Funds Under Management
Open Ended Funds
With the successful track record of managing closed end mutual funds, VIPB Asset Management has started managing open ended mutual funds in 2016. The company's first open ended mutual fund, VIPB Accelerated Income Unit Fund was launched in July 2016. The company reflected the success story in managing open ended fund and got remarkable investor responses. On that positive note, the company started the process of launching another open ended mutual fund named as VIPB Growth Fund. Recently this new fund has got regulatory approval. The company is determined to continue its successful performance in this fund as well.
VIPB NLI 1st Unit Fund
Fund Facts
Nature : Open-ended Mutual Fund
Inception : September, 2022
Sponsor : National Life Insurance Company Limited
Trustee : Investment Corporation of Bangladesh
Custodian : Investment Corporation of Bangladesh
Auditor : Hoda Vasi Chowdhury & Co. Chartered Accountants
Dividend : Minimum 70% realized income of the Fund will be distributed as dividend.
Distribution : The dividend will be distributed within 45 days from the date of declaration.
Documents
- Abridged Prospectus
- Full Prospectus
- Vetted Prospectus
- Investment Management Agreement
- Registration Certificate
- BSEC Consent Letter
- Trust Deed
VIPB SEBL 1st Unit Fund
Fund Facts
Nature : Open-ended Mutual Fund
Inception : December, 2021
Sponsor : Southeast Bank Limited
Trustee : Investment Corporation of Bangladesh
Custodian : Investment Corporation of Bangladesh
Auditor : Zoha Zaman Kabir Rashid & Co.
Dividend : Minimum 70% realized income of the Fund will be distributed as dividend.
Distribution : The dividend will be distributed within 45 days from the date of declaration.
Documents
- Abridged Prospectus
- Full Prospectus
- Vetted Prospectus
- Investment Management Agreement
- Registration Certificate
- BSEC Consent Letter
- Trust Deed
VIPB Balanced Fund
Fund Facts
Nature : Open-ended Mutual Fund
Inception : December, 2020
Sponsor : VIPB Asset Management Company Limited
Trustee : Sandhani Life Insurance Company Limited
Custodian : BRAC Bank Ltd.
Auditor : Hoda Vasi Chowdhury & Co.
Dividend : Minimum 70% realized income of the Fund will be distributed as dividend.
Distribution : The dividend will be distributed within 45 days from the date of declaration.
Documents
- Abridged Prospectus
- Full Prospectus
- Vetted Prospectus
- Investment Management Agreement
- Registration Certificate
- BSEC Consent Letter
- Trust Deed
VIPB Growth Fund
Fund Facts
Nature : Open-ended Mutual Fund
Inception : April, 2018
Sponsor : VIPB Asset Management Company Limited
Trustee : Sandhani Life Insurance Company Limited
Custodian : BRAC Bank Ltd.
Auditor : Hoda Vasi Chowdhury & Co.
Dividend : Minimum 70% realized income of the Fund will be distributed as dividend.
Distribution : The dividend will be distributed within 45 days from the date of declaration.
Documents
- Abridged Prospectus
- Full Prospectus
- Vetted Prospectus
- Investment Management Agreement
- Registration Certificate
- BSEC Consent Letter
- Trust Deed
VIPB Accelerated Income Unit Fund
Fund Facts
Nature : Open-ended Mutual Fund
Inception : July, 2016
Sponsor : VIPB Asset Management Company Limited
Trustee : Investment Corporation of Bangladesh (ICB)
Custodian : Investment Corporation of Bangladesh (ICB)
Auditor : Ahmad & Akhtar Chartered Accountants
Dividend : Minimum 70% realized income of the Fund will be distributed as dividend.
Distribution : The dividend will be distributed within 45 days from the date of declaration.
Documents
- Abridged Prospectus
- Full Prospectus
- Vetted Prospectus
- Investment Management Agreement
- Registration Certificate
- BSEC Consent Letter
- Trust Deed