3rd July 2025, Kathmandu
Global IME Capital Limited is set to publicly issue units of the collective investment fund “Global IME Advanced Scheme 2” starting from Ashad 22 (July 6, 2025).
Global IME Advanced Scheme 2
The scheme will initially start with a fund size of NPR 1.20 billion and has a “greenshoe option” to increase the size by up to 25%, expanding up to NPR 1.50 billion.
This scheme aims to invest in equity and fixed income instruments, balancing risk management to provide long-term returns to investors.
The scheme will be fully operated under the Mutual Fund Regulation 2067 (2010), ensuring transparency, investor protection, and proper fund management.
Key Features
Scheme Type: Closed-end scheme
Fund Name: Global IME Mutual Fund
Scheme Name: Global IME Advanced Scheme 2
Fund Size: Initial NPR 1.20 billion (expandable up to NPR 1.50 billion on high demand)
Unit Price: NPR 10
Units Offered to General Public: 120 million units
Minimum Investment: 100 units
Maximum Investment: 10% of the scheme, i.e., 12 million units
Scheme Duration: 10 years from the unit allotment date
Dividend Policy: Profit distribution from earnings, remainder reinvested
Listing: Listed on Nepal Stock Exchange (NEPSE)
Initial Investment: 15% by fund sponsor and manager
Management Fee: 1.50% of net asset value
Depository Fee: 0.20% of net asset value
Investment Mix
Equity/Equity-related instruments: 70–90% (high risk)
Bonds/Fixed income instruments: 0–10% (medium risk)
Fixed Deposits: 0–10% (low risk)
Cash/IPO/Other Mutual Funds: 0–10% (low risk)
Reasons to Invest
Professional management
Diversification
Convenience and accessibility
Low-cost investment
Transparency
Tax benefits
Investor protection
Investment Returns
Capital projects an average annual return of 22.49% for this scheme. Accordingly, unit holders are expected to receive a total return of 224.96% over 10 years.
The scheme’s estimated internal rate of return (IRR) is projected at 16.88%. Capital expects to distribute dividends ranging from 8% to 20% annually during the first nine years.
Currently, Global IME Mutual Fund operates two schemes. Among them, Advanced Scheme 1 has distributed 104% dividends over seven years and offered a 10.16% fund repurchase return. The 10-year Global IME Balanced Fund 1 has a fund size of NPR 1.025 billion.
The scheme manager is Global IME Capital Limited, Nepal’s first dedicated merchant banker, established in 2008. It is a merchant banker licensed by Nepal’s Securities Board (SEBON) and is 81.50% owned by Global IME Bank.
Investors can apply for units of this scheme through all ASBA member banks and financial institutions licensed by SEBON and their designated branches.
Applications can also be submitted online using the ‘Mero Share’ software developed by CDS and Clearing Limited through the ASBA system.
In ratings done for the scheme’s issuance, credit rating agency ICRA Nepal assigned the fund promoter an ICRANP Issuer Rating of A-minus. Meanwhile, Infomerics Credit Rating awarded the scheme manager an IRN AMC Quality 3 Plus rating.
For more:- Global IME Advanced Scheme 2