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 scheme 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 the remaining amount<\/p>\n Listing: Listed on The Nepal Stock Exchange <\/p>\n Initial investment: 15 percent (fund sponsor and manager)<\/p>\n Management fee: 1.50 percent 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 Bonds: Fixed income sources: 0\u201310 percent (moderate 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, while the scheme manager has been rated as IRN AMC Quality 3 Plus by Infomerics Credit Rating. \u0964 <\/p>\n<\/div>\n