Funds Under Management
Open Ended Funds
Continuing the successful track record of managing closed-end mutual funds, VIPB 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 is now manages 6 open-ended mutual funds.
VIPB SEBL 1st Unit Fund
Fund Facts
Nature: Open-ended Mutual Fund (duly converted from previously closed-end fund SEBL1STMF)
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 NLI 1st Unit Fund
Fund Facts
Nature: Open-ended Mutual Fund (duly converted from previously closed-end fund NLI1STMF)
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 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
Custodian: Investment Corporation of Bangladesh
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
VIPB Growth Fund
[SIP Available]
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 Balanced Fund
[SIP Available]
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 Fixed Income Fund
[SIP Available]
Fund Facts
Nature: Open-ended Mutual Fund (predominantly focused on high quality fixerd income securities)
Inception: July, 2024
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.