2024-09-27 06:03:26
The trustee committees of four mutual funds listed in the mutual fund sector of the capital market have decided not to pay dividends to unitholders. The Trustee Committee of the four Funds has taken this decision after reviewing the audited financial report for the financial year ended June 30, 2024.
The mutual funds are Popular Life First Mutual Fund, PHP First Mutual Fund, EBL NRB Mutual Fund and AB Bank First Mutual Fund.
On Wednesday (September 25), Dhaka and Chittagong Stock Exchange (DSE-CSE) said this information.
Earlier on Tuesday (September 24) this decision was taken after reviewing the audited financial report of the year discussed in the meeting of the Trustee Committee of the two funds.
Popular Life First Mutual Fund: During the financial year under review the loss per unit (EPU) of the fund was Rs.(1.17). Profit per unit was Rs.0.01 in the corresponding period of the previous financial year. Net operating cash flow per unit (NOCFPU) of the fund stood at Tk 0.0025. NOCFPU was Rs 0.18 in the corresponding period of the previous financial year. The fund’s net asset value per unit (NAVPU) as per market price is Rs 8.23. The fund’s dividend declaration record date is set for October 16 this year.
PHP First Mutual Fund: Loss per unit (EPU) of the fund during the financial year under review was Rs.(1.87). The loss per unit was Rs.(0.05) during the corresponding period of the previous financial year. The fund’s negative net operating cash flow per unit (NOCFPU) stood at Rs (0.02). NOCFPU was Rs 0.41 in the corresponding period of the previous financial year. As per the market price, the fund’s net asset value per unit (NAVPU) is Rs 8.15. The fund’s dividend declaration record date is set for October 16 this year.
EBL NRB Mutual Fund: Loss per unit (EPU) of the fund during the financial year under review was Rs.(1.93). The profit per unit was Rs.0.06 in the corresponding period of the previous financial year. The fund’s net operating cash flow per unit (NOCFPU) stood at Rs 0.11. NOCFPU was Rs 0.67 in the corresponding period of the previous financial year. The fund’s net asset value per unit (NAVPU) is Rs 8.25 as per the market price. The fund’s dividend declaration record date is set for October 16 this year.
AB BANK FIRST MUTUAL FUND: During the financial year under review, the loss per unit (EPU) of the fund was Rs.(1.37). The profit per unit was Rs.0.06 in the corresponding period of the previous financial year. Net operating cash flow per unit (NOCFPU) of the fund stood at Tk 0.08. NOCFPU was Rs.0.47 in the corresponding period of the previous financial year. As per the market price, the fund’s net asset value per unit (NAVPU) is Rs 8.69. The fund’s dividend declaration record date is set for October 16 this year.
In view of this corporate announcement, there will be no price limit for unit transactions of the four mutual funds on this day.