Common use of Investment Parameters Clause in Contracts

Investment Parameters. (a) The Fund shall invest in accordance with the provisions of the Rules and only in securities, deposits and investments approved by the Securities and Exchange Commission and/or the Bangladesh Bank and/or the Controller of Insurance of Bangladesh. (b) The Schemes of the Fund shall not invest more than 10% of its total assets in any one particular company. (c) The Schemes of the Fund shall not invest in more than 15% of any company’s paid-up capital. (d) The Schemes of the Fund shall not invest more than 20% in shares, debentures or other securities of a single company or group. (e) The Schemes of the Fund shall not invest more than 25% of its total assets in shares, debentures or other securities in any one industry. (f) Not less than 75% of the total assets of the fund will be invested in capital market instruments out of which at least 50 per cent will be invested in listed securities. (g) Not more than 25% of the total asset of the fund will be invested in Fixed Income Securities (FIS). (h) Not more than 15% of the Fund shall be invested in pre-IPOs at one time. (i) The Fund shall not invest in or lend to another scheme under the same Asset Management Company. (j) The Fund shall not acquire any asset out of the Trust property, which involves the assumption of any liability that is unlimited or shall result in encumbrance of the Trust property in any way. (k) The Fund or the ICB Asset Management Company Ltd. on behalf of the Fund shall not give guarantee or term loans for any purpose or take up any activity in contravention of the Rules. (l) All money collected under the Fund shall be invested only in encash able / transferable instruments, securities whether in money market or capital market or privately placed Pre-IPO equity, debentures or securitized debts. (m) The Asset Management Company on behalf of the Fund shall buy and sell securities on the basis of deliveries and shall, in all cases of purchases, take delivery of securities and in all cases of sale, deliver the securities on the respective settlement dates as per the custom and practice of the stock exchanges and shall in no case put itself in a position whereby it has to make short sale or carry forward transaction. (n) The Asset Management Company shall get the securities purchased or transferred in the name of the Fund. (o) The Fund shall not involve in option trading or short selling or carry forward transactions. (p) For listed securities, the average quoted market price on the stock exchanges on the date of valuation shall form the basis of any calculation of Net Asset Value of such securities in the portfolio of the Fund. (q) For securitized debts, debentures, margin or fixed deposits, the accrued interest on such instruments on the date of valuation shall be taken into account in any calculation of Net Asset Value of such securities in the portfolio of the Fund. (r) The Asset Management Company shall follow the method approved by the Commission for valuation of the non-traded investment, if any, and the Trustee shall periodically review the value of such investments. (s) The valuation of non-traded securities will be made with their reasonable value by the ICB Asset Management Company Ltd. and approved by the Trustee and commented upon by the Auditors in the Annual Report of the Unit Fund but shall not be more than the intrinsic value of the securities.

