Subscription
Subscription opens: November 21, 2010 Subscription closes: November 25, 2010
For Non-Resident Bangladeshis, Subscription closes on December 04, 2010
P R O S P E C T U S (Abridged version)
AIBL 1st Islamic Mutual Fund
Registered Office: LR Global Bangladesh Asset Management Company, I-K Tower (4th Floor), Plot-2, Block-CEN (A), Gulshan North Avenue, Gulshan-2, Dhaka-1212, Bangladesh Phone: 8826676, 8818409; Mobile: 01730450478-9, Fax: 9895689 Email: info@lrglobalbd.com Website: www.lrglobalbd.com
SIZE OF THE FUND: Tk.100,00,00,000 divided into 10,00,00,000 units at par value of Tk. 10 each
SPONSOR’S CONTRIBUTION: 1,00,00,000 units of Tk. 10 each at par for Tk. 10,00,00,000
PRE-IPO PLACEMENT: 4,00,00,000 units of Tk. 10 each at par for Tk. 40,00,00,000
PUBLIC OFFER: 5,00,00,000 units of Tk. 10 each at par for Tk. 50,00,00,000
RESERVED FOR MUTUAL FUNDS: 50,00,000 units of Tk. 10 each at par for Tk. 5,00,00,000
NON-RESIDENT BANGLADESHIS: 50,00,000 units of Tk. 10 each at par for Tk. 5,00,00,000
RESIDENT BANGLADESHIS: 4,00,00,000 units of Tk. 10 each at par for Tk. 40,00,00,000
ASSET MANAGER: LR GLOBAL BANGLADESH ASSET MANAGEMENT COMPANY LTD.
SPONSOR: AL-ARAFH ISLAMI BANK LIMITED
TRUSTEE: BANGLADESH GENERAL INSURANCE COMPANY LIMITED
CUSTODIAN: STANDARD CHARTERED BANK
This Offer Document sets forth concisely the information about the Fund that a prospective investor ought to know before investing. This Offer Document should be read before making an application for the Units and should be retained for future reference. Investing in the AIBL 1st Islamic Mutual Fund (hereinafter the Fund) bears certain risks that investors should carefully consider before investing in the Fund. Investment in the capital market and in the Fund bears certain risks that are normally associated with making investments in securities including loss of principal amount invested. There can be no assurance that the Fund will achieve its investment objectives. The Fund value can be volatile and no assurance can be given that investors will receive the amount originally invested. When investing in the Fund, investors should carefully consider the risk factors outlined in the document.
THE SPONSOR, AMC OR THE FUND IS NOT GUARANTEEING ANY RETURNS
The particulars of the Fund have been prepared in accordance with
with Securities and Exchange Commission of Bangladesh.
The Issue/Fund shall be placed in “A” category. The Fund shall apply for listing with both the Stock Exchanges.
Date of Publication of Prospectus: October 20, 2010 in “Prothom Alo” & “The Daily Star”