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IDLC ASSET MANAGEMENT SHARIAH FUND

INVESTMENT OBJECTIVE

To generate profit by investing in a portfolio of Shariah compliant securities, vetted by the Shariah Advisory Board. The fund intends to deliver the profit among the investors in the form of dividend as well as capital appreciation, strictly adhering to the Shariah principles.


RELATED PARTIES

Sponsor: IDLC Asset Management Limited (IDLC AML)

Asset Manager: IDLC Asset Management Limited (IDLC AML)

Trustee: Investment Corporation of Bangladesh (ICB)

Custodian: BRAC Bank Limited


RISK SCALE

LOW

MODERATELY LOW

MODERATE

MODERATELY HIGH

HIGH

EXIT AND ENTRY LOAD

Exit Load: Units surrendered in less than 90 calendar days of purchase will get 3% less (Exit Load) than the published “Investor’s Sale Price”.  For IDLC SIP Investors, 90 calendar days will be calculated from 1st installment date

Entry Load: 0%


DIVIDEND POLICY

Minimum 70% of realized income of the Fund will be distributed as dividend in Bangladeshi Taka only at the end of each accounting year.



LATEST NAV

NAV as on 14th September, 2021

12.33

FUND PERFORMANCE

RETURN OF THE FUND

Since Inception YTD
IDLC AML Shariah Fund 40.7% 11.9%
DSES 56.5% 28.2%

IDLC AML Shariah Fund has generated a return of 40.7% (20.8% annual return) since inception. Accordingly if you had invested BDT 100,000 at inception, it would have been BDT 1,40,710 as of today.

RETURN OF THE FUND COMPARED TO DSES

DIVIDEND HISTORY



Year Cash Dividend
- 14%

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