Global IME Capital to introduce Global IME Samunnat Scheme-1 with a public issue of Rs 80 crore

Global IME Capital Limited is introducing mutual fund scheme, Global IME Samunnat Scheme-1. Currently Global IME Bank is seeking permission from Securities Board of Nepal (SEBON) to issue mutual fund scheme. Paras Mani Dhakal, CEO of Global IME Capital Limited said, Global IME Samunnat Scheme-1 is basically a 7 years closed-end mutual fund scheme. The major concentration of the scheme is in shares and it is a growth fund scheme. Hopefully, Sebon will give the approval for our mutual fund scheme soon. The mutual fund scheme will be managed by Global IME Capital, a wholly owned subsidiary of Global IME Bank.  Global IME Samunnat Scheme-1will be floating public issue amount worth Rs 80 crore.