CAP INVEST (Margin Loan Account / Non Margin Account)

CAP INVEST is a ‘Non-Discretionary Portfolio Investment Account’ that provides margin loan facilities for individual / corporate who wants to invest in Capital Market. Capital Market differs in other markets in many aspects hence specialized services are required for ensuring optimum performance of your portfolio investment. IDLCIL is the best, able to provide you with the specialized services under this CAP INVEST product - Margin Loan Account (BO account with margin loan facilities) and Non Margin Account (BO account without loan facilities). 

 

Major Services

  • Extending margin loan facilities to enable investors to earn enhanced return.
  • Registering the securities, and collecting dividends and bonus shares.
  • Subscribing to the rights issues.
  • i-Trade platform for online trading and viewing updated statements etc.
  • SMS and E-mail alerts.

 

Major Characteristics

  • Cap Invest clients will have absolute discretionary power to make their own investment decisions. IDLCIL, the Portfolio Manager, will provide all support for efficient execution of the trades.
  • Clients will be allowed to invest only in the securities carefully selected and approved (ALOS-Approved List of Securities) by the Portfolio Manager.
  • The Portfolio Manager will extend Margin Loan to the clients to facilitate enhancement of their return on investments through leveraging.
  • All the securities purchased for the clients shall remain in lien in favor of the Portfolio Manager.
  • Clients will have access to various research materials on market, industry and companies prepared by the independent research team of the Portfolio Manager.
  • IDLC Investments has a team of highly dedicated and competent professionals to provide high quality service and monitor client’s margin loan account.
  • Investment in "Cap Invest" will be considered allowable investments for obtaining tax rebate. Additionally, capital gains from investments are completely tax-exempted for individuals.

 

Key Features

  • Minimum Investment Amount*: BDT 1 Lac (BDT 0.1 million)
  • Margin Loan Amount*: Maximum 0.50% of client's equity, but not exceeding BDT 80 Million.
  • Mark-to-Market (MTM)*: MTM is a gradual adjustment process to protect clients equity level. If equity level drops, deposit or partial sell will be required by the next working day to raise it. Any account having Equity to Debt ratio (E/D ratio) below 30% will be auto adjusted through daily Mark-to-Market (MTM).
  • Margin Call*: In the event of the client's equity falling below 50% of the total debt liability, the Portfolio Manager will call for additional margin deposit from the client to maintain the stipulated equity to debt ratio of the given loan ratio.

 

Fees & Charges*

Margin Loan Account

  • Account Opening Fee Tk.500/-
  • Management Fee 1.50% p.a on asset value of portfolio
  • Interest on margin loan 14.75% p.a
  • Transaction Fee 0.35% on transaction value
  • Annual BO Account Maintenance Charges as per regulator

Non Margin Account

  • Account Opening Fee Tk.500/-
  • Transaction Fee 0.40% on transaction value
  • CDBL Charges at actual
  • Annual BO Account Maintenance Charges as per regulator
  • Out of Pocket and Third Party Charges (Central Depository, SMS charges etc.)*: At actual basis

* Subject to change at the discretion of Portfolio Manager

 

Contact Person's Information

  • Saimon Mazid: +8801714040483
  • Mohammad Riajul Islam: +8801730323245
  • Rahi Been Mozaffar: +8801730728791

FAQ