Name PHP First Mutual Fund
Nature of the fund Closed-end Mutual Fund with tenure of ten years
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 3 October, 2010
Subscription Close 7 October, 2010
For Non-Resident Bangladeshi 3 October, 2010 to 16 October, 2010
Offer Price Tk. 10.00 per unit
Face Value Tk. 10.00 per unit
Market Lot 500 units
Sponsor’s Portion 20,000,000 Units
Pre IPO Placement Portion 80,000,000 Units
Public offer 100,000,000 Units
Size of the fund 200,000,000 units
Size of the fund Tk. 2000,000,000
Asset Manger RACE Management PCL
Sponsor PHP Power Generation Plant Limited
Trustee Bangladesh General Insurance Company Ltd
Custodian Standard Chartered Bank
Website www.racebd.com