The New Nation - Internet Edition

ECONOMIC REPORT

The Asset Management Company Ltd (AMCL), a subsidiary of the Investment Corporation of Bangladesh (ICB), declared the net asset values (NAVs) of eight mutual funds certificates recently.

The NAVs were based on the market prices at the close of operation that ended on January 31.

The first ICB Mutual Fund stood at Tk 3521.27 on the basis of its face value of Tk 100 and second ICB Mutual Fund at Tk 789.33 against the face value of Tk 100.

However, the third ICB Mutual Fund stood at Tk 719.82 against the face value of Tk 100, fourth ICB Mutual at Fund Tk 868.66 against the face value of Tk 100, fifth ICB Mutual Fund at Tk 951.18 against the face value of Tk 100.

On the other hand, sixth ICB Mutual Fund stood at Tk 323.66 on the face value of Tk 100, seventh ICB Mutual Fund at Tk 498.05 against the face value of Tk 100 and eighth ICB Mutual Fund at Tk 373.99 against the face values of the Tk 100.00.