Mutual Fund Management

The money pooled in by a large number of people (or investors) is what makes up a Mutual Fund. This fund is managed by a professional fund manager. It is a trust that collects money from a number of investors who share a common investment objective. Then, it invests the money in equities, bonds, money market instruments and/or other securities. Each investor owns units, which represent a portion of the holdings of the fund. The income/gains generated from this collective investment is distributed proportionately amongst the investors after deducting certain expenses, by calculating a scheme’s Net Asset Value or NAV. Zenith Investments Limited is proud to manage the following mutual fund known as Zenith Annual Income Fund – ZAIF:

Particulars of Zenith Annual Income Fund

Type of the Mutual Fund Open-ended Mutual Fund
Nature of the Mutual Fund Income Fund as defined in the BSEC (Mutual Fund) Rules, 2001.
Sponsor Zenith Investments Limited
Trustee & Custodian Investment Corporation of Bangladesh-ICB
Asset Manager Zenith Investments Limited
Starting Date of Fund Operations 08 February, 2018
Unit Face Value Tk 10.00 (Ten Taka).