ICB AMCL announces NAV of two unit funds

Last updated: May 21, 2009

Dhaka, Bangladesh (BBN)- ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), announced Net Asset Value (NAV) of two of its unit funds recently.

The NAV of ICB AMCL Unit Fund stood at BDT 1,119,007,033.13 on the basis of cost price and BDT 1,163,880,076.24 on the basis of market price at the close of business operation on May 19.

The NAV per unit stood at BDT 208.87 on the basis of cost price and BDT 217.25 on the basis of current market price on the same day against the face value of BDT 100.00 per unit after taking into consideration all assets and liabilities of the Fund.

The sale and re-purchase prices of the ICB AMCL Unit certificate have been re-fixed at BDT 220.00 and BDT 217.00 per unit respectively with effect from May 24.

On the other hand the total NAV of ICB AMCL Pension Holders' Unit Fund stood at BDT 123,442,634.08 on the basis of cost price and BDT 134,084,777.22 on the basis of market price at the close of business operation on May 19.

The NAV per unit stood at BDT 175.25 on the basis of cost price and BDT 190.36 on the basis of current market price on the same day against the face value of BDT 100.00 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 have been re-fixed at BDT 193.00 and BDT 190.00 per unit respectively with effect from May 24.

BBN/SS/SI/AD-21May09-12:00 pm (BST)

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