Why Invest in Secondary Stocks?
- Easy conversion to cash
- There is no minimum/maximum investment limit
- Income from dividends
- Capital income
- Tax rebate
IPO Information
Running IPO
Company Name: Techno Drugs
Platform: Main- Cut-off Date: 30-May-2024
- Subscription Period: 9-Jun-24 to 13-Jun-24
- Application Amount (Min): BDT 10,000
- Application Amount (Max): BDT 10,00,000
- Total Share: 1,00,00,00,000
- NAV: 27.28
- EPS: 2.08
Why Invest in IPOs?
- Get shares at face/offered price
- Low investment
- Capital gains
- Guaranteed to receive a certain amount of shares
Eligibility Criteria:
- General Investor: BDT 50,000 within the Cut-off Date
- NRB Investor: BDT 100,000 within the Cut-off Date
Forthcoming IPO
No upcoming IPOs at this time
Income Funds
- Must declare 70% of profit as dividend
- High dividend yield
- Dividend tax free up to BDT 50,000
Growth Funds
- Must declare 50% of profit as dividend
- Can surrender any time at NAV
- Preferential tax treatment (10% capital gains tax)
Tax Benefits
Institutional Investors: 20% tax on dividend receipts
Capital Gains: Only 10% tax on booked gains
Fixed Term Funds
- Declare 60-80% of profit as dividend
- Fixed investment period (typically 3-7 years)
- Higher potential returns than open-end funds
Terminal Funds
- Declare 40-60% of profit as dividend
- Liquidity only at maturity date
- Potential for capital appreciation
Key Features
Dividend Policy: Typically declare 50-80% of profit as
dividend
Tax Treatment: 10% capital gains tax, 20% dividend tax for
institutions
Liquidity: Traded on stock exchange after initial offering
Minimum Investment: Usually higher than open-end funds
Bonds
The DSE and CSE also provide opportunities to invest in bonds. Bonds are fixed-income securities where investors lend money to the issuer in exchange for periodic interest payments and the return of the principal amount at maturity. Investing in bonds can provide a steady income stream and relatively lower risk compared to equities.
Government Securities (G-Sec)
Government Securities, known as G-Sec, are bonds issued by a government to raise funds for various financial needs, including budget deficits and expenditures.
Advantages of Investing in G-Sec:
- Fixed Semi-Annual Interest Payments
- Tax Rebate Benefits
- Government Backed - Safe and Secure Investment
Monthly Auction Schedule
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2 Years | 5 Years | 10 Years | 15 & 20 Years |