ALLIANCE SANDHANI LIFE UNIT FUND DECLARES 8% CASH DIVIDEND

The Trustee Committee of the Alliance Sandhani Life Unit Fund (Previously known as Sandhani Life Unit Fund) has declared a cash dividend of 8% per unit for the unitholders for the Financial Year 2018-19 at the Trustee Committee meeting held on August 19, 2019. Alliance Capital Asset Management Limited was assigned to manage the fund from February 12, 2019 as per the direction of Bangladesh Securities and Exchange Commission (BSEC).

Alliance Capital Asset Management Ltd (ACAML) is the Asset Manager of the Alliance Sandhani Life Unit Fund. Bangladesh General Insurance Company (BGIC) is the Trustee, Sandhani Life Insurance Company Limited is the sponsor and BRAC Bank is the Custodian of the Fund. The unitholders, whose name appeared in the register of Alliance Sandhani Life Unit Fund on 30 June 2019, will be entitled to receive the aforesaid dividend.

ACAML is committed to safeguard the investments of the investors and generate optimum return for them. Mr. Kh. Asadul Islam, Managing Director & CEO of ACAML has thanked the investors for placing their trust on ACAML and has hoped that the investors to continue their trust on ACAML for managing their investments. He has also reiterated ACAML’s unwavering commitment to maintain the high standard of ethics and professionalism.