| Portfolio Management Service: "Cap Invest" |
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| What is Cap Invest? |
| Cap Invest is a dynamic investment account that provides the investors with entire range of non discretionary portfolio management services, which include: |
- Efficient execution of trades through a panel of reputed brokers.
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- Extension of margin loan enabling the investors to earn enhanced return.
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- Registration of the securities, collecting dividend, and bonus shares.
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- Subscription of the rights issues.
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- Completion of dematerialization process.
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- Keeping the securities in safe custody.
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| Major Features of "Cap Invest": |
- Cap Invest clients shall have absolute discretionary power to make investment decisions. IDLC, the Portfolio Manager, shall provide all support for efficient execution of trades.
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- Clients will be allowed to invest only in the securities carefully selected and approved by the Portfolio Manager.
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- To facilitate the Clients to enhance their return on investments through leveraging, the Portfolio Manager will extend margin loan to the Clients.
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- All the securities purchased for the Clients shall remain in lien in favor of the Portfolio Manager.
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- The Clients will have access to the various research materials on market, industry and companies prepared by the independent research team of the Portfolio Manager.
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- Investment in "Cap Invest" will be considered allowable investment for obtaining tax rebate. Additionally, capital gains from investments are currently completely tax-exempt.
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| Why IDLC? |
- IDLC places the interests of the Clients before its own. It has adopted high standards of professional conduct to safeguard the interest of its Clients
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- IDLC has a team of highly dedicated and competent professionals to provide high quality service and manage Client portfolios
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- IDLC has a panel of reputed brokers, who provide it with the clout to execute the transactions of the Clients efficiently
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- IDLC has substantially invested in technological infrastructure for efficient order processing and administering the investments of the Clients. IDLC also is continually striving to enhance its IT facilities to benefit the Clients
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- As a Custody Participant of Central Depository Bangladesh Limited (CDBL), IDLC is capable of keeping the Clients dematerialized securities in its custody
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- IDLC has gathered vast experience in almost every sector of the economy during the past two decades. IDLC translates its invaluable experience in various research materials for the benefit of its Clients
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| Key Information on "Cap Invest" |
- Minimum Investment: Tk. 200,000/-
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- Margin Loan: Maximum of 100% of Client's equity, but not exceeding Tk. 30 million
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- Margin Call: If the Clients equity falls below 50% of the total debt liability, the Portfolio Manager shall call for additional margin deposit from the Client to maintain the stipulated debt to equity ratio of 1:.50
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- Trigger Sale: If the Client fails to provide additional deposit within three (3) business days of notification or the equity falls to 30% of the debt liability, the Portfolio Manager may trigger sale of appropriate portion of the Clients portfolio
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| Fees and Charges * |
- Documentation Fee: Tk. 500/- (one off)
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- Management Fee: 1.50% p.a. on securities value, charged quarterly
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- Interest on Margin: 14.50% p.a. charged quarterly
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- Settlement Fee: 0.35% on transaction value
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- Out of Pocket and Third Party Charges (Central Depository, SMS charges etc.): On actual basis
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| * Subject to change |
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| Designated Brokers: |
| Dhaka |
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- Eqity Partners Securities Limited
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- LankaBangladesh Securities Limited
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- Mona Financial Consultancy & Securities Limited
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- M. Rahman Securities Limited
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| Chittagong |
- Associated Capital Securities Limited
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- Island Securities Limited
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- LankaBangladesh Securities Limited
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- Meenhar Securities Limited
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| Frequently Asked Questions about Products |
