) (104,377) (180,565) (69,471)

1247,490) 1104,377) (180,565) 169.471)

Income

Profit on saving accounts with banks

Dividend income

Net realised loss on sale of investments

Net unrealised diminution on re-measurement

of investments - 'at fair value through profit or loss'

Total loss

Expenses

Remuneration to Al Meezan Investment Management Limited

- Management Company

Sindh Sales Tax on management fee

Remuneration to Central Depository Company of Pakistan Limited

- Trustee

Sindh Sales Tax on trustee fee

Annual fee to Securities and Exchange Commission of Pakistan

Auditors' remuneration

Charity expense

Fees and subscription

Legal and professional charges

Brokerage expense

Bank and settlement charges Printing charges

Selling and marketing expense

Amortisation of preliminary expenses and floatation costs

Allocated expenses

Total expenses


Taxation




Yours faithfully,





Al Meezan/MDEF/2019/0738 Form-7

February 14, 2019

The General Manager



Stock Exchange Road

Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF MEEZAN DEDICATED EQUITY FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018

We are pleased to inform you that the Board of Directors of AI Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan Dedicated Equity Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 9:30 a.m. at the registered office, has approved the financial results of the Fund for the half

year and quarter ended December 31, 2018.


Six months

period ended

December 31,

2018

For the period Quarter ended and quarter from

December 31, October 9 to 2018 December 31,

Income

2017 - (Rupees in '000)

Net realised loss on sale of investments (56,292) (49,800) (6,419) Dividend income 42,052 23,731 9,166 Profit on saving accounts with banks 1,785 1,188 1,675

(12,455) (24,881) 4,422

Net unrealised diminution on re-measurement of investments

'at fair value through profit or loss' (254,016) (179,695) (5,600) Total loss (266,471) (204,576) (1,178)

Expenses

Remuneration to Al Meezan Investment Management Limited

- Management Company 19,904 10,273 3,882 Sindh Sales Tax on management fee 2,587 1,335 505 Remuneration to Central Depository Company of Pakistan

Limited - Trustee 1,499 765 376 Sindh Sales Tax on trustee fee 195 100 49 Annual fee to Securities and Exchange Commission of Pakistan 945 488 184 Auditors' remuneration 153 83 112 Fees and subscription 281 140 288 Brokerage 1,539 1,141 1,429 Bank and settlement charges 163 55 344 Allocated expenses 995 513 194 Selling and Marketing Expenses 3,981 2,055 776 Charity Expense 651 417 77 Printing Expense 20 10 10 Total expenses 32,913 17,375 8,226

Net loss for the period before taxation (299,384) (221,951) (9,404)

Taxation

Net loss for the period after taxation (299,384) (221,951) (9,404)

You may please inform the THE Certificate Holders of the Exchange accordingly.


urs faithf II ,

Syed Owais Wasti




Al Meezan February 14, 2019

9/0746

The General Manager Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF MEEZAN BALANCED FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan Balanced Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended

December 31, 2018.



Quarter ended



Form - 7

2018 2017 2018

in '000

2017

(Rupees

(41,185) (72,497) (34,666) (65,321) 116,227 148,789 66,403 102,969

- 27,306 - 13,079 88,898 51,466 47,791 27,402 39,506 42,228 20,477 18,241 1,037 - 750 -

204,483 197,292 100,755 96,370

(593,902) (998,185) (417,597) (359,513)

(389,419) (800,893) (316,842) (263,143)

74,961 87,638 36,208 41,736 9,745 11,393 4,707 5,426 3,748 4,382 1,810 2,087 9,365 - 1,615 -

4,252 4,886 2,062 2,339 553 635 269 304

3,186 3,725 1,539 1,774 339 326 175 149

1,705 1,976 1,064 1,768 451 299 212 136 - 27 - 27

1,210 995 937 437 310 589 122 229

27 216 - 200 109,852 117,087 50,720 56,612

(499,271) (917,980) (367,562) (319,755)

1499.271) (917 980) 1367.5621 1319.755)

Income Net realised loss on sale of investments Dividend income Profit on term deposit receipts Profit on sukuk certificates Profit on saving accounts with banks Other income

Net unrealised diminution on re-measurement of investments classified as 'financial assets at fair value through profit or loss'

Total loss


- Management Company Sindh Sales Tax on management fee Allocated expenses Selling and marketing expenses Remuneration to Central Depository Company of Pakistan Limited

-Trustee Sindh Sales Tax on trustee fee Annual fee to Securities and Exchange Commission of Pakistan Auditors' remuneration Charity expense Fees and subscription Legal and professional charges Brokerage expense Bank and settlement charges Printing charges Total expenses


Taxation




Yours faithfully,

Sye. Owais Wasti CFO & Company Secretary

Ground Floor, Block `13', Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. UAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808



Al Meezan/MAAF/2019/0737

Form-7 February 14, 2019


Dear Sir,

FINANCIAL RESULTS OF MEEZAN ASSET ALLOCATION FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan Asset Allocation Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 9:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.


