The New Nation - Internet Edition

BUSINESS REPORT

ICB Asset Management Company Ltd, a subsidiary of the Investment Corporation of Bangladesh (ICB), announced the Net Asset Value (NAV) of ICB AMCL Unit Fund and ICB AMCL Pension Holders' Unit Fund Thursday. It also announced the sale and the re-purchase prices of the two unit funds.

The NAV of ICB AMCL Unit Fund stood at Tk 59,89,40,390.75 on the basis of cost price and Tk 82,79,34,033.11 on the basis of market price at the close of business operation on March 24, 2008.

The NAV per unit stood at Tk 136.02 on the basis of cost price and Tk 188.02 on the basis of current market price on the same day against the face value of Tk 100.00 per unit after taking into consideration all assets and liabilities of the fund.

On the other hand, the sale and the re-purchase prices of the ICB AMCL Unit certificate have been re-fixed at Tk 191.00 and Tk 188.00 per unit respectively with effect from March 30, 2008.

The NAV of ICB AMCL Pension Holders' Unit Fund stood at Tk 7,23,95,589.52 on the basis of cost price and Tk 10,30,51,485.27 on the basis of market price at the close of business operation on the day.

The NAV per unit stood at Tk 118.24 on the basis of cost price and Tk 168.31 on the basis of current market price on the same day against the face value of Tk 100.00 per unit after taking into consideration all assets and liabilities of the fund.

The sale and the re-purchase prices of the 1CB AMCL Pension Holders' Unit certificate have been re-fixed at Tk 171.00 and Tk 168.00 per unit respectively with effect from March 30, 2008.