"NIC Asia Growth Fund-2" Mutual Fund Scheme Listed on NEPSE

Mon, Feb 5, 2024 12:06 PM on Latest, Mutual Fund, NEPSE News, Share Listed,

Today, an agreement between representatives of the NIC Asia Capital Limited and the Nepal Stock Exchange (NEPSE) was penned for a listing of "NIC Asia Growth Fund-2 (NICGF2)".

Following the agreement, 9,05,00,000 units are being listed at a par value of Rs. 10 per unit. The issue was opened from 4th Mangsir to 18th Mangsir, 2080 to the general public.

The trading of the shares is expected to begin on Tuesday.

"NIC Asia Growth Fund-2" is a closed-end fund that will be traded in NEPSE. It has a maturity period of 7 years.

Note that the listed shares will be traded under the symbol 'NICGF2'.

The NAV of the fund for the month of Poush stands at Rs. 9.98.