Income

Six months period ended December 31,

Quarter ended December 31,

2018 2017

(Rupees In '000)

2018 2017

(Rupees in '000)

Net realised loss on sale of investments (34,089) (66,108) (33,833) (67,958) Dividend income 60,440 81,222 36,003 56,915 Profit on saving accounts with banks 14,863 13,433 8,281 6,018

41,214 28,547 10,451 (5,025)

Net unrealised diminution on re-measurement of investments classified 'as financial assets at fair value through profit or loss' (328,448) (486,184) (231,912) (158,046)

Total loss (287,234) (457,637) (221,461) (163,071)

Expenses Remuneration to Al Meezan Investment Management

Limited - Management Company 20,820 23,362 10,026 10,955 Sindh Sales Tax on management fee 2,707 3,037 1,304 1,424 Allocated expenses 1,388 1,557 668 730 Selling and marketing expenses 5,552 6,230 2,674 2,922 Remuneration to Central Depository Company of Pakistan

Limited - Trustee 1,892 2,039 920 960 Sindh Sales Tax on trustee fee 246 265 120 125 Annual fee to Securities and Exchange Commission of Pakistan 1,319 1,480 635 694 Auditors' remuneration 211 202 114 86 Brokerage expenses 515 1,562 385 510 Charity expense 932 1,249 636 1,132 Bank and settlement charges 260 525 148 189 Amortisation of preliminary expenses and floatation costs 91 91 45 46 Fees and subscription 297 337 135 135 Legal and professional charges 27 27 Printing expenses 10 69 10 69 Total expenses 36,240 42,032 17,820 20,004

Net loss for the period before taxation (323,474) (499,669) (239,281) (183,075)

Taxation

Net loss for the period after taxation (323,4741. (499,669) (239,281) (183,075)



Yours faithfully,

C\SNV

t 1

7

Syed Owals Watt' CFO & Company Secretary




I Meezan/MIIF/2019/0742

February 14, 2019

The General Manager Pakistan Stock Exchange Limited Stock Exchange Building, Stock Exchange Road,

Karachi 74000.

Form - 7

Dear Sir,

FINANCIAL RESULTS OF MEEZAN ISLAMIC INCOME FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018


Company of Meezan Islamic Income Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.


Income Profit on saving accounts with banks Profit on term deposit receipts Profit on certificates of musharakah Profit on sukuk certificates

Net realised loss on sale of sukuk certificates Other Income

Net unrealised appreciation / (diminution) on re-measurement of investments classified as

'financial assets at fair value through profit or loss' Total income

Expenses

Remuneration to Al Meezan Investment Management Limited - Management Company

Sindh Sales Tax on management fee Allocated expenses Remuneration to Central Depository Company of Pakistan

Limited - Trustee Sindh Sales Tax on trustee fee


Auditors' remuneration Fees and subscription Legal and professional charges

Brokerage expense

Bank and settlement charges

Provision for Sindh Workers' Welfare Fund Printing expense Total expenses

Net Income for the period before taxation

Taxation

Net Income for the period after taxation


December 31,


2018 2017

(Rupees In '000) 2018 2017

(Rupees in '000)

152,486 149,357 84,520 66,407

18,424 80,323 4,683 37,962

48,902 2,811 32,722 2,811

196,344 102,941 108,944 54,900 (15,508) (12,116) (10,040) (4,062)

1,384 60 1,020 44

402,032 323,376 221,849 158,062

812 (31,261) 14,504 (19,048)

402,844 292,115 236,353 139,014

40,284 70,937 23,635 26,543

5,237 9,222 3,073 3,451

5,152 5,650 2,602 2,690

4,413 4,762 2,225 2,287

574 619 290 297

3,864 4,238 1,952 2,018

414 362 215 185

713 847 352 360 27 27

224 75 84

161 172 128 82

6,831 3,902 4,034 2,020

277 119 137 72

68,144 100,932 38,727 40,032

334,700 191,183 197,626 98,982

334,700 191,183 197,626 98 982



Yours faithfully,

Syed Owais Wasti


Ground Floor, Block Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. UAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808



Al Meezan/MSF/2019/0740 Form - 7 February 14, 2019


Dear Sir,

FINANCIAL RESULTS OF MEEZAN SOVEREIGN FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018.


