RULES & REGULATIONS REGARDING INVESTMENT AND OPERATION OF MUTUAL FUND

Investment Objective:

The Fund shall invest subject to the বিধিমালা and only in those securities, deposits and investments approved by the Bangladesh Securities and Exchange Commission and / or the Bangladesh Bank and / or the Insurance Development and Regulatory Authority (IDRA) of Bangladesh or any other competent authority in this regards.

Investment Liquidity:

All money collected under the Mutual Fund shall be invested only in encashable / transferable instruments, securities whether in money market or capital market or privately placed Pre-IPO equity shares, preference shares, debentures or securitized debts. The Mutual Fund shall get the securities purchased or transferred in the name of the Fund.

Investment Exposure:

The Fund shall not invest,

• Less than 60% (sixty percent) of the total assets in capital market instruments out of which at least 50% (fifty percent) shall be invested in listed securities.
• More than 25% (twenty five percent) of the total assets in shares, debentures or other securities in any one industry.
• More than 20% (twenty percent) of the total assets in shares, debentures or other securities of a single company or group.
• More than 15% (fifteen percent) of the total asset in Pre-IPOs at one time.
• More than 15% (fifteen percent) of any company’s total paid up capital.
• More than 10% (ten percent) of the total asset in any one particular company.

Investment Restriction:

• The Fund shall not invest in or lend to another Scheme under the same Asset Management Company
• The Fund shall not acquire any Asset out of Trust property, which involves the assumption of any liability that is unlimited or shall result in encumbrance of the Trust Property in any way.
• The Fund or the Asset Management Company on behalf of the Fund shall not give or guarantee term loans for any purpose or take up any activity in contravention of the বিধিমালা.
• The Fund can transfer investment from one scheme to another if –

The transfer of the listed securities is made in current market price through spot market

• The investment objective of the scheme (which receives the securities)matches with the transferred securities
• The Fund shall buy and sell securities on the basis of deliveries and shall, in all cases of purchases, take delivery of securities and in all cases of sale, deliver the securities on the respective settlement dates as per the custom and practice of the stock exchanges and shall in no case put itself in a position whereby it has to make short sale or carry forward transaction.
• The Fund shall not involve in option trading, short selling or carry forward transaction.
• The Fund shall not take any loan for investment purpose.
• The Fund shall not buy its own unit.

Investment Decision:

Only the Asset Management Company will make the investment decisions and place orders for securities to be purchased or sold for the Scheme's portfolio.