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Phoenix Finance First Mutual Fund makes debut today

Sunday, 9 May 2010


FE Report
Phoenix Finance First Mutual Fund, a closed-end fund of 10 years tenure, will make debut in the stock market today (Sunday).
The mutual fund worth Tk 600 million will be the 24th such fund listed with the prime bourse. Per unit price of the fund is Tk 10 and market lot 500 units.
Subscription was opened on March 7 and closed on March 11 for resident Bangladeshis.