Company of Meezan Sovereign Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered

office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.


Income

Six months period ended December 31,


2018 2017 (Rupees in '000)

2018 2017 (Rupees in '000)

Profit on sukuk certificates 40,407 76,880 18,920 31,691 Net realised loss on sale of sukuk certificates (12,004) (23,516) (194) (9,130) Profit on saving accounts with banks 21,617 23,740 11,166 9,455

50,020 77,104 29,892 32,016 Net unrealised appreciation / (diminution) on

re-measurement of investments classified as 'financial assets at fair value through profit or loss' 7,508 (27,122) 10,580 8,752

Total income 57,528 49,982 40,472 40,768


- Management Company 8,785 17,165 4,000 6,995 Sindh Sales Tax on management fee 1,142 2,231 520 909 Remuneration to Central Depository Company of Pakistan

Limited - Trustee 1,037 1,665 489 714 Sindh Sales Tax on trustee fee 134 216 63 92 Annual fee to Securities and Exchange Commission of Pakistan 659 1,287 300 524 Auditors' remuneration 360 306 181 132 Fees and subscription 334 410 174 (109) Brokerage 209 207 2 80 Bank and settlement charges 91 147 38 58 Allocated expenses 878 1,716 400 699 Provision for Sindh Workers' Welfare Fund (SWWF) 878 493 686 493 Total expenses 14,507 25,843 6,853 10,587

Net income for the period before taxation 43,021 24,139 33,619 30,181

Taxation

Net income for the period after taxation 43,021 24,139 33,619 30,181



Yours faithfully,


Ground Floor, Block 'EV, Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. UAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808


54,441 30,762 29,091 18,182 7,077 3,999 3,782 2,364 5,444 3,076 2,909 1,818 4,401 2,685 2,312 1,552

572 349 300 202 4,083 2,307 2,182 1,363

305 277 159 131 646 433 352 217

10 - 10 - 27 - 27

226 138 214 40 7,110 2,526 4,249 1,506

90 59 44 29 84,405 46,638 45,604 27,431

348,379 123,750 208,206 73,749

348,379 123,750 208,206 73,749

Al Meezan/MCF/2019/0748

February 14, 2019

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building,

Stock Exchange Road, Karachi 74000.

Dear Sir,

Form - 7

FINANCIAL RESULTS OF MEEZAN CASH FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan Cash Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.



Income . Net realised gain on sale of investments

Profit on term deposit receipts

Profit on sukuk certificates

Profit on saving accounts with banks Total income

Six months period ended Quarter ended

December 31, December 31, 2018 2017 2018 2017

- (Rupees in '000) -----------

3,470 3,470 -

32,831 18,634 19,574 14,563

36,735 28,239 359,748 151,754 202,527 86,617 432,784 170,388 253,810 101,180

Expenses

Remuneration to Al Meezan Investment Management Limited - Management Company Sindh Sales Tax on management fee

Allocated expenses

Remuneration to Central Depository Company of Pakistan Limited - Trustee Sindh Sales Tax on trustee fee

Annual fee to Securities and Exchange Commission of Pakistan Auditors' remuneration


Brokerage Expense

Legal and professional charges


Provision for Sindh Workers' Welfare Fund Printing expense

Total expenses

Net income for the period before taxation

Taxation

Net income for the period after taxation


The report of the Fund for the half year ended December 31, 2018 will be transmitted through PUCARS separately, within the specified time.

Yours f, fully,

Syed Owais Wasti


Ground Floor, Block 'EV, Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. UAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808



Al Meezan/MGF/2019/0739


The General Manager



Stock Exchange Road

Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF MEEZAN GOLD FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan Gold Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 9:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended

December 31, 2018.


