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Company Background

About

Company Background

At a Glance

ICB Asset Management Company Ltd., a distinguished subsidiary of the Investment Corporation of Bangladesh (ICB).

The Company was established as part of the Investment Corporation of Bangladesh's (ICB) restructuring program under the Capital Market Development Programme (CMDP) led by the Government of Bangladesh and the Asian Development Bank.

Incorporated as a public limited company with an authorized capital of Tk 1.00 billion and a paid-up capital of Tk 885.94 million, it was registered under the Companies Act, 1994 on December 5, 2000. The Company received its license on October 14, 2001, from the Securities and Exchange Commission under the Mutual Fund Rules, 2001, to conduct mutual fund activities.

Vision

To play an encouraging role in developing Mutual Fund industry as the preferred tool of investment in the country

Mission

To become a dominant and strategic market leader by offering customer oriented innovative products, providing best client service and attain sustainable growth level by cost cutting, utilizing modern technique of portfolio management through maintaining transparent, ethical and MISSION professional conduct and standard

Values

Quality with integrity and transparency

https://cms.icbamcl.gov.bd/admin/uploads/page/about/1719202126Uo32L.jpg

Ownership

ICB holds 100% ownership of IAMCL Asset Management Company Ltd.

Business

Our company specializes in investment management, including the establishment and management of both open-end and closed-end mutual funds, as well as provident funds. Committed to advancing the mutual fund industry and Bangladesh's capital market, we dedicate ourselves to these endeavors.

Milestones

Major EventsDate
Date of Incorporation06 Dec 2000
Registration with BSEC14 Oct 2001
Operation Started01 July 2002
Flotation of ICB AMCL Unit Fund21 June 2003
Flotation of ICB AMCL Pension Holders’ Unit Fund18 Oct 2004
Flotation of ICB AMCL Second NRB Mutual Fund15 May 2008
Flotation of Prime Finance First Mutual Fund04 Jan 2009
Flotation of ICB AMCL Second Mutual Fund09 Aug 2009
Flotation of ICB Employees Provident Mutual Fund One: Scheme One22 Nov 2009
Flotation of Prime Bank 1st ICB AMCL Mutual Fund06 Dec 2009
Flotation of Phoenix Finance 1st Mutual Fund07 Mar 2010
Flotation of ICB AMCL Third NRB Mutual Fund28 Mar 2010
Flotation of IFIL Islamic Mutual Fund-126 Sep 2010
Flotation of Bangladesh Fund10 Oct 2011
Flotation of ICB AMCL Sonali Bank Limited 1st Mutual Fund21 Apr 2013
Flotation of ICB AMCL Converted 1st Unit Fund23 Feb 2014
Shifting to its own premises16 Nov 2014
Flotation of ICB AMCL Islamic Unit Fund17 May 2015
Flotation of First ICB Fund06 Mar 2016
Flotation of Second ICB Fund17 Apr 2016
Flotation of Third ICB Fund15 May 2016
Flotation of Fourth ICB Fund15 May 2016
Flotation of Fifth ICB Fund15 May 2016
Flotation of Sixth ICB Fund10 July 2016
Flotation of Seventh ICB Fund09 Oct 2016
Flotation of Eighth ICB Fund06 Feb 2017
Flotation of ICB AMCL First Agrani Bank Mutual Fund01 Aug 2017
Flotation of ICB AMCL Second NRB Unit Fund25 Nov 2018
Introduction of Systematic Investment Plan (SIP)18 Jan 2021
Flotation of ICB AMCL Shotoborsho Unit Fund10 Feb 2021
Flotation of ICB AMCL CMSF Golden Jubilee Mutual Fund17 Aug 2022