Global IME Balanced Fund 1(GIBF1)'s NAV Rises Noticeably in Jestha; Profit Surges

The NAV report of "Global IME Balanced Fund – 1 (GIBF1)" has been unveiled for the month of Jestha.

The "Global IME Balanced Fund-1" is a closed-end fund and has a maturity period of 10 years. Global IME Balanced Fund – 1 has a fund size of Rs. 1.02 Arba.

The NAV stands at Rs. 10.11 in Jestha which was Rs. 9.09 in the previous month. The fund has invested Rs. 88.96 crore in listed shares, Rs. 1.89 crore in non-listed shares, and Rs. 3 crore in fixed deposits. The fund has Rs. 8.73 crores in the bank and other assets worth Rs. 3.5 crores.

The fund was at a net profit of Rs. 10.11 crores in Jestha. In the month before that, the fund saw a net loss of Rs. 9.9 crores.

Announcement