Global IME Samunnat Scheme-1 NAV declines to Rs 8.82 in Falgun end; reports loss of Rs 6.55 crore

Global IME Samunnat Scheme-1 (GIMES1), a closed-end 7 years mutual fund scheme managed by Global IME Capital Limited, has reported decrease in its Net Asset Value (NAV). As per the financial report published today, the mutual fund scheme’s NAV declined to Rs. 8.82 in Falgun end from Rs 9.38 in Magh end. The NAV of the fund is below the par value of Rs 10 per unit. The scheme, which was launched with a total fund of Rs 1 arba, has invested Rs. 58.48 crore in the shares of listed companies and Rs 5.39 crore in non-listed shares as on Falgun end. The scheme has invested in in 94 listed companies. The fund has reported net loss of Rs 6.55 crore in the month of Falgun which has increased from the net loss of Rs 95.78 lakh in the month of Magh. Out of its total investment in listed shares, Global IME Samunnat Fund has its highest investments in Nabil Bank Promoter Shares worth Rs 3.86 crore. See the NAV Report here