The Trustee of the Shanta First Income Unit Fund (SFIUF) declared 20.5% (BDT 2.05 per unit) dividend for the FY 2020-21 ended on 30 June 2021 for its esteemed investors.
Earnings Per Unit (EPU) of the fund stood at BDT 2.88, implying that the fund disbursed 71.2% of its earnings to its well-deserved investors. Now, investors can take the dividend in cash or reinvest the dividend by purchasing the units of the fund for further growth.
Shanta Asset Management Limited (SAML) - the sponsor and the asset manager of the fund - informed that shareholders who hold units on 30 June 2021 will be entitled for the declared dividend.
The fund generated 62.5% return for the recently concluded fiscal year with the help of V-shape recovery of the capital market after the first lockdown in 2020. During this fiscal year, DSE Broad Index (DSEX) was jumped 54.2%. SFIUF has become one of the top performers among all open-end mutual funds in Bangladesh.
Mohammad EmranHasan, Chief Executive Officer (CEO) of SAML, identifies both indepth research and discipline are the key to the fund’s superior performance.
He alsoadded that SAML is working rigorously in the development of capital market through offering different styles of mutual funds to cater the needs of investors according to their financial goals.
