ICB discloses NAV of two unit funds
Tuesday, 19 October 2010
Asset Management Company Limited (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has disclosed the net asset value (NAV) of its two unit funds, according to a press release.
ICB AMCL Unit Fund: The total NAV of ICB AMCL Unit Fund stood at Tk 1,386,124,736.93 on the basis of cost price and Tk 2,541,274,582.44 on the basis of market price at the close of business operation on October 12, 2010. The NAV per unit stood at Tk 259.42 on the basis of the current market price on the same day against the face value of Tk 100 per unit after taking into consideration all assets and liabilities of the Fund. The per unit sale and re-purchase prices of the ICB AMCL Unit certificate will remain unchanged at Tk 264 and Tk 259 respectively.
ICB AMCL Pension Holders' Unit Fund: The total NAV of ICB AMCL Pension Holders' Unit Fund stood at Tk 152,858,888.28 on the basis of cost price and Tk 342,946,459.58 on the basis of market price at the close of business operation on October 12, 2010. The NAV per unit stood at Tk 224.40 on the basis of current market price on the same day against the face value of Tk 100 per unit after taking into consideration all assets and liabilities of the Fund. The sale and re-purchase prices of the ICB AMCL Pension Holders' Unit certificate will remain unchanged at Tk 229 and Tk 224 per unit respectively, the release added.
ICB AMCL Unit Fund: The total NAV of ICB AMCL Unit Fund stood at Tk 1,386,124,736.93 on the basis of cost price and Tk 2,541,274,582.44 on the basis of market price at the close of business operation on October 12, 2010. The NAV per unit stood at Tk 259.42 on the basis of the current market price on the same day against the face value of Tk 100 per unit after taking into consideration all assets and liabilities of the Fund. The per unit sale and re-purchase prices of the ICB AMCL Unit certificate will remain unchanged at Tk 264 and Tk 259 respectively.
ICB AMCL Pension Holders' Unit Fund: The total NAV of ICB AMCL Pension Holders' Unit Fund stood at Tk 152,858,888.28 on the basis of cost price and Tk 342,946,459.58 on the basis of market price at the close of business operation on October 12, 2010. The NAV per unit stood at Tk 224.40 on the basis of current market price on the same day against the face value of Tk 100 per unit after taking into consideration all assets and liabilities of the Fund. The sale and re-purchase prices of the ICB AMCL Pension Holders' Unit certificate will remain unchanged at Tk 229 and Tk 224 per unit respectively, the release added.