UFS Unit Fund



Universal Financial Solutions Limited (UFS) itself sponsored the UFS-Unit Fund. Bangladesh General Insurance Company Ltd. (BGIC) is the Trustee and Brac Bank Limited is the Custodian of the fund. The fund will be an open-end mutual fund with a perpetual life. Institutional, local and foreign, and individual investors, resident and non-resident, are eligible to invest in this Fund. The initial target size of the Fund will be Tk 10,00,00,000 (Taka Ten crore) only divided into 1,00,00,000 (One crore) Units of Tk 10 (Taka ten) each. The fund’s draft trust deed will be submitted very soon to Bangladesh Securities and Exchange Commission for their approval.