ICB AMCL announces NAV of two unit funds

Last updated: August 26, 2011

Dhaka, Bangladesh (BBN) - ICB Asset Management Company Limited (ICB AMCL) has disclosed net asset value (NAV) of two unit funds.

The funds are- ICB AMCL Pension Holders' Unit Fund and ICB AMCL Unit Fund.

The total NAV of ICB AMCL Pension Holders' Unit Fund stood at BDT 417,954,320.39 on the basis of cost price and BDT 476,249,864.46 on the basis of market price at the close of business operation on August 23, 2011, a press statement said on Thursday.

The NAV per unit stood at BDT 234.12 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 1CB AMCL Pension Holders' Unit certificate shall remain unchanged at BDT 239.00 and BDT 234.00 per unit respectively.

The total NAV of ICB AMCL Unit Fund stood at BDT 2,893,325,307.91 on the basis of cost price and BDT 3,374,909,817.52 on the basis of market price at the close of business operation on August 23, 2011.

The NAV per unit stood at BDT 261.28 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 per unit sale and re-purchase prices of the ICB AMCL Unit certificate shall remain unchanged at BDT 266.00 and BDT 261.00 per unit respectively, the statement added.

BBN/SRR/SI-26Aug11-12:50 pm (BST) 

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