News Briefs
ICB AMCL Shotoborsho Unit Fund launched
March 19, 2021 00:00:00
The Investment Corporation of Bangladesh (ICB) and its subsidiary ICB Asset Management Company Limited (ICB AMCL) jointly floated an open-end growth mutual fund 'ICB AMCL Shotoborsho Unit Fund' to mark the Mujib Year. Chairman of ICB & ICB AMCL Prof Dr Md Kismatul Ahsan inaugurated the investment activities of the Fund at the Head Office of ICB AMCL on Thursday
The Investment Corporation of Bangladesh (ICB) and its subsidiary ICB Asset Management Company Limited (ICB AMCL) jointly floated an open-end growth mutual fund 'ICB AMCL Shotoborsho Unit Fund' to mark the Mujib Year. The inauguration of investment activities of the Fund was held on Thursday at the Head Office of ICB AMCL in Dhaka. Chairman of ICB & ICB AMCL Prof Dr Md Kismatul Ahsan inaugurated the investment activities of the Fund. The initial size of the Fund is Tk 200 million (Tk 20.00 crore) and the face value per unit is Tk 10.00. ICB Capital Management Limited is the Trustee & Custodian of the Fund and the Asset Manager of the Fund is ICB Asset Management Company Limited. General Managers of ICB, Chief Executive Officers of ICB Asset Management Company Limited and ICB Capital Management Limited and the senior executives of the three Subsidiary Companies of ICB were present at the inaugural ceremony.
— Statement