Income

Six months period ended,

December 31,

Quarter ended,

December 31, 2018 2017

(Rupees n '000) 2018 2017

(Rupees in '000)

Realised gain on sale of investments 1,812 2,686 2,453 1,548 Profit on saving accounts with banks 772 610 395 312 Price adjustment charges 3,485 443 1,838 443

6,069 3,739 4,686 2,303

Unrealised appreciation on re-measurement of investment in gold 31,605 18,811 36,078 8,664 Total income 37,674 22,550 40,764 10,967


- Management Company 1,340 2,185 691 1,031 Sindh Sales Tax on Management Fee 174 284 90 134 Allocated expenses 134 219 69 104 Selling and marketing expenses 357 98 Remuneration to Central Depository Company of Pakistan Limited - Trustee 228 371 118 175 Sindh Sales Tax on Trustee Fee 30 48 16 23 Annual fee to Securities and Exchange Commission of Pakistan 101 164 52 78 Auditors' remuneration 198 188 106 82 Brokerage expense 28 16 20 9 Fees and subscription 175 188 87 79 Bank and settlement charges 439 54 286 24 Custodian expense 1,190 1,939 621 911 Provision for Sindh Workers' Welfare Fund (SWWF) 666 338 666 166 Printing expenses 1 10 1 10 Total expenses 5,061 6,004 2,921 2,826

Net income for the period before taxation 32,613 16,546 37,843 8,141

Taxation

Net income for the period after taxation 32,613 16,546 37,843 8,141



Yours faithfully,


Ground Floor, Block '13', Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. UAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808



Al Meezan/MFPF/2019/0743

Form-7

February 14, 2019

The General Manager



Stock Exchange Road

Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF MEEZAN FINANCIAL PLANNING FUND OF FUNDS FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan

Financial Planning Fund of Funds (the Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial

results of the Fund for the half year and quarter ended December 31, 2018.


For the

period from Six months period ended December 31, 2018

July 01, 2018

to July 24,

Income

2018 Aggressive Moderate Conservative MAAP-I

(Rupees in '000) Total MAAP-IV

Net realised loss on sale of investments (1,617) (2,505) (1,924) (1,849) (7,895) (11,515) Dividend income 4,629 5,576 7,946 5,465 23,616 3,569 Back end load income - - - 128 128 167 Profit on saving accounts with banks 97 63 87 48 295 152

3,109 3,134 6,109 3,792 16,144 (7,627) Unrealised diminution on re-measurement

of investments at 'fair value through

profit or loss' (45,941) (15,999) (7,877) (75,162) (144,979) Total Loss (42,832) (12,865) (1,768) (71,370) (128,835) (7,627)

Expenses

Remuneration to Al Meezan Investment

Management Limited - Management Company 40 22 36 31 129 69 Sindh Sales Tax on management fee 5 3 5 4 17 9 Allocated expenses 245 132 134 402 913 32 Remuneration to Central Depository Company

of Pakistan Limited -Trustee 217 117 118 356 808 27 Sindh Sales Tax on trustee fee 28 15 15 46 104 4 Annual fee to Securities and Exchange

Commission of Pakistan 233 125 127 382 867 30 Auditors' remuneration 96 53 53 158 360 9 Fees and subscription 42 23 23 70 158 4 Bank and settlement charges 5 3 4 2 14 Printing charges 36 19 19 59 133 3 Total expenses 947 512 534 1,510 3,503 187

Net loss for the period before taxation (43,779) (13,377) (2,302) (72,880) (132,338) (7,814)

Taxation

Net loss for the period after taxation (43 779) (13,377) (2,302) (72,880) (132,338) (7,814)

Page 1 of 4

Ground Floor, Block 'IT, Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. 1JAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808


Six months period ended December 31, 2017

Aggressive Moderate Conservative MAAP-I

- (Rupees

MAAP-Il MAAP-III MAAP-IV Total in '000)

(4,912) (5,581) (3,165) (55,844) (140,211) (435,754) (17,290) (662,757) - 55 9 32 96

126 48 102 407 40 160 25 908 (4,786) (5,533) (3,063) (55,382) (140,162) (435,594) (17,233) (661,753)

72,752) (25,590) (9,265) (9,255) 4,166 21,457 (93,582) (184,821) (77,538) (31,123) (12,328) (64,637) (135,996) (414,137) (110,815) (846,574)

67 34 57 219 19 82 24 502 9 4 7 28 3 11 3 65

281 177 183 499 431 1,278 349 3,198

222 140 145 394 340 1,009 275 2,525 29 18 19 51 44 131 36 328

266 168 174 474 409 1,214 331 3,036 28 18 18 49 42 126 35 316 14 9 10 26 22 65 18 164

