Global IME Samunnat Scheme's shows slight improvement in monthly NAV increasing to Rs 8.77; Rs 6 crore in fixed deposits
Sun, Jan 27, 2019 12:32 PM on Latest, Mutual Fund, Stock Market,
Global IME Samunnat Scheme-1 (GIMES1), a closed-end 7 years mutual fund scheme managed by Global IME Capital Limited, has reported slight increase in its Net Asset Value (NAV).
As per the financial report published today, the mutual fund scheme’s NAV has increased to Rs. 8.77 in Poush end from Rs 8.01 in Mangsir 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. 71.66 crore in the shares of listed companies and Rs 2.71 crore in non-listed shares as on Poush end. Similarly, it has Rs 6 crore in fixed deposits.
The fund has reported net loss of Rs 18.61 crore in the month of Poush which is less than the net loss of Rs 26.25 crore in the month of Mangsir.
Out of its total investment in listed shares, Global IME Samunnat Fund has its highest investment in 122,164 unit shares in Nepal Bank Limited (NBL) worth Rs 3.63 crore.
