ICB AMCL Declares Net Asset Value of its Two Units Fund

ICB Asset Management Company Limited (AMCL), a subsidiary of the ICB declared total net asset value (NAV) of its two units fund in the city recently.

The NAV of ICB AMCL unit fund stood at Tk 746,186,311.34 on the basis of cost price and Tk 976,073,947.44 on the basis of market price at the close of business operation on October 21, 2008. The NAV per unit stood at Tk 154.72 on the basis of cost price and Tk 202.39 on the basis of current market price on the same day against the face value of Tk 100.00 per unit after taking into consideration all assets and liabilities of the fund.

The per unit sale and repurchase prices of the AMCL unit certificate shall remain unchanged at Tk 205.00 and Tk 202.00 per unit respectively.

Meanwhile, the NAV of ICB AMCL Pension Holders' unit fund stood at Tk 84,259,933.16 on the basis of cost price and Tk 115,064,997.52 on the basis of market price at the close of business operation on October 21, 2008. The NAV per unit stood at Tk 129.90 on the basis of cost price and Tk 177.39 on the basis of current market price on the same day against the face value of Tk 100.00 per unit after taking into consideration all assets and liabilities of the fund.

The sale and re-purchase prices of the AMCL Pension Holders' unit certificate shall remain unchanged at Tk 180.00 and Tk 177.00 per unit respectively.