MTB, Alliance Sandhani Life Unit Funds declare 14pc, 9.5pc dividends
MTB Unit Fund declared 14 per cent and Alliance Sandhani Life Unit Fund declared 9.5 per cent cash dividends for the fiscal year 2020-21.
The unit holders, who had the units of these funds till June 30, 2021, will get the declared dividend, a press release said. The decision was taken at a recent meeting of the trustees of the two funds.
Alliance Capital Asset Management Limited is in charge of asset management of these two funds.
Bangladesh General Insurance Company is acting as the trustee and Brac Bank Limited is acting as the custodian.