100 100

162 162 5 9 12 8 7 13 8 62

33 20 21 62 50 149 44 379 954 597 746 1,972 1,367 4,078 1,123 10,837

(78,492) (31,720) (13,0741 (66,609) (137,363) (418,215) (111,938) (857,411)

(78,492) (31,720) (13,074) (66,609) (137,363) (418,215) (111,938) (857,411)

Income

Net realised loss on sale of investments

Back end load income


Unrealised (diminution) / appreciation on

re-measurement of investments at 'fair

value through profit or loss'

Total Loss

Expenses

Remuneration to Al Meesan Investment Management

Limited - Management Company


Allocated expenses

Remuneration to Central Depository Company of

Pakistan Limited - Trustee


Annual fee to Securities and Exchange Commission

of Pakistan



Amortisation of preliminary expenses

and floatation costs

Transaction cost


Printing charges

Total expenses


Taxation


Page 2 of 4

Income

Quarter ended December 31, 2018 Aggressive Moderate Conservative

(Rupees in '000) MAAP-1 Total

Net realised loss on sale of investments (1,240) (798) (1,450) (1,018) (4,506) Back end load income - 65 65 Profit on saving accounts with banks 58 30 44 36 168 Reversal of provision of Sindh Workers' Welfare Fund 14 - 14

(1,182) (768) (1,392) (917) (4,259) Unrealised diminution on re-measurement

of investments at lair value' through profit or loss' (32,313) (9,343) (1,358)(52,693) (95,707) Total income (33,495) (10,111) (2,750) (53,610) (99,966)


Limited - Management Company 15 11 16 19 61 Sindh Sales Tax on management fee 2 2 2 2 8 Allocated expenses 119 64 64 195 442 Remuneration to Central Depository Company of

Pakistan Limited - Trustee 107 57 56 175 395 Sindh Sales Tax on trustee fee 14 7 7 22 50 Annual fee to Securities and Exchange Commission of Pakistan 114 60 60 185 419 Auditors' remuneration 51 29 28 84 192 Fees and subscription 18 10 9 31 68 Bank and settlement charges 1 2 3 Printing charges 19 9 10 32 70 Total expenses 460 249 254 745 1,708

Net loss for the quarter before taxation (33,955) (10,360) (3,004) (54,355) (101,674)

Taxation

Net loss for the quarter after taxation (33,955) (10,360) (3,004) (5_4,355) (101,674)

Page 3 of 4

Income

Quarter ended December 31, 2017 Aggressive Moderate Conservative MAAP-I MAAP-II

In '000) - MAAP-III MAAP-IV Total

(Rupees

Net realised (loss) / gain on sale of investments (3,370) (4,802) (2,961) 11,298 (136,069) (423,292) (12,927) (572,123) Back end load income - 55 2 - 57 Profit on saving accounts with banks 54 20 41 384 23 65 7 594

(3,316) (4,782) (2,920) 11,737 (136,044) (423,227) (12,920) (571,472) Unrealised (diminution) / appreciation on

re-measurement of investments at 'fair value through profit or loss' (25,413) (6,071) (1,317)(15,586) 86,368 265,116 (25,498) 277,599

Total income (28,729) (10,853) (4,237) (3,849) (49,676) (158,111) (38,418) (293,873)


Limited - Management Company 24 12 25 191 12 33 4 301 Sindh Sales Tax on management fee 4 1 3 24 2 5 39 Allocated expenses 138 81 84 203 202 595 158 1,461 Remuneration to Central Depository Company of

Pakistan Limited - Trustee 106 65 67 161 160 472 125 1,156 Sindh Sales Tax on trustee fee 14 9 9 21 21 61 :6 151 Annual fee to Securities and Exchange

Commission of Pakistan 126 77 80 193 191 565 149 1,381 Auditors' remuneration 14 8 8 20 19 58 16 143 Fees and subscription 6 4 5 10 9 28 8 70 Amortisation of preliminary expenses

and flotation costs 50 50 Transaction cost 1 1 Bank and settlement charges 3 5 6 3 2 4 23 Printing charges 32 19 20 60 49 145 42 367 Total expenses 464 279 356 890 668 1,964 522 5,143

Net loss for the quarter before taxation (29,193) (11,132) (4,593) (4,739) (50,344) (160,075) (38,940) (299,016)

Taxation

Net loss for the quarter after taxation (29,193) (11,132) (4,593) (4,739) (50,344) (160,075) (38,940) (299,016)



Syed Owais Wasti


MAAP: Meezan Asset Allocation Plan

Page 4 of 4

Al Meezan Investment Managemerrt Ltd

Al Meezan/MSAF/2019/0745 Form - 7 February 14, 2019

The General Manager



Stock Exchange Road

Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF MEEZAN STRATEGIC ALLOCATION FUND FOR THE HALF YEAR AND QUARTER ENDED DECEMBER 31, 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Umited (Al Meezan), the Management Company of Meezan Strategic

Allocation Fund (the Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.


