Green Delta Dragon mutual fund gets nod

The Bangladesh Securities and Exchange Commission has given go-ahead to the open-ended mutual fund named Green Delta Dragon Enhanced Blue Chip Growth Fund worth Tk 50 crore.

Of the fund, Green Delta Insurance and Dragon Capital Markets jointly provided Tk 5 crore and the rest is open for sell for the general investors.

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Price of each unit of the fund is Tk 10.

The approval for the mutual fund came from the BSEC's meeting held in its head office in the capital yesterday.

The Green Delta Dragon Asset Management Company will be the manager of the fund while Bangladesh General Insurance Company and Brac Bank will be its trustee and custodian respectively.