AIBL 1st Islamic Mutual Fund

( Subscription Open: 21.11.10, Close: 25.11.10 )

AIBL 1st Islamic Mutual Fund

Name AIBL 1st Islamic Mutual Fund
Nature of the fund Closed-end Mutual Fund of 10 (Ten) years tenure
Objective The objective of the Fund is to provide attractive risk adjusted returns to the unit holders by investing the proceeds in the Capital Market and Money Market that are generally Shariah compliant.
Subscription Open November 21, 2010
Subscription Close November 25, 2010
For Non Resident Bangladeshi November 21, 2010 to December 04, 2010
Offer Price Tk. 10.00 per unit
Face Value Tk. 10.00 per unit
Market Lot 500 Units
Sponsor’s Portion 10,000,000 units
Pre IPO Placement Portion 40,000,000 units
Public Offer 50,000,000 units
Size of the Fund 100,000,000 units
Size of the Fund Tk. 1,000,000,000.00
Asset Manager LR Global Bangladesh Asset Management Company Limited
Sponsor Al-Arafah Islami Bank Limited
Trustee Bangladesh General Insurance Company Ltd.
Custodian Standard Chartered Bank
Website www.lrglobalbd.com

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