Units of CAPM BDBL Mutual Fund 01 began trading at Dhaka Stock Exchange (DSE) under category A from Thursday.
DSE Trading Code for CAPM BDBL Mutual Fund 01 is “CAPMBDBLMF” and DSE trading Code is 1219.
CAPM BDBL Mutual Fund 01 is the foremost closed- end mutual fund of CAPM Company Ltd. The asset is intended to give financial specialists an above-normal level of current wage. The target of the asset/ instrument is to accomplish payment of better profit consistently to unit holders with capital appreciation benefits in long tenure through investments in equity and obligation related securities of Bangladesh Capital Market.
With a guarantee to circulate minimum 70% of acknowledged pay as profit in every accounting year, the fund considers customers like Individuals, Institutions, Non-Resident Bangladeshis (NRB), Mutual Funds and Collective Investment Schemes qualified, to apply for investment in the Fund from home and abroad.
On the close of operation on January 10, 2017, the Fund has reported Net Asset Value (NAV) of Tk. 10.04 per unit on the basis of current market price and Tk. 10.01 per unit on the basis of cost price against face value of Tk. 10.00.
However, total Net Assets of the Fund stood at Tk. 503,407,724.53 on the basis of current market price and Tk. 501,789,383.61 on the basis of cost price after considering all assets and liabilities of the Fund.
Bangladesh Securities and Exchange Commission (BSEC) has imposed prohibition on investors on getting loan facilities to purchase units of CAPM BDBL Mutual Fund.
The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase units of CAPM BDBL Mutual Fund 01 in between 1st to 30th trading day after listing of the said security.
The prohibition will be with effect from January 12, 2017 as per BSEC Directive dated October 27, 2015.