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  Trading of DBH First Mutual Fund starts
  Date: 7th February, 2010
  Description:
 

Transaction of the DBH First Mutual Fund unit starts from February 07, 2010 in both the Stock Exchanges of the country. DBH the leading home loan provider Financial Institution sponsored the DBH First Mutual Fund to extend its role to the capital market of the country.

 

IPO of DBH First Mutual Fund was oversubscribed by about 13 times. A total of Tk. 530 crore was deposited against Tk. 40 crore public subscription which was the largest ever subscription for a mutual fund public offering in Bangladesh.

 

LR Global Bangladesh Ltd. is the Asset Manager of DBH First Mutual Fund which has a long history of deep and extensive experience in investments in frontier countries including Bangladesh.

 

Bangladesh General Insurance Co. Ltd (BGIC) is the Trustee of the DBH First Mutual Fund and Standard Chartered Bank is the Custodian of the Fund.

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