The deadline to apply for the closed-end mutual fund “Global IME Samunnat Yojana–2,” managed by Global IME Capital, has been extended until Shrawan 4. The scheme offers a projected annual return of 22.49%.
Global IME Capital has extended the application deadline for its closed-end mutual fund scheme, “Global IME Samunnat Yojana–2,” until Shrawan 4. Originally, the deadline was set for Asar 25. This mutual fund scheme starts with a fund size of Rs. 1.20 arba, which can be expanded up to Rs. 1.50 arba.
Priced at Rs. 10 per unit, the scheme allows applicants to apply for a minimum of 100 units and a maximum of 1.20 crore units. The scheme has a duration of 10 years and will be listed on the Nepal Stock Exchange (NEPSE).
Global IME Capital has projected an average annual return of 22.49% for the scheme, with an internal rate of return (IRR) of 16.88%. The investment allocation strategy includes 70–90% in equities, 0–10% in bonds and fixed deposits, and 0–10% in cash and other mutual funds.
The scheme is managed by Global IME Capital, Nepal’s first merchant banker. Applications can be submitted through the C-ASBA system or via Meroshare. The scheme manager and promoter have received a credit rating of “A Minus” and an AMC Quality rating of “3 Plus.”
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