Income

Six months period ended December 31, 2018 MSAP-I MSAP-II MSAP-III MSAP-IV

(Rupees In '000) MSAP-V MCPP•111 Total

Net realised loss on sale of investments (38,799) (4,539) (6,447) (10,677) (2,578) (19,428) (82,468) Profit on saving accounts with banks 106 166 71 101 66 31 541 Dividend income 13,001 9,425 10,866 13,046 3,675 16,480 66,493 Other income - - - - 337 1,072 1,409

(25,692) 5,052 4,490 2,470 1,500 (1,845) (14,025) Net unrealised (diminution) / appreciation on

re-measurement of investments - 'at fair value through profit or loss' (125,939) (106,044) (115,534) (124,458) (41,005) 10,554 (502,426)

Total (loss)! income (151,631) (100,992) (111,044) (121,988) (39,505) 8,709 (516,451)


Limited - Management Company 56 50 27 45 28 15 221 Sindh Sales Tax on management fee 7 7 4 6 4 2 30 Allocated expenses 919 617 678 756 247 680 3,897 Remuneration to Central Depository Company

of Pakistan Limited - Trustee 719 483 530 591 194 532 3,049 Sindh Sales Tax on trustee fee 93 63 69 77 25 69 396 Annual fee to Securities and Exchange

Commission of Pakistan 873 586 644 718 235 646 3,702 Auditors' remuneration 54 57 64 21 56 332 Fees and subscription 39 25 28 32 11 29 164 Printing charges 47 32 35 39 13 35 201 Provision for Sindh Workers' Welfare

Fund (SWWF) 133 133 Bank and settlement charges 11 2 20 6 1 40 Total expenses 2,844 1,919 2,092 2,334 779 2,197 12,165

Net (loss) I income for the period before taxation (154,475) (102,911) (113,136) (124,322) (40,284) 6,512 (528,616)

Taxation

Net (loss) / income for the period after taxation (154,475) (102,911) (113,136) (124,322) (40,284) 6.512 (528,616)

1 of 4

Ground Floor, Block `13', Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. UAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808


Six months period ended December 31, 2017

For the period

from August 15, 2017 to December 31, 2017

For the period from

December Total 19, 2017 to December 31. 2017

MSAP-I MSAP-II MSAP-III MSAP-IV MSAP-V MCPP-III (Rupees in '000)

(26,136) (12,936) (12,694) (11,375) 803 (62,338) 158 45 3 247 352 23 828

5,400 770 687 1,109 119 - 8,085 (20,578) (12,121) (12,004) (10,019) 1,274 23 (53,425)

(328,522) (213,573) (228,985) (237,700) (12,014) 27 (1,020,767) (349,100) (225,694) (240,989) (247,719) (10,740) 50 (1,074,192)

52 35 2 130 156 12 387 7 5 17 20 2 51

1,147 756 800 902 137 3,743

910 592 629 708 108 2,948 118 77 82 92 14 383

1,104 718 763 859 131 3,576 41 36 50 45 5 177 41 35 39 47 5 167 85 54 60 64 1 264 3 2 2 2 9 7 2 9 2 2 1 23

3,515 2,312 2,436 2,868 579 18 11,728

(352,615) (228,006) (243,425) (250,587) (11,319) 32 (1,085,920)

(352,615) (228,006) (243,425) (250,587) (11,319) 32 (1,085,920)

Income Net realised (loss) / gain on sale of investments Profit on saving accounts with banks Other income

Net unrealised (diminution) / appreciation on re-measurement of investments -'at fair value through profit or loss'

Total (loss) / income


Limited - Management Company Sindh Sales Tax on management fee Allocated expenses Remuneration to Central Depository Company of

