Citizens Mutual Fund-2 listed on NEPSE; 56 Million units of the scheme made tradable

Sun, Oct 20, 2019 3:09 PM on Latest, NEPSE News, Share Listed,

Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the listing of mutual fund scheme, Citizens Mutual Fund-2 (CMF2).

As per the notice, 56,000,000 units of Citizens Mutual Fund-2, has been listed on the stock exchange. These units can now be traded on the secondary market.

Citizens Mutual Fund-2 (CMF2) is CBIL Capital Limited second mutual fund scheme, and is a 7-years closed-end fund. The recently launched scheme has published its NAV report for the month of Bhadra, 2076. The scheme had reported Net Assets Value (NAV) of Rs.9.41 till Bhadra end down from Rs.9.77 last month.