EBL NRB Mutual Fund

( Subscription Open: 13.03.11, Close: 17.03.11 )

EBL NRB Mutual Fund

Name EBL NRB 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 dividend to the unit holders by investing the proceeds in the various instruments in the Bangladeshi Capital Market and Money Market.
Subscription Open March 13, 2011
Subscription Close March 17, 2011
For Non Resident Bangladeshi March 13, 2011 to March 26, 2011
Offer Price Tk. 10.00 per unit
Face Value Tk. 10.00 per unit
Market Lot 500 Units
Sponsor’s Portion 25,000,000 units
Pre IPO Placement Portion 50,000,000 units
Public Offer 75,000,000 units
Size of the Fund in units 150,000,000
Size of the Fund in amount Tk. 1,500,000,000.00
Asset Manager RACE Management PCL
Sponsor Eastern Bank Limited (EBL)
Trustee Bangladesh General Insurance Company Ltd.
Custodian BRAC Bank Ltd.
Website www.racebd.com

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