ICB AMCL declares dividends on open-end MFs

FE Report | Published: August 02, 2018 13:10:34


The Trustee Committee of the five open-end mutual funds managed by ICB Asset Management Company Limited (AMCL) approved dividends for the fiscal year 2017-18.

The unit holders, whose names appeared in the registers of the funds on 30 June 2018, will be entitled to receive the dividend, said a press release.

The Trustee Committee approved dividend of Tk 19 per unit for the unit holders of ICB AMCL Unit Fund.

The Trustee Committee approved a total dividend of Tk 12.50 per unit (first half Tk 5.0 and second half Tk 7.50) for unit holders of ICB AMCL Pension Holders' Unit Fund.

Bangladesh Fund's unit holders will get Tk 6.0 per unit, while ICB AMCL Converted First Unit Fund holders will get Tk 0.60 per unit.

The Trustee Committee also approved dividend of Tk 0.80 per unit for ICB AMCL Islamic Unit Fund holders.

Meanwhile, per unit sale and re-purchase prices of these funds have also been re-fixed with effect from 01 August 2018.

The sale and re-purchase prices of the ICB AMCL Unit Fund have been re-fixed at Tk 220 and Tk 215 per unit respectively.

The sale and re-purchase prices of the ICB AMCL Pension Holders' Unit Fund have been re-fixed at Tk 190 and Tk 185 per unit respectively.

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