Investment Management - Dhaka, Dhaka Division, Bangladesh
This is a BDT 500 Million only fund divided into 5,00,00,000 units of BDT 10 each., actively investing in accordance with SEC (Mututal Fund), Dhaka Stock Exchange, filed with Bangladesh Securities and Exchange Commission of Bangladesh.The Issue/Fund has been placed in "A" category. The Fund is live in both the Stock Exchanges. SEML Lecture Equity Management Fund has been constituted through a Trust Deed entered into between Lecture Publications Limited and Bangladesh General Insurance Co. Ltd. (BGIC) on July 12, 2015 under the Trust Act, 1882 and Registration Act, 1908.Generally, investment in mutual funds enjoys some additional advantages compared to investments made directly in other securities of the capital market. Investors of this mutual fund should be able to enjoy the following advantages: Diversified portfolio, minimized risk Cost effective investment Enhanced liquidity Highly capable research team Favorable law High level of transparency and Other advantages: In Bangladesh, mutual funds enjoy a 10% (ten percent) reserved quota for all Initial Public Offerings (IPOs). Given the lack of supply of high‐quality scripts in the Bangladeshi stock market, IPOs in Bangladesh have historically performed very well relative to the market index and therefore, have been a major source of outperformance for the mutual fund industry in Bangladesh.The objective of SEML Lecture Equity Management Fund is to earn superior risk adjusted return by maintaining a diversified investment portfolio and provide attractive dividend payments to the unit‐holders.Considering other factors like the investment opportunities available in the market, return expectation, income level and consumption pattern, one may put only a limited portion of his/her total portfolio into the Fund.Strategic Equity Management Limited takes the investment decision and conducts the day‐to‐day management. The Pre-IPO investment was done by two scheduled top banks.