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fund synopsis

Features Description
Name of the Fund Ekush Growth Fund
Nature Open-end Growth Fund
Life & size of the Fund Perpetual life and unlimited size
Sponsor & Asset Manager Ekush Wealth Management Limited
Trustee Sandhani Life Insurance Company Limited
Custodian BRAC Bank Limited
Initial Size of the Fund Tk. 25,00,00,000.00 (Taka Twenty Five crore) divided into 2,50,00,000 (Two crore Fifty Lac) Units of Tk. 10 (Taka Ten) each.
Face value Tk. 10 (Taka Ten) per Unit
Objective The objective of the “Ekush Growth Fund” is to achieve superior risk-adjusted-return in forms of capital appreciation and income and to provide reasonable dividend payments to the unit holders.
Minimum Application Amount Tk. 5,000.00/- per application (500 Units) for individuals Tk. 50,000.00/- per application (5,000 Units) for institutions Not applicable for SIP investors.
Dividend Minimum 50 (fifty) percent of realized income of the Fund will be distributed as dividend in Bangladeshi Taka in each accounting year.
Dividend Distribution The dividend warrant will be distributed within 45 (forty-five) days from the date of declaration.
Transferability The Units of the Fund are transferable by way of inheritance/ gift and/ or by specific operation of law
Surrender and Encashment The Unit holders can surrender and encash their Units to the Asset Manager and through the authorized selling agents appointed by the Asset Manager. The Asset Manager shall be liable to re-purchase the units on behalf of Fund.
Tax Benefit a) Income from a mutual fund or a unit fund up to tk, 25,000.00 (Twenty-Five Thousand) is exempted from tax under Income Tax Ordinance 1984 b) Investment in the Unit Fund would qualify for investment tax credit under section 44(2) of the Income Tax Ordinance. c) The income of the Fund will also be exempted form Tax.
Reports and Accounts Every Unit holder is entitled to receive annual report along with the yearly and half-yearly statements of accounts as and when published from the website (www.ekushwml.com). Every Unit holder will also get quarterly statements of portfolio in Ekush’s official website.
Systematic Investment Plan (SIP) Facility Systematic Investment Plan or SIP allows investor to invest a certain pre-determined amount at a regular interval (monthly, quarterly, yearly etc.). A SIP is a planned approach towards investments and helps to inculcate the habit of saving and building wealth for the future. Investor can start SIP with a very small amount that is minimum BDT 1,000.

Portfolio Statement

Document Name File
Portfolio as on March 31, 2022 Download Now
Portfolio as on June 30, 2022 Download Now
Portfolio as on September 30, 2020 Download Now
Portfolio as on December 31, 2022 Download Now
Portfolio as on March 31, 2023 Download Now
Portfolio as on June 30, 2023 Download Now

Financial Statement

Document Name File
Financial Statement as on March 31, 2022 (Un-audited) Download Now
Financial Statement as on June 30, 2022 (Un-audited) Download Now
Financial Statement as on September 30, 2022 (Un-audited) Download Now
Financial Statement as on December 31, 2022 (Audited) Download Now
Financial Statement as on March 31, 2023 (Un-audited) Download Now
Financial Statement as on June 30, 2023 (Un-audited) Download Now

Formation Documents

Document Name File
Certificate Download Now
Custodian Agreement Download Now
Prospectus Download Now
Trust Deed Download Now