Pakistan Limited - Trustee Sindh Sales Tax on trustee fee Annual fee to Securities and Exchange Commission

of Pakistan Auditors' remuneration Fees and subscription Printing charges Legal and professional charges Bank and settlement charges Total expenses

Net (loss) / Income for the period before taxation

Taxation

Net (loss)! income for the period after taxation

2 of 4

Income Net realised loss on sale of investments Profit on saving accounts with banks Other income

Net unrealised (diminution) / appreciation on re-measurement of investments -'at fair value through profit or loss'



Limited - Management Company Sindh Sales Tax on management fee Allocated expenses Remuneration to Central Depository Company of

Pakistan Limited - Trustee Sindh Sales Tax on trustee fee Annual fee to Securities and Exchange Commission

of Pakistan Auditors' remuneration Fees and subscription Printing charges Provision for Sindh Workers' Welfare Fund (SWWF) Bank and settlement charges Total expenses

Net (loss) I income for the quarter before taxation

Taxation

Net (loss) I income for the quarter after taxation

For the quarter ended December 31, 2018 Total MSAP-I MSAP-II MSAP-III MSAP-IV MSAP-V MCPP-III

(Rupees in '000)

(12,317) (2,271) (3,402) (4,520) (1,839) (13,543) (37,892) 69 88 42 39 35 8 281

151 587 738 (12,248) (2,183) (3,360) (4,481) (1,653) (12,948) (36,873)

(101,354) (75,356) (82,242) (88,109) (28,707) 14,066 (361,702) (113,602) (77,539) (85,602) (92,590) (30,360) 1,118 (398,575)

35 17 16 17 15 5 105 4 2 3 2 2 1 14

441 298 330 354 118 338 1,879

345 234 258 277 93 265 1,472 44 31 34 36 12 34 191

419 283 313 336 112 321 1,784 38 26 28 30 11 29 162 17 10 10 13 5 13 68 23 16 18 19 7 18 101

2 2 2 2 4

1,368 917 1,010 1,086 375 1,026 5,782

(114,970) (78,456) (86,612) (93,676) (30,735) 92 (404,357)

(114,970) (78,456) (86,612) (93,676) (30,735) 92 (404,357)

3 of 4

Income

Net realised (loss) / gain on sale of investments Profit on saving accounts with banks Other income

Net unrealised (diminution) I appreciation on

re-measurement of investments - 'at fair value through profit or loss'


Expenses

Remuneration to Al Meezan Investment Management Limited - Management Company

Sindh Sales Tax on management fee Allocated expenses

Remuneration to Central Depository Company of Pakistan Limited - Trustee





Printing charges Bank and settlement charges Total expenses

Net (loss)! income for the quarter! period before taxation

Taxation

Net (loss) I income for the quarter / period after taxation

For the quarter ended December 31, 2017

For the period

from August 15, 2017 to December

2017

For the

period from

December

19, 2017 to December 31. 31 2017

Total

MSAP-I

(19,493)

61 2,282

MSAP-II

(11,448)

23 413

MSAP-III MSAP-IV

(Rupees in '000)

(12,257) (11,731)

2 25

315 529

MSAP-V

751

246

119

-

23 -

(54,178)

380

3,658 (17,150)

(107,869)

(11,012)

(70,925)

(11,940)

(77,341)

(11,177)

(84,426)

1,116

(11,032)

23

27

(50,140)

(351,566) (125,019) (81,937) (89,281) (95,603) (9,916) 50 (401,706)

26

4 527

425 55

515 9

11 85

2

24

361

283 37

343 16

14 54

1

380

300

39

364

29 18

60 1

12 2

430

339 44

411

26

24 64 1

113 14

127

100 13

122

5 5

1 1

12

2 1

1

1

1

188 26

1,826

1,448 188

1,756

85 72

264 7

1,659 1,137 1,192 1,353 501 18 5,860

(126,678) (83,074) (90,473) (96,956) (10,417) 32 (407,566)

(126,678) (83,074) (90.473) (96,956) (10,417) 32 (407,566)


The Report of the fund for the half year ended December 31, 2018 will be transmitted through PUCARS separately, within the specified time.

Yours faithfully,

-‘1;\ Syed Owais Wasti


MSAP: MEEZAN STRATEGIC ALLOCATION PLAN

MCPP: MEEZAN CAPITAL PRESERVATION PLAN

4 014


Al Meezan/MSAF-11/2019/0744


The General Manager Pakistan Stock Exchange Limited

Stock Exchange Building Stock Exchange Road Karachi 74000.

