ICB AMCL announces NAV of two unit funds

Last updated: October 6, 2011

Dhaka, Bangladesh (BBN) - ICB Asset Management Company Limited (AMCL) has announced net asset value (NAV) of its two unit Funds, a company statement said.

The total NAV of ICB AMCL Unit Fund stood at BDT 3,012,603,718.75 on the basis of cost price and BDT 3,486,995623.34 on the basis of market price at the close of business operation on October 3, 2011, according to the statement.

The NAV per unit of the Fund stood at BDT 263 on the basis of current market price on the same day against the face value of BDT 100 per unit after taking into consideration all assets and liabilities of the Fund.

The sale and re-purchase prices of the Unit certificate will remain unchanged at BDT 268 and BDT 263 per unit respectively.

On the other hand, the total NAV of ICB AMCL Pension Holders' Unit Fund stood at BDT 424,092,376.80 on the basis of cost price and BDT 481,236,739.23 on the basis of market price at the close of business operation on October 3, 2011.

The NAV per unit of the Fund stood at BDT 236.20 on the basis of current market price on the same day against the face value of BDT 100 per unit after taking into consideration all assets and liabilities of the Fund.

The sale and re-purchase prices of the Unit certificate will remain unchanged at BDT 241 and BDT 236 per unit respectively, the statement added.

BBN/SSR/AD-06Oct11-12:23 pm (BST) 

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