EDGE Bangladesh Mutual Fund (EDGEBDMF) provides a balanced allocation to both equity and debt securities where allocation is tilted based on relative attractiveness of the two asset classes. The presence of debt securities helps reduce volatility, downside risk and may also enhance return when equity market trends downwards.
EDGEBDMF has a moderate to low risk level. It is best suited for investors who do not want to manage their debt and equity allocations by themselves and who thus seek professional, dynamic fund management.Invest Now Contact us
Key statistics of the mutual fund are shown below.
The table and the pie chart show how client funds are invested. Data as of 30th June, 2022.
|Foods & Allied||2.00%|
|Bonds, Money Market Securities & Cash||43.40%|
The table summarizes fund performance since inception.
|Strategy Name||Since Inception||10Y||7Y||5Y||3Y||1Y||6M||3M||YTD|
|EDGE Bangladesh Mutual Fund||46.30%||-||-||-||36.86%||-6.52%||-2.79%||0.48%||-4.75%|
Basic information on the fund is shown below. Further details can be found in fund prospectus.
|Name of the Fund||EDGE Bangladesh Mutual Fund|
|Nature||Open end Mutual Fund|
|Life & size of the Fund||Perpetual life and unlimited size|
|Sponsor & Asset Manager||EDGE AMC Limited|
|Trustee||Sandhani Life Insurance Company Limited|
|Custodian||BRAC Bank Limited|
|Initial Size of the Fund||Tk 10,00,00,000 (Taka Ten Crore) divided into 1,00,00,000 (One Crore) Units of Tk. 10 (Taka Ten) each.|
|Face value||Tk. 10 (Taka Ten) per Unit|
The objective of the EDGE Bangladesh Mutual Fund is to achieve superior risk adjusted return in the forms of capital appreciation, dividend, interest
income and to provide attractive dividend payments to the Unit holders by investing the fund in instruments of capital market, money market etc.
Tk. 5,000/- per application (500 Units) for individuals
Tk. 50,000/- per application (5,000 Units) for institutions
Not Applicable for SIP investors
|Dividend||Minimum 70 (seventy) percent of realized income of the Fund will be distributed as Dividend in Bangladeshi Taka in each accounting year.|
|Dividend Distribution||The dividend warrant will be distributed within 45 (forty-five) days from the date of declaration.|
|Transferability||The Units of the Fund are transferrable by way of inheritance/ gift and/ or by specific operation of law.|
|Surrender and Encashment||
The Units holders can surrender and encash their Units to the Asset Manager and through the authorized selling agents appointed by the Asset Manager.
The Asset Manager or selling agent shall be liable to re-purchase the units on behalf of the Fund.
a) Income from a mutual fund or a unit fund up to tk, 25,000.00 (Twenty-Five Thousand) is exempted from tax under Income Tax Ordinance 1984
b) Investment in the Unit Fund would qualify for investment tax credit under section 44(2) of the Income Tax Ordinance.
c) The income of the Fund will also be exempted form Tax.
All the key documents related to the fund including quarterly portfolio statements, quarterly financial statements, forms, prospectus etc can be downloaded below.