Global IME Balance Fund-I Approved by SEBON ; Global IME Capital to Issue 12 Crore Units

Securities Board of Nepal (SEBON) has approved the proposal of mutual fund scheme named "Global IME Balance Fund-I."

This fund was approved by SEBON on Jestha 04, 2079. This is a closed-end mutual fund scheme which will be floating 12 crore unit shares worth Rs 1.2 arba at a par value of Rs 10 per share. 

The trustee of the Fund is Global IME Bank Limited (GBIME), while the fund manager is Global IME Capital. Currently, Global IME Capital is managing one close-end fund i.e Global IME Samunnat Scheme 1 (GIMES1) in the market.