EDGE Bangladesh Mutual Fund
NAV as on
NAV per Unit (BDT)
Investor’s Buy Price (BDT)
Investor’s Sale Price (BDT)
*Sell and Surrender of units will remain valid between October 20 – 23, 2019.
|wdt_ID||NAV as on||REPORTED NAV PER UNIT (BDT)||FUND RETURN COMPOSITE||DSEX INDEX||INVESTORS' BUY PRICE (BDT)||INVESTORS' SELL PRICE (BDT)|
|NAV as on||REPORTED NAV PER UNIT (BDT)||FUND RETURN COMPOSITE||DSEX INDEX||INVESTORS' BUY PRICE (BDT)||INVESTORS' SELL PRICE (BDT)|
|Name of the Fund||EDGE Bangladesh Mutual Fund|
|Nature||Open end Mutual Fund with unlimited size|
|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|
|Objective||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.
|Minimum Subscription||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.
|Tax Benefit||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.