CAP INVEST

Cap Invest is an Investor's Discretionary Account that provides margin loan facilities to the investors.

 

Major Services

  • Extending margin loan facilities to enable investors to earn enhanced return
  • Registering the securities, and collecting dividends and bonus shares
  • Subscribing to the rights issues
  • SMS and E-mail alerts

 

Major Characteristics

  • Cap Invest clients will have absolute discretionary power to make their own investment decisions. IDLCIL, the Portfolio Manager, will provide all support for efficient execution of the trades
  • Clients will be allowed to invest only in the securities carefully selected and approved (ALOS-Approved List of Securities) by the Portfolio Manager
  • The Portfolio Manager will extend Margin Loan to the clients to facilitate enhancement of their return on investments through leveraging
  • All the securities purchased for the clients shall remain in lien in favor of the Portfolio Manager
  • Clients will have access to various research materials on market, industry and companies prepared by the independent research team of the Portfolio Manager
  • Investment in "Cap Invest" will be considered allowable investments for obtaining tax rebate. Additionally, capital gains from investments are currently completely tax-exempted
  • Clients can place Trade Orders through Internet/SMS/Mobile Applications

 

Key Features

  • Minimum Investment Amount*: BDT 1 Lac
  • Margin Loan Amount*: Maximum 0.50% of client's equity, but not exceeding BDT 80 Million
  • Mark-to-Market (MTM)*: MTM is a gradual adjustment process to protect clients’ equity level. If equity level drops, deposit or partial sell will be required by the next working day to raise it. Any account having Equity to Debt ratio (E/D ratio) below 30% will be auto adjusted through daily Mark-to-Market (MTM)
  • Margin Call*: In the event of the client's equity falling below 50% of the total debt liability, the Portfolio Manager will call for additional margin deposit from the client to maintain the stipulated equity to debt ratio of the given loan ratio

 

Fees and Charges *

Margin Loan Account:

    • Account Opening Fee: BDT 500
    • Interest on Margin Loan: 14.75% p.a, charged quarterly
    • Management Fee: 1.50% p.a. on market value of securities, charged quarterly
    • Settlement Fee: 0.35% on transaction value
    • Annual BO Account Maintenance Charges: As per regulator

Non Margin Account

    • Account Opening Fee: BDT 500
    • Settlement Fee: 0.40% on transaction value
    • Annual BO Account Maintenance Charges: As per regulator

Out of Pocket and Third Party Charges (Central Depository, SMS charges etc.)*: At actual basis

* Subject to change at the discretion of portfolio Manager

 

Please refer to Forms and Documents for Investment to download forms and know about required documents.

To know more about ‘Cap Invest’, please contact us at merbank@idlc.com or call us at +88 01730-323-242, 16409, +8809609994352, Fax: +880-2-9571171

 

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