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Fund Name

EDGE High Quality Income Fund

NAV as on

31.12.2021

NAV per Unit (BDT)

10.00

Investor’s Buy Price (BDT)

10.00

Investor’s Sale Price (BDT)

*Sell and Surrender of units will remain BDT 10.00 until Initial Fund Size is raised.

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Fund Summary

Features

Description

Name of the FundEDGE High Quality Income Fund
NatureOpen end Mutual Fund
Life & size of the FundPerpetual life and unlimited size
Sponsor & Asset ManagerEDGE AMC Limited
TrusteeSandhani Life Insurance Company Limited
CustodianBRAC Bank Limited
Initial Size of the FundTk 25,00,00,000 (Taka Twenty Five Crore) divided into 2,50,00,000 (One Crore) Units of Tk. 10 (Taka Ten) each
Face valueTk. 10 (Taka Ten) per Unit
ObjectiveTo maximize total investment return with high safety and liquidity-balance by investing principally in a portfolio of fixed and floating rate debt (or fixed income generating) securities and debt obligations issued by government, government-related issuers or corporate entities or NGOs based in Bangladesh. The Fund will invest only in invest ment grade debt securities and may also invest in money market instruments, convertible bonds and initial public offerings (IPOS) of debt and equity securities
Minimum SubscriptionTk. 5,000/- per application (500 Units) for individuals
Tk. 50,000/- per application (5,000 Units) for institutions
Not Applicable for SIP investors
TransparencyNAV will be calculated on a weekly basis and shall be published on the website of the Fund manager (www. EDGEAMC.com) and as prescribed in the Rule
Target GroupIndividuals -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
DividendMinimum 70 (seventy) percent of realized income of the Fund will be distributed as Dividend in Bangladeshi Taka in each accounting year
Dividend DistributionThe dividend warrant will be distributed within 45 (forty-five) days from the date of declaration
TransferabilityThe Units of the Fund are transferable by way of inheritance/ gift and/ or by specific operation of law
Surrender and EncashmentThe Units holders can surrender and 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 the Fund
Tax Benefita) Income from a mutual fund or a unit fund up to tk, 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 form Tax

Fund Documents

MAILING ADDRESS

EDGE ASSET MANAGEMENT
Rupayan Prime, Unit B – 10 , House – 2, Road – 7, Dhanmondi, Dhaka – 1205, Bangladesh

Phone: +8801727 151503
E-mail: info@shazahan.info
Web: www.edgeamc.com

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