Units of two mutual funds, Sanima Equity Fund-2 (SAEF2) and LS Horizon 12 (LSH12), have been listed on NEPSE, and their secondary market trading is set to begin tomorrow, Shrawan 21.
Two collective investment funds, commonly known as mutual funds, have completed their listing agreements on the Nepal Stock Exchange (NEPSE). These funds are ‘Sanima Equity Fund-2 (SAEF2)’ and ‘LS Horizon 12 (LSH12)’.
Sanima Equity Fund-2 (SAEF2) Listing Details
According to NEPSE, a listing agreement was signed on Shrawan 20 between NEPSE and Sanima Capital Limited for ‘Sanima Equity Fund-2 (SAEF2)’. This fund includes 12 crore 50 lakh units, each having a face value and paid-up value of Rs. 10. All 12 crore 50 lakh units, which were previously offered to the public through Sanima Capital, have been distributed. Following this, fund was listed on NEPSE based on a decision made on Shrawan 18, in compliance with the Securities Listing Regulations, 2075.
LS Horizon 12 (LSH12) Listing Details
Similarly, a listing agreement also completed between NEPSE and Laxmi Sunrise Capital Limited for ‘LS Horizon 12 (LSH12)’. This fund consists of 15 crore units, each valued at Rs. 10 as both its face value and paid-up value. After all 15 crore units, issued to the public, were distributed, this fund also got listed on NEPSE based on the decision of Shrawan 18.
Secondary Market Trading and RTS Service
Now, secondary market trading for both ‘Sanima Equity Fund-2 (SAEF2)’ and ‘LS Horizon 12 (LSH12)’ will commence from Shrawan 21. For services like maintaining records of unit holders and their transactions, known as RTS (Registrar to Shares) service, Sanima Capital Limited will provide it for Sanima Equity Fund-2. Laxmi Sunrise Capital Limited will offer the RTS service for LS Horizon 12.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
