Today marks the final opportunity for investors to claim the cash dividend offered by Global IME Capital’s mutual fund scheme. The book closure date is set for the 25th of Ashwin, and anyone who held units in the scheme until today is eligible for the dividend payout.
During the 165th board meeting of Global IME Capital Limited held on Ashwin 15, a decision was made to allocate a 5% cash dividend, totaling Rs. 5.12 Crores, to the unitholders of Global IME Balance Fund I (GIBF1) for the fiscal year 2079/80.
Global IME Balance Fund I (GIBF1) is a closed-end fund sponsored by Global IME Bank and managed by Global IME Capital. It has a maturity period of 10 years and boasts a fund size of Rs. 1.02 Arba. As of the end of Bhadra, its Net Asset Value (NAV) stands at Rs. 9.76.
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