CWT Emerging Bangladesh First Growth Fund (CWTEBFGF)

Fund Highlights

Fund CWT Emerging Bangladesh First Growth Fund (CWTEBFGF)
Type Open-End Mutual fund
Life and Size of the Fund Perpetual life and unlimited size
Sponsor CWT Asset Management Company Ltd. (CWTAMC)
Asset Manager CWT Asset Management Company Ltd. (CWTAMC)
Trustee Sandhani Life Insurance Company Limited
Custodian BRAC Bank Limited
Initial Size of the Fund BDT 10,00,00,000 (Taka Ten Crore) divided into 1,00,00,000 (One Crore) Units of BDT 10 (Taka Ten) each
Face Value BDT 10 (Taka ten) per Unit
Nature Open end Mutual Fund with unlimited size
Objective The objective of the CWT Emerging Bangladesh First Growth Fund is to generate growth of capital, with a secondary objective of current income through optimizing asset allocation in capital market and money market within regulatory framework.
Minimum Application Amount BDT 1,000 per application (100 Units) for individuals and SIP investors, and BDT 50,000 per application (5,000 Units) for institutions.
Transparency NAV will be calculated on a weekly basis and shall be published on the web-site of the Fund manager (www.cwtamc.com) and as prescribed in the Rule.
Target Group Individuals –both resident and non-resident, institutions–both local and foreign, mutual funds and collective investment schemes are eligible to subscribe the Units of the Fund.
Dividend Minimum fifty (50) percent of realized income of the Fund will be distributed as dividend in Bangladeshi Taka in each accounting year.
Tax Benefit a. Income from a mutual fund or a unit fund up to BDT 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 from Tax.
Encashment The Unit holders can surrender and can encash their Units to the Asset Manager and through the authorized selling agents appointed by the Asset Manager. The Asset Manager or selling agent shall be liable to re-purchase the units on behalf of Fund.
Transferability The Units of the Fund are transferable by way of inheritance/ gift and/ or by specific operation of the law.
Prospectus, 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 on the asset management company’s website (www.cwtamc.com).
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 cultivate 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.

Fund Documents

Forms

General

NAV Archive

Validity Date Publishing Date NAV Sale Price Repurchase Price DSEX INDEX
18-08-2019 to 21-08-2019 18-08-19 10.03 10.00 10.00 5201.42
25-08-2019 to 28-08-2019 25-08-19 10.03 10.00 10.00 5236.85
01-09-2019 to 04-09-2019 01-09-19 10.04 10.00 10.00 5095.78
08-09-2019 to 11-09-2019 08-09-19 10.03 10.00 10.00 5013.02
15-09-2019 to 18-09-2019 15-09-2019 10.04 10.00 10.00 4933.89
22-09-2019 to 25-09-2019 22-09-2019 10.01 10.00 10.00 4,855.99
29-09-2019 to 02-10-2019 29-09-2019 10.04 10.04 10.04 4968.47
06-10-2019 to 09-10-2019 06-10-2019 10.03 10.03 10.03 4937.82
13-10-2019 to 16-10-2019 13-10-2019 10.00 10.00 10.00 4810.22
20-10-2019 to 23-10-2019 20-10-2019 10.01 10.01 10.01 4771.00
27-10-2019 to 30-10-2019 27-10-2019 9.98 9.98 9.98 4772.00
03-11-2019 to 06-11-2019 03-11-2019 9.83 9.83 9.83 4682.90
11-11-2019 to 13-11-2019 11-11-2019 9.92 9.92 9.92 4771.92
17-11-2019 to 20-11-2019 17-11-2019 9.91 9.91 9.91 4710.37
24-11-2019 to 27-11-2019 24-11-2019 9.89 9.89 9.89 4706.67
01-12-2019 to 04-12-2019 01-12-2019 9.95 9.95 9.95 4731.44
08-12-2019 to 11-12-2019 08-12-2019 9.91 9.91 9.91 4671.34
15-12-2019 to 18-12-2019 15-12-2019 9.91 9.91 9.91 4514.45
22-12-2019 to 25-12-2019 22-12-2019 9.85 9.85 9.85 4456.84
29-12-2019 to 01-01-2020 29-12-2019 9.80 9.80 9.80 4418.84
05-01-2020 to 08-01-2020 05-01-2020 9.78 9.78 9.78 4459.29
12-01-2020 to 15-01-2020 12-01-2020 9.63 9.63 9.63 4197.39
19-01-2020 to 22-01-2020 19-01-2020 9.58 9.58 9.50 4149.83
26-01-2020 to 29-01-2020 26-01-2020 9.79 9.79 9.69 4513.89
02-02-2020 to 05-02-2020 02-02-2020 9.73 9.73 9.63 4469.66
09-02-2020 to 12-02-2020 09-02-2020 9.71 9.71 9.61 4452.96
16-02-2020 to 19-02-2020 16-02-2020 9.60 9.60 9.50 4564.61
23-02-2020 to 26-02-2020 23-02-2020 9.91 9.91 9.81 47733.14
01-03-2020 to 04-03-2020 01-03-2020 9.64 9.64 9.54 4480.23
08-03-2020 to 11-03-2020 08-03-2020 9.53 9.53 9.43 4391.11
15-03-2020 to 18-03-2020 15-03-2020 9.27 9.27 9.17 4129.96
22-03-2020 to 25-03-2020 22-03-2020 9.17 9.17 9.07 3974.96
31-05-2020 to 03-06-2020 31-05-2020 9.17 9.17 9.07 4008.29
07-06-2020 to 10-06-2020 07-06-2020 9.22 9.22 9.12 3953.39
14-06-2020 to 17-06-2020 14-06-2020 9.25 9.25 9.15 3967.31
21-06-2020 to 24-06-2020 21-06-2020 9.25 9.25 9.15 3960.58
28-06-2020 to 01-07-2020 28-06-2020 9.23 9.23 9.13 3969.28
05-07-2020 to 08-07-2020 05-07-2020 9.23 9.23 9.13 3986.74
26-07-2020 to 29-07-2020 26-07-2020 9.32 9.32 9.22 4080.94
03-08-2020 to 05-08-2020 03-08-2020 9.81 9.81 9.71 4,212.57
09-08-2020 to 12-08-2020 09-08-2020 10.40 10.40 10.30 4364.86
16-08-2020 to 19-08-2020 16-08-2020 10.83 10.83 10.83 4703.32
23-08-2020 to 26-08-2020 23-08-2020 10.91 10.91 10.91 4794.07
31-08-2020 to 02-09-2020 31-08-2020 11.54 11.54 11.54 4873.18
06-09-2020 to 09-09-2020 06-09-2020 11.49 11.49 11.49 4927.82
13-09-2020 to 16-09-2020 13-09-2020 11.63 11.63 11.63 5011.30
20-09-2020 to 23-09-2020 20-09-2020 11.77 11.77 11.77 5104.65
27-09-2020 to 30-09-2020 27-09-2020 11.47 11.47 11.47 4978.78
04-10-2020 to 07-10-2020 04-10-2020 11.92 11.92 11.92 4995.32
11-10-2020 to 14-10-2020 11-10-2020 11.83 11.83 11.83 4916.97