Q. How equity increase or decrease?

Equity increases by:
i. Realized capital gain.
ii. Deposit.
iii. Dividend income.

Equity decreases by:
i. Unrealized/Realized loss
ii. Financial Charges

Q When will the value of share be adjusted to purchase power?

After day start.

Q. What are expenses charged by IDLC on client accounts?

Management fee (1.5%), Interest (14.5%), Trade charge.

Q. Will the purchase power decrease even if a client does not perform any trade?

Yes, if loan is used, interest charge will be applicable and for existing portfolio management fee will be accrued which will deduct Equity and Purchase Power.

Q. How much money can be availed as Margin/Loan at maximum?

Tk. 5 crore.

Q. How Asset Value of portfolio effects equity o purchase power?

We use Market Value or Total Cost which ever is lower to calculate purchase power.

Q. Maximum how many accounts can a person have?

Maximum 2 accounts, one single and one joint.

Q. When a person is named as a authorized person during the opening of an account, then is he required to bring an authorization letter every time he comes to withdraw a check?

No, not required.

Q. Does unrealized gain has any impact upon purchase power?

No. Only realized gain.

Q. When netting is not allowed?

Netting is not allowed due to the following reasons:
i. Cross-market.
ii. Z category shares.
iii. When Equity to Debt ratio falls below a certain ratio.

Q. Can I attend the AGM / EGM of the companies and cast vote?

No, you will not be able to attend the AGM/EGM of the companies, however, your portfolio manager will attend the AGM/EGM on your behalf and cast vote in the best interest of the clients.

Q. Who can open the investment account?

Any adult citizen of Bangladesh, corporation and statutory body can open the account with IDLC.

Q. How can I place the orders?

You can place your orders through physically submitting the order slip to our Customer desks, or by telephone, email or other electronic devices.

Q. Can I select my own preferred broker from the list of designated brokers?

Yes, you can select your own preferred broker. You can also change our preferred broker by applying to your portfolio manager.

Q. What is Margin call?

In order to protect your equity position, your portfolio manager calls additional margin deposit in case your equity falls below a certain percentage of your debt obligation to maintain the stipulated debt to equity ratio. Such call is commonly known as Margin Call.

Q. Can I trade in both Dhaka Stock Exchange and Chittagong Stock Exchange?

Yes, you can execute trades in both DSE and CSE, provided that your preferred broker is a member of both DSE and CSE