Clicky
Business

SASF declares 10.0 pc dividend


Published : 07 Jan 2022 09:00 PM | Updated : 08 Jan 2022 05:16 PM

Shanta Amanah Shariah Fund (SASF) declared cash dividend of 10.0% (BDT 1.0 per unit) for the year that ended on 31 December 2021 for its esteemed investors. Earnings Per Unit (EPU) of the fund stood at BDT 1.33, implying that the fund disbursed 75.2% of its earnings to its well-deserved investors.

Shanta Asset Management Limited (SAML) --sponsor and asset manager of the fund -- informed that shareholders who held units on 31 December 2021 would be entitled to the declared dividend.

The fund has generated 16.4% return against 15.2% surge of the DSE Shariah Index (DSES). Moreover, SASF has become one of the top performers among all the other shariah-compliant open-end mutual funds in Bangladesh. 

The investors have gained their confidence on this well-governed fund of Shanta Asset Management Limited, which has been reflected on the tremendous increase of the said fund’s AUM (Asset Under Management). 

In 2021, the total AUM of Shanta Amanah Shariah Fund (SASF) has increased more than two-fold and reached around 47 crore Taka.

Read more: Ctg port capacity boost to cut cost of business: Jashim

Mohammad Emran Hasan, Chief Executive Officer (CEO) of SAML, said that we are continuously gaining positive response from our investors, and we are immensely thankful to them for having their faith on us. Also, we are working rigorously to generate a satisfactory return for our valued investors with in-depth research and disciplinary investment. 

Related Topics