Business Desk :
For the greater interest of investors, trading of the unit of Shanta First Income Unit Fund (SFIUF) is opened for all working days from now on for the first time in the Asset Management Industry of Bangladesh, says a press relase.
Earlier, in the last trading session of each week, trading of units of open-ended mutual funds was prohibited. In that circumstances, SAML applied to Bangladesh Security and Exchanges Commission (BSEC) not to keep any prohibition on trading of units in any working days. Based on this application, BSEC approved the trading of units in all working days.
According to Mohammad Emran Hasan, Chief Executive Officer (CEO) of Shanta Asset Management Limited (SAML), “Investors’ interest is the key focus of SAML.
In line with this, we lift the barrier of trading of units during the last trading days of every week to increase fund’s liquidity. This happens for the first time in the asset management industry of Bangladesh. Moreover, from the beginning, we do not keep any spread between buy price and sale price of units of SFIUF for investors’ interest”.
Investors can buy units and withdraw invested amount at any time during working days, serving investors’ necessity at their critical situation.
For the greater interest of investors, trading of the unit of Shanta First Income Unit Fund (SFIUF) is opened for all working days from now on for the first time in the Asset Management Industry of Bangladesh, says a press relase.
Earlier, in the last trading session of each week, trading of units of open-ended mutual funds was prohibited. In that circumstances, SAML applied to Bangladesh Security and Exchanges Commission (BSEC) not to keep any prohibition on trading of units in any working days. Based on this application, BSEC approved the trading of units in all working days.
According to Mohammad Emran Hasan, Chief Executive Officer (CEO) of Shanta Asset Management Limited (SAML), “Investors’ interest is the key focus of SAML.
In line with this, we lift the barrier of trading of units during the last trading days of every week to increase fund’s liquidity. This happens for the first time in the asset management industry of Bangladesh. Moreover, from the beginning, we do not keep any spread between buy price and sale price of units of SFIUF for investors’ interest”.
Investors can buy units and withdraw invested amount at any time during working days, serving investors’ necessity at their critical situation.
