CMSF, IAMCL arrange Road Show

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Business Desk :
In the effort to commemorate the golden jubilee of our independence earned at the cost of many sacrifices of the nation, Capital Market Stabilization Fund (CMSF) and ICB Asset Management Company Limited (IAMCL) have jointly floated a close-end mutual fund namely “ICB AMCL CMSF Golden Jubilee Mutual Fund”. On this occasion a road show for the public subscription of the fund was held on Wednesday at the Khulna Branch of ISTCL. The size of the fund is Tk 100.00 (One Hundred) crore and the face value per unit is Tk 10.00 (ten). Public subscription of the fund will remain open for the period from 17th August, 2022 to 24th August, 2022. ICB Asset Management Company Limited is acting as the asset manager. Bangladesh General Insurance Company Limited (BGIC) is acting as trustee whereas BRAC Bank Limited is acting as custodian of the fund.
Chief Executive Officer of IAMCL ATM Ahmedur Rahman attended the program as the chief guest. Branch Heads of ICB Khulna Branch, ICML Khulna Branch and ISTCL Khulna Branch and a significant number of investors were present on the program, said a press release.

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