Global IME’s new mutual fund scheme from July 7

Kathmandu, June 3

Global IME Capital Limited is set to open the public issuance of its new mutual fund scheme, 'Global IME Samunnat Scheme 2', from July 7.

The scheme will begin with an initial fund size of Rs. 1.2 billion, with a provision to expand up to Rs. 1.5 billion.

"Designed to offer long-term benefits to investors, the scheme aims to invest in both equity and fixed-income instruments, thereby maintaining a balanced risk profile," the company said in a statement on Thursday.

It is fully operated under the Mutual Fund Regulations 2067, ensuring transparency, investor protection, and efficient fund management.

Key features of the scheme include a closed-ended structure, a face value of Rs. 10 per unit, and a minimum investment requirement of 100 units. Investors can purchase up to 10 per cent of the total fund, equivalent to 12 million units.

Likewise, the scheme will have a tenure of 10 years from the date of unit allotment and will be listed on the Nepal Stock Exchange (NEPSE).

The projected annual average return is 22.49 per cent, translating to an estimated total return of 224.96 per cent over 10 years.

The scheme is also expected to provide annual dividends ranging from 8 per cent to 20 per cent during the first nine years. The expected internal rate of return stands at 16.88 per cent.

Global IME Capital, the scheme manager, was established in 2008 and holding an 81.5 per cent ownership by Global IME Bank. Investors can apply through ASBA member banks and financial institutions or use the online Mero Share platform.

The scheme has received an ICRA NP issuer rating of A- and an INFOMERICS rating of IRN AMC Quality 3 Plus, further ensuring credibility and reliability for potential investors, the company claimed.

Published in The Rising Nepal daily on 4 July 2025.