Upon completion of its 10-year tenure as a closed-end mutual fund, Southeast Bank 1st Mutual Fund, has been successfully converted into an open-ended mutual fund namely, VIPB SEBL 1st Unit Fund.
We have successfully launched VIPB Balanced Fund, our third open-ended mutual fund with an initial size of BDT 100 million.
We have successfully launced VIPB Growth Fund, the second open-ended mutual fund managed by us with an initial size of BDT 200 million.
VIPB Asset Management adopted CFA Institute Asset Manager Code of Professional Conduct in June 2017.
The company has launched VIPB Accelerated Income Unit Fund, our very first open-ended mutual fund with an initial size of BDT 200 million.
Bangladesh Securities and Exchange Commission has awarded license to VIPB Asset Management as an Alternative Fund Manager.
We launched our second closed-end mutual fund namely, NLI First Mutual Fund, with an initial size of BDT 500 million.
VIPB Asset Management launched its first closed-end mutual fund namely, Southeast Bank 1st Mutual Fund, with an initial size of BDT 1,000 million.
• VIPB Asset Management received its Certificate of Incorporation from the Registrar of Joint Stock Companies & Firms, Bangladesh.
• Bangladesh Securities and Exchange Commission awarded license to VIPB Asset Management as an Asset Manager.