The initial size of the fund is Tk20 crore and the face value is Tk10 per unit
A trust deed registration ceremony was held between the country's only state-owned investment organizations Investment Corporation of Bangladesh (ICB) and ICB Capital Management Limited (a subsidiary of ICB) on Monday (October 19).
The initial size of the fund is Tk20 crore and the face value is Tk10 per unit, says a press release.
On the occasion of the birth centenary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, the ceremony of the open-end (growth) mutual fund "ICB AMCL Shotoborsho Unit Fund" was held at the board room of ICB head office.
Chairman of ICB Dr Mojib Uddin Ahmed attended the ceremony virtually.
Among others, Managing Director of ICB Md Abul Hossain, Deputy Managing Directors of ICB Md Zakir Hossain and Md Refat Hasan, and general managers of ICB, chief executive officers of ICB Asset Management Company Limited and ICB Capital Management Limited were present.