Bangladesh Finance and Investment Company Limited (BD Finance) and Bangladesh General Insurance Company Limited (BGIC) will sign a Mamoranum of Understanding (MoU) on ‘Vanguard AML BD Finance Mutual Fund One’ on Monday.Vanguard AML BD Finance Mutual Fund One is a closed-end scheme whose investment objective is to generate consistent and stable returns for the unit holders by minimizing investment risk.
This fund will also help the capital market and increase the market capitalization, said a DCCI release on Sunday.
The signing ceremony will be held at 12 noon at Dhaka Chamber of Commerce and Industry (DCCI) auditorium in the city.
BD Finance managing director and CEO Mafliuddin Sarker and BGIC managing director AK Azizul Huq Choudhury (as Trustee of the fund) will sign the trust deed agreement for their respective organizations.
Anwar Group chairman Anwar Hossain, BD Finance chairman Monwar Hossain, BD Finance vice chairman, Hossain Khaled, Investment Corporation of Bangladesh (ICB) managing director M Fayekuzraman, BRAC Bank managing director & CEO Syed Mahbubur Rahman will be present at the signing ceremony. – UNB
