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Saturday, 24 September, 2022
শনিবার, ২৪ সেপ্টেম্বর, ২০২২
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Bank Details

A/C: Capital Market Stabilization Fund

Account No. 0010311521301

Bank: Community Bank Bangladesh Limited,
CORPORATE BRANCH [001]

Branch Address: Police Plaza Concord (Level-5,
Tower-2), Plot-2, Road – 144, Dhaka-1212

Routing Number: 310261726

Press Release Photo

Ring the Bell Ceremony of ‘ICB AMCL CMSF Golden Jubilee Mutual Fund’ and Investors’ Claim Settlement Program

20 September 2022

Media Release for the Event on “ Ring the Bell Ceremony of ‘ICB AMCL CMSF Golden Jubilee Mutual Fund’ and Investors’ Claim Settlement Program”

Capital Market Stabilization Fund (CMSF) has settled the claim of Mr. Saif Imam, son of Shaheed Janani Jahanara Imam . Mr. Imam received the due amount for his shares along with the shares of his late mother Shaheed Janani Jahanara Imam, and his elder brother Shafi Imam Rumi. Moreover, CMSF introduced a new Mutual Fund in the capital market through the same program titled “Ring the Bell Ceremony of ‘ICB AMCL CMSF Golden Jubilee Mutual Fund’ & Investors’ Claim Settlement Program” held on 20 September  (Tuesday), 2022 at 06.00 P.M. at Ruposhi Bangla Grand- Ballroom-2, Hotel InterContinental Dhaka.

The program has been adorned by Professor Shibli Rubayat-Ul-Islam, Chairman, Bangladesh Securities & Exchange Commission (BSEC) as the Chief Guest, where Mr. Md. Nojibur Rahman, Chairman, CMSF and Former Principal Secretary to the Honorable Prime Minister was the chair of the event. It is mentionable that, the Special Guests of the program were Dr. Shaikh Shamsuddin Ahmed, Commissioner, BSEC, Dr. Mizanur Rahman, Commissioner, BSEC, and Mr. Md. Eunusur Rahman, Chairman, Dhaka Stock Exchange Ltd. (DSE)

Through the event, CMSF along with other stakeholders completed the ring the bell ceremony of ‘ICB AMCL CMSF Golden Jubilee Mutual Fund’ and started trading officially. Also, CMSF settled claims worth BDT.  7,051,702.83 in the same event.

The Board of Governors (BOG) members and Management Committee members of CMSF, Officials from BSEC, DSE, CSE, CDBL, sICB, BRAC Bank, BGIC, and other dignitaries were present at the event. Distinguished representatives affiliated with mutual funds were also present at the event.

CMSF and ICB Asset Management Company Limited (ICB AMCL) launched the fund to celebrate the Golden Jubilee of Independence of Bangladesh where CMSF and ICB AMCL are the Sponsors, BRAC Bank is the Custodian, and Bangladesh General Insurance Company (BGIC) is the Trustee. It is mentionable that ICB AMCL is also the Fund Manager of the Fund.

The soft-launching of this fund took place on 29th December, 2021 where hon’ble Minister of Posts, Telecommunications & Information Technology Mr. Mustafa Jabbar graced the event as the Chief Guest. The objective of the Fund is to channelize the savings of small and medium size savers into commerce and industry for the rapid growth of the country’s economy and to provide maximum possible risk-adjusted returns to the Unit Holders. The Prospective investors will be individuals, institutions, Non-resident Bangladeshi (NRB), mutual funds, and collective investment schemes to invest in this Fund.

Now CMSF has become an integral part of the capital market of Bangladesh by providing timely liquidity support and coming with a product like ICB AMCL CMSF Golden Jubilee Mutual Fund.

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