NIBL Sahabhagita Fund Invites Unitholders for Dividend Re-investment Plan

NIBL Ace Capital has introduced the Dividend Re-investment plan for NIBL Sahabhagita Fund. In essence, investors can choose to reinvest their promised dividend on the fund itself instead of receiving the cash dividend.

NIBL Sahabhagita Fund is NIBL Ace Capital's fund scheme and is the first open-ended fund. This fund is not tradable at Nepal Stock Exchange like other closed-ended funds and it has no fixed maturity period.

Only investors who register for the Dividend Re-investment plan before the book closure date for the dividend are eligible for this scheme. The instruction to apply for the scheme can be found via the official announcement.