MCB AMC is launching "MCB Cash Management Optimizer Fund" through an IPO from September 28 to September 30. MCB C'MOP is purely a money market fund. This fund is ideal for investors who are seeking short-term parking for their surplus liquidity. MCB Asset Management Company is a wholly owned subsidiary of MCB Bank Limited which is one of the largest banks in Pakistan, with a network of about 1,100 branches.
MCB AMC is currently managing three funds with the name of MCB Dynamic Cash Fund, MCB Dynamic Stock Fund and MCB Dynamic Allocation Fund with having asset under management of PKR approx 14bn.-PR