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The subscription of Popular Life First Mutual Fund begins today (Sunday).

The subscriptions of the closed-end Mutual Fund with a tenure of 10 years ends August 26.

The Non-Resident Bangladeshi will be allowed till September 04.

The Face Value is Tk. 10.00 per unit with market lot of 500 Units. The Sponsor's Portion (Units) 20,000,000, Pre IPO Placement Portion (Units) 80,000,000, Public Offer (Units) 100,000,000 and Size of the Fund (Units) 200,000,000

RACE Management PCL is Asset Manager while Trustee is Bangladesh General Insurance Company Limited.

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