Investment Parameters. (a) The Fund shall invest in accordance with the provisions of subject to the Rules and only in securities, deposits and investments approved by the Securities and & Exchange Commission and/or the Bangladesh Bank and/or the Controller of Insurance of BangladeshBank. (b) The Schemes of the Fund shall not invest more than 10% of its total assets in any one particular company. (c) The Schemes of the Fund shall not invest in more than 15% of any company’s paid-paid- up capital. (d) The Schemes of the Fund shall not invest more than 20% in shares, debentures or other securities of a single company or group. (e) The Schemes of the Fund shall not invest more than 25% of its total assets in shares, debentures or other securities in any one industry. (f) Not less than 75% of the total assets of the fund will be invested in capital market instruments out of which at least 50 per cent will be invested in listed securities. (g) Not more than 25% of the total asset of the fund will be invested in Fixed Income Securities (FIS). (h) Not more than 15% of the total asset of the Fund shall be invested in pre-IPOs at one time. (i) The Fund shall not invest in or lend to another scheme under the same Asset Management Company. (j) The Fund shall not acquire any asset out of the Trust property, which involves the assumption of any liability that is unlimited or shall result in encumbrance of the Trust property in any way. (k) The Fund or the ICB Asset Management Company Ltd. on behalf of the Fund shall not give or guarantee or term loans for any purpose or take up any activity in contravention of the Rules. (l) All money collected under the Fund shall be invested only in encash able / en- cashable/transferable instruments, securities whether in money market or capital market or privately placed Pre-IPO equity, debentures or securitized debts. (m) The Asset Management Company on behalf of the Fund shall buy and sell securities on the basis of deliveries and shall, in all cases of purchases, take delivery of securities and in all cases of sale, deliver the securities on the respective settlement dates as per the custom and practice of the stock exchanges and shall in no case put itself in a position whereby it has to make short sale or carry forward transaction. (n) The Asset Management Company Fund shall get the securities purchased or transferred in the name of the Fund. (o) The Fund shall not involve in option trading or short selling or carry forward transactions. (p) For listed securities, the average quoted market price on the stock exchanges on the date of valuation shall form the basis of any calculation of Net Asset Value of such securities in the portfolio of the Fund. (q) For securitized debts, debentures, margin or fixed deposits, the accrued interest on such instruments on the date of valuation shall be taken into account in any calculation of Net Asset Value of such securities in the portfolio of the Fund. (r) The Asset Management Company Fund shall follow the method approved by the Commission for valuation of the non-traded investment, if any, and the Trustee shall periodically review the value of such investments. (s) The valuation of non-traded securities will be made with their reasonable value by the ICB Asset Management Company Ltd. and approved by the Trustee and commented upon by the Auditors in the Annual Report of the Unit Mutual Fund but shall not be more than the intrinsic value of the securities.

Investment Parameters. (a) The Fund shall invest in accordance with the provisions of subject to the Rules and only in securities, deposits and investments approved by the Securities and & Exchange Commission and/or the Bangladesh Bank and/or the Controller of Insurance of Bangladesh. (b) The Schemes of the Fund shall not invest more than 10% of its total assets in any one particular company. (c) The Schemes of the Fund shall not invest in more than 15% of any company’s paid-up capital. (d) The Schemes of the Fund shall not invest more than 20% in shares, debentures or other securities of a single company or group. (e) The Schemes of the Fund shall not invest more than 25% of its total assets in shares, debentures or other securities in any one industry. (f) Not less than 75% of the total assets of the fund will be invested in capital market instruments out of which at least 50 per cent will be invested in listed securities. (g) Not more than 25% of the total asset of the fund will be invested in Fixed Income Securities (FIS). (h) Not more than 15% of the Fund shall be invested in pre-IPOs at one time. (i) The Fund shall not invest in or lend to another scheme under the same Asset Management Company. (j) The Fund shall not acquire any asset out of the Trust property, which involves the assumption of any liability that is unlimited or shall result in encumbrance of the Trust property in any way. (k) The Fund or the ICB Asset Management Company Ltd. on behalf of the Fund shall not give or guarantee or term loans for any purpose or take up any activity in contravention of the Rules. (l) All money collected under the Fund shall be invested only in encash able / transferable instruments, securities whether in money market or capital market or privately placed Pre-IPO equity, debentures or securitized debts. (m) The Asset Management Company on behalf of the Fund shall buy and sell securities on the basis of deliveries and shall, in all cases of purchases, take delivery of securities and in all cases of sale, deliver the securities on the respective settlement dates as per the custom and practice of the stock exchanges and shall in no case put itself in a position whereby it has to make short sale or carry forward transaction. (n) The Asset Management Company Fund shall get the securities purchased or transferred in the name of the Mutual Fund. (o) The Fund shall not involve in option trading or short selling or carry forward transactions. (p) For listed securities, the average quoted market price on the stock exchanges on the date of valuation shall form the basis of any calculation of Net Asset Value of such securities in the portfolio of the Fund. (q) For securitized debts, debentures, margin or fixed deposits, the accrued interest on such instruments on the date of valuation shall be taken into account in any calculation of Net Asset Value of such securities in the portfolio of the Fund. (r) The Asset Management Company Fund shall follow the method approved by the Commission for valuation of the non-traded investment, if any, and the Trustee shall periodically review the value of such investments. (s) The valuation of non-traded securities will be made with their reasonable value by the ICB Asset Management Company Ltd. and approved by the Trustee and commented upon by the Auditors in the Annual Report of the Unit Mutual Fund but shall not be more than the intrinsic value of the securities.