Dear Sir,

FINANCIAL RESULTS OF MEEZAN STRATEGIC ALLOCATION FUND-II FOR THE HALF YEAR AND PERIOD / QUARTER ENDED DECEMBER 31, 2018

We are pleased to inform you that the Board of Directors of Al Meezan Investment Management Limited (Al Meezan), the Management Company of Meezan

Strategic Allocation Fund-II (the Fund), in its meeting held on Thursday, February 14, 2019 at 09:30 a.m. at the registered office, has approved the financial results of the Fund for the half year and quarter ended December 31, 2018.


For the For the For the

period from period from period from Six months period ended September December

2018 December 31, 2018

July 10, 26, 2018 to 17, 2018 to Total

to December 31, 2018

December December

31,2018 31, 2018 MCPP-IV MCPP-V MCPP-VI MCPP-VII MCPP-VIII

Income In '000) (Rupees

Net realised (loss) /gain on sale of investments (14,418) (4,863) 118 886 (18,277) Profit on saving accounts with banks 190 186 329 223 8 936 Dividend income 13,834 1,360 - - 15 194

(394) (3,317) 447 1,109 8 (2,147) Net unrealised (diminution) / appreciation on

re-measurement of investments - 'at fair

value through profit or loss' 20,010 8,761 3,127 (2,316) 13 29 595 Total income / (loss) 19,616 5,444 3,574 (1,207) 21 27,448

Expenses

Remuneration to Al Meezan Investment Management Limited - Management Company 58 65 126 60 3 312

Sindh Sales Tax on management fee 8 9 16 8 41 Allocated expenses 1,021 368 222 51 1,661 Remuneration to Central Depository Company of

Pakistan Limited - Trustee 844 304 183 41 1,372 Sindh Sales Tax on trustee fee 110 40 24 5 179 Annual fee to Securities and Exchange Commission

of Pakistan 970 350 211 47 1,578 Auditors' remuneration 79 28 16 3 126 Fees and subscription 84 30 17 4 135 Printing charges 63 23 13 3 102 Provision for Sindh Workers' Welfare Fund (SWWF) 327 84 55 466 Bank and settlement charges 6 4 17 14 1 42 Total expenses 3,570 1,305 900 235 4 6,014

Net Income / (loss) for the period before taxation 16,046 4,139 2,674 (1,442) 17 21,434

Taxation

Net income / (loss) for the period before taxation 16,046 4,139 2,674 (1,442) 17 21,434

Page 1 of 2

Ground Floor, Block Finance & Trade Centre, Shahrah-e-Faisal, Karachi 74400, Pakistan. UAN: (92-21) 111-633-926 (111-MEEZAN) Fax: (92-21) 35630808


For the quarter ended December 31, 2018

For the period from

December 17,

2018 to December 31,

2018

Total

MCPP-IV MCPP-V MCPP-VI MCPP-VII MCPP-VIII (Rupees in '000)

Income

Net realised gain / (loss) on sale of investments


Net unrealised (diminution) / appreciation on

re-measurement of investments at 'fair

value through profit or loss'

Total income / (loss)

Expenses

Remuneration to Al Meezan Investment Management

Limited - Management Company


Allocated expenses

Remuneration to Central Depository Company of

Pakistan Limited - Trustee


Annual fee to Securities and Exchange Commission

of Pakistan



Printing charges

Provision for Sindh Workers' Welfare Fund (SWWF)


Total expenses

Net income / (loss) for the quarter before taxation

Taxation

Net income / (loss) for the quarter before taxation

2,093 (2,473) 320 886 826 89 26 44 220 8 387

2,182 (2,447) 364 1,106 8 1,213

9,834 4,879 2,445 (2,316) 13 14,855 12,016 2,432 2,809 (1,210) 21 16,068

28 5 10 59 3 105 4 1 1 8 14

500 177 155 50 882

411 145 127 41 724 54 19 17 5 95

475 169 147 47 838 37 13 11 3 64 39 13 14 4 70 29 11 9 3 52

208 37 55 300 4 3 7 14 1 29

1,789 593 553 234 4 3,173

10,227 1,839 2,256 (1,444) 17 12,895

10,227 1 839 2,256 (1,444) 17 12,895



Your:,_' fully,

Syed Owais Wasti


MCPP: Meezan Capital Preservation Plan

Page 2 of 2

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