Global IME Samunnat Scheme-1 (GIMES1), a closed-end 7 years mutual fund scheme managed by Global IME Capital Limited, has reported a slight decrease in its Net Asset Value (NAV).
As per the financial report published today, the mutual fund scheme’s NAV has decreased to Rs 9.07 till the end of Jestha from Rs 9.50 in the last month end.
The NAV of the fund is below the par value of Rs 10 per unit indicating the fund is in loss.
The scheme, which was launched with a total fund of Rs 1 arba, has invested Rs 85.75 crore in the shares of listed companies and Rs 4.25 crore in non-listed shares as on Jestha end. Similarly, it has invested Rs 1 crore in debentures.
The fund has reported net loss of Rs 15.65 crore till the month of Jestha which is higher than the net loss of Rs 11.29 crore till the month of Baisakh.
Out of its total investment in listed shares, Global IME Samunnat Fund has its highest investment in 76,390 unit shares of Nabil Bank Limited Promoter shares (NABILP) worth Rs 6.11 crore.