ICB-AMCL Sonali Bank Limited First Mutual Fund---- Prospectus

(b)
Management Fee
The Asset Management Company shall be entitled to charge the Fund annual management
fees for Investment Management at the following rates:
(a)
(b)
(c)
(d)
@ 2.50% per annum of the weekly average Net Asset Value (NAV) of the Fund
up to Tk. 5.00 (five) crore;
@ 2.00% per annum for additional amount of the weekly average NAV of the
Fund over Tk. 5.00 (five) crore up to Tk. 25.00 (twenty five) crore;
@ 1.50% per annum for additional amount of the weekly average NAV of the
Fund over Tk. 25.00 (twenty five) crore up to Tk 50.00 (fifty) crore; and
@ 1.00% per annum for additional amount of the weekly average NAV of the
Fund over Tk. 50.00 (fifty) crore.
The Above accrued fees shall be paid semi-annually by the Fund.
(c)
Trustee Fee
The Fund shall pay an annual trustee fee @ 0.075% of the Fund size payable semiannually
during the life of the Fund.
(d)
Custodian Fee
The Fund shall pay the Custodian i.e. ICB for safekeeping fee @ 0.075% of balance
(dematerialized and non-dematerialized) securities calculated on the average month end
value per annum.
(e)
Fund Registration and Annual Fee
The Fund has paid 0.20% of the Fund size i.e. Tk. 20,00,000.00 (twenty lac) only to the
BSEC as registration fee. In addition to that the Fund will have to pay @ 0.10% of the Fund
size per annum as annual fee in terms of the ¢h¢dj¡m¡.
(f)
CDBL Fee
For listing with the CDBL there are both initial and recurring expenses. An amount of
Tk. 5,00,000.00 (five lac) only as security deposit shall be kept with the CDBL without
interest during the whole life of the Fund, while an IPO fee of Tk. 2,50,000.00 (two lac fifty
thousand) only and documentation fee of Tk. 2,500.00 (two thousand five hundred) only will
be paid during the public subscription. Depository connection fee is Tk. 6,000.00 (six
thousand) only per annum. Annual fee for the Fund shall be Tk. 1,00,000.00 (one lac) only.
(g)
Listing Fee
The usual listing fees, annual renewal fees and other charges are to be paid by the Fund to
the Stock Exchanges.
(h)
Audit Fee
The audit fee will be Tk. 25,000.00 (twenty five thousand) only for the first year and Trustee
will fix fees for subsequent years.
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