From today (Ashar 22), Global IME Capital has opened applications for its mutual fund – “Global IME Samunnat Yojana 2”. This fund is a 10-year closed-end mutual fund, meaning once you invest, your money stays in the fund for ten years.
Breakdown
| Particulars | Details |
|---|---|
| Mutual Fund Name | Global IME Samunnat Yojana 2 |
| Issuer/Manager | Global IME Capital Limited |
| Fund Type | Closed-end Mutual Fund |
| Fund Duration | 10 Years |
| Total Units Issued | 120,000,000 units |
| Face Value per Unit | NPR 10 |
| Total Issue Size | NPR 1.2 Billion |
| Units Reserved for Fund Manager (1.5%) | 1,800,000 units |
| Units for Seed Capital (13.5%) | 16,200,000 units |
| Units for General Public | 102,000,000 units |
| Minimum Application Quantity | 100 units |
| Maximum Application Quantity | 12,000,000 units |
| Application Start Date | Ashar 22, 2082 (July 6, 2025) |
| Initial Deadline | Ashar 25, 2082 (July 9, 2025) |
| Extended Deadline (if under-subscribed) | Shrawan 4, 2082 (July 19, 2025) |
| Application Methods | ASBA-member BFIs, Mero Share (C-ASBA system) |
| Sponsor Rating (ICRA Nepal) | [ICRANP] Issuer Rating A- |
| Scheme Manager Rating (Infomerics) | IRN AMC Quality 3+ |
Global IME Capital Limited has opened public applications for its mutual fund, “Global IME Samunnat Yojana 2,” starting today (Ashar 22).
The company is issuing a total of 120 million units at a face value of NPR 10 per unit, amounting to a total offering size of NPR 1.2 billion. This mutual fund scheme, operated under the Global IME Mutual Fund, is a 10-year closed-end fund, meaning investors will not be able to withdraw their investment before the fund matures.
Out of the total 120 million units, 15% has been reserved — 1.5% (1.8 million units) will be allocated to the scheme manager, Global IME Capital, and 13.5% (16.2 million units) will be kept as seed capital. The remaining 102 million units are available for purchase by the general public.
Investors can apply for a minimum of 100 units up to a maximum of 12 million units. The initial application deadline is Ashar 25 (July 9, 2025). If all units are not subscribed by then, the application period will be extended until Shrawan 4 (July 19, 2025).
Global IME Capital Limited is the issue and sales manager for this scheme. Interested investors can apply through any ASBA-member banks and financial institutions approved by the Securities Board of Nepal (SEBON), along with their designated branches. Applications can also be submitted online via the “Mero Share” platform using the C-ASBA system, developed by CDS and Clearing Limited.
In terms of credit rating, ICRA Nepal has assigned an [ICRANP] Issuer Rating of A- to the fund sponsor, while Infomerics Credit Rating has given an IRN AMC Quality 3+ rating to the scheme manager.
