Kathmandu. Global IME Capital Limited is going to launch a unit of “Global IME Promotion Plan 2” from July 15. The scheme will initially start with a fund size of Rs 1.2 billion and can be expanded by a maximum of 25 percent to Rs 1.5 billion. <\/p>\n
The scheme aims to provide long-term benefits to investors by managing risk in a balanced manner by investing in equity and fixed income instruments. <\/p>\n
The scheme has been fully implemented as per the Mutual Fund Regulations 2067, which ensure transparency, investor protection and proper fund management. <\/p>\n
Main attributes<\/strong><\/span><\/p>\n Type of plan: Closed-ended plan<\/p>\n Fund Name: Global IME Mutual Fund<\/p>\n Scheme Name: Global IME Promotion Scheme 2<\/p>\n Fund size: Initial Rs 1.20 billion (up to Rs 1.50 billion in case of high demand)<\/p>\n Per unit price: Rs 10<\/strong><\/span><\/p>\n Units to be issued to the general public: 12 crore units<\/p>\n Minimum investment: 100 units<\/p>\n Maximum investment: 10% of the plan i.e. 1.20 crore units<\/p>\n Plan Period: 10 years from unit allotment date<\/p>\n Dividend policy: Distribution from profits received, reinvestment of remaining amount<\/p>\n Listing: Listed on Nepal Stock Exchange<\/p>\n Initial investment: 15 percent (fund sponsors and managers)<\/p>\n Management fee: 1.50% of net asset value<\/p>\n Depository fee: 0.20% of net asset value<\/p>\n investment mix<\/strong><\/span><\/p>\n Equity: Equity related means: 70-90 percent (high risk)<\/p>\n Bond: Fixed income sources: 0\u201310 percent (medium risk)<\/p>\n Fixed deposits 0\u201310 percent (low risk)<\/p>\n Cash IPO Other mutual funds 0\u201310 percent (low risk)<\/p>\n Reasons to invest<\/strong><\/span><\/p>\n Business management<\/p>\n Diversification<\/p>\n Ease and accessibility<\/p>\n Cheap investment<\/p>\n Transparency<\/p>\n Tax exemption<\/p>\n Investor protection<\/p>\n Investment return<\/strong><\/span><\/p>\n Capital has projected an annual average return of 22.49 percent. According to this, the unit owners of this scheme will get a total return of 224.96 percent in 10 years. <\/p>\n The projected internal return rate is estimated at 16.88 per cent. Capital has projected to distribute 8 percent to 20 percent dividend to the unit owners of this scheme for the first nine years. <\/p>\n There are currently two schemes in operation under the Global IME Mutual Fund. Out of this, The Advanced Plan 1 has distributed 104 percent dividend in seven years and 10 percent. 16 percent fund buyback has been given. Similarly, the 10-year Global IME Balanced Fund 1 has a fund size of Rs 1.025 billion. <\/p>\n Global IME Capital Limited is the manager of this scheme. This capital is nepal’s first pure merchant banker established in 2008. This capital is a merchant banker licensed bank from the Securities Board of Nepal, in which Global IME Bank owns 81.50 percent. <\/p>\n In the unit of this scheme, investors can apply from all aswa member banks and financial institutions and their designated branch offices approved by the Securities Board. <\/p>\n Apart from this, they can also apply through C-ASWA system using the software ‘Mero Share’ created by CDS and Clearing Limited online. <\/p>\n Credit rating company ICRA Nepal has given ICRA NP Issuer Rating A minus to the fund promoter and IRN AMC Quality 3 Plus rating to the scheme manager by Infomerics Credit Rating.<\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. Global IME Capital Limited is going to launch a unit of “Global IME Promotion Plan 2” from July 15. The scheme will initially start with a fund size of Rs 1.2 billion and can be expanded by a maximum of 25 percent to Rs 1.5 billion. The scheme aims to provide long-term benefits to […]<\/p>\n","protected":false},"author":9,"featured_media":260185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45137,45159],"tags":[],"class_list":["post-260187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-fund-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/260187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=260187"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/260187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/260185"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=260187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=260187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=260187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}