Investor complaints:

Investors who require assistance or have any complaints can click here for the ‘Online compliant form’ or contact Mr. Akif Hasan at 021-35639616 (Ext: 103).

You can additionally send an email at investorcomplaints@magnusinvestments.

DISCLAIMER: “In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the Company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP’s regulatory domain/competence shall not be entertained.”

SECP Service Desk

We are value investors and have a conservative investment approach. Our style is suited to clients that expect their money to be managed conservatively, consider ‘risk’ to be as important as ‘return’ and measure performance over a three to five year period. We have a stringent KYC and AML procedure and we do not deal with individuals or entities where the source of funds cannot be ascertained beyond doubt. We do not open any accounts or take any client assets under our custody in any form or shape whatsoever. We do not conduct any cash transactions with clients.

Associated companies:

Arkad Consultants Private Limited (formerly Arkad Consultant Private Limited) is a wholly-owned subsidiary of Magnus Investment Advisors Limited. Arkad is a financial services company which deals in distribution of financial products like mutual funds, insurance etc.

Magnus is a registered member of the Mutual Funds Association of Pakistan.

Pattern of shareholding:

Pattern of Shareholding
As at June 30, 2019
No. of shareholders   Shareholding   Total shares held
  From   To  
4   1   500   432
3   501   10,000   15,783
2   10,001   15,000   22,610
1   15,001   100,000   86,438
10           125,263

Board of directors:

The company has the following team of professionals in the board of directors:

Dr. Mohammed Nishat – Independent Director:

Dr. Nishat is the Chairman of the Audit Committee at Magnus. He holds a doctorate degree in Economics (with specialization in Finance) from the University of Auckland, New Zealand. Dr. Nishat is currently a Professor of Economics & Finance and Associate Dean at the Faculty of Business Administration, IBA, Karachi.

Nadeem Jeddy (MBA, CFA, CIM) – Director:

Mr. Jeddy was the founding CEO of Magnus and has been its Chief Investment Officer (CIO) since 2008. He is a seasoned investment banker with seventeen years’ worth of experience with Citigroup in mergers & acquisitions and credit & risk management. He specializes in the fundamental investment analysis of industries and companies.

Naveed Ahad – Independent Director:

Mr. Ahad holds a B.Sc Engineering from the University of Engineering & Technology, Lahore. He is the co-founder and Director of AJR Metal Fabricators (Pvt.) Limited, supplying auto parts to Honda and Yamaha. His first‐hand insight of industrial activity (real sector as opposed to financial sector) is extremely valuable for the Company.

Rehan Riaz – Director:

Mr. Riaz holds a B.Sc Engineering from the University of Engineering &Technology, Lahore. He is the co-founder and CEO of AJR Metal Fabricators (Pvt.) Limited, supplying auto parts to Honda and Yamaha. His first‐hand insight of industrial activity (real sector as opposed to financial sector) is extremely valuable for the Company.

Auditors:

Our internal auditors are A. F. Ferguson & Co., while our external auditors are KPMG Taseer Hadi & Co.