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Major Events |
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Prime Finance Asset Management Company Limited received license from BSEC
- Prime Fianance Asset Management Company Limited started it's journey by receiving the license from BSEC on March 18 2009.
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Prime Finance Asset Management Company Limited launched the first ever Open ended Mutual Fund
- The first ever private sector open end mutual fund, Prime Financial First Unit Fund has been launched on September 26 2010. Chairman of Securities and Exchange Commission (SEC) Mr. Md. Ziaul Haque Khondokar was the chief guest in the launching ceremony held in a city hotel, which was also attended by top functionaries of the country's stock market.
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Trust deed of Rupali Life Insurance First Mutual Fund is signed
- Rupali Life Insurance and Bangladesh General Insurance Company (BGIC) signed a trust deed on 23 October 2010 to launch 'Rupali Life Insurance First Mutual Fund', a close end mutual fund.
Earlier, the Securities and Exchange Commission approved this Tk 100 crore fund, sponsored by Rupali Life.
Prime Finance Asset Management Company Ltd. is the asset manager of the fund.
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Trust deed of Prime Finance Second Mutual Fund is signed
- Trust deed of Prime Finance Second Mutual Fund was signed between Prime Finance and Investment Ltd. and Investment Corporation of Bangladesh (ICB) on 10 November 2010.
This is the second mutual fund sponsored by Prime Finance and Investment Ltd. The size of the fund will be Tk 1 billion. Prime Finance Asset Management Company Ltd. will serve as the asset manager for the fund
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Conversion of Rupali Life Insurance First Mutual Fund
- Rupali Life Insurance and Bangladesh General Insurance Company (BGIC) on 18 December 2013 decided to convert Rupali Life Insurance First Mutual Fund into an open end fund. This fund was registered with BSEC on 27 January 2014.
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Conversion of Prime Finance Second Mutual Fund (under process)
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