1. The Units of Micro-Savers Special Purpose Growth Scheme of Grameen Bank-AIMS First Unit Fund may be bought /surrendered through AIMS of Bangladesh Limited and authorized selling agents appointed by AIMS from time to time.
2. Application must be made by an individual (both resident and non-resident), a corporation or company (both local and foreign), a trust, foundation or a society (registered in or outside of Bangladesh), partnership or proprietary firm but not by a minor or persons of unsound mind.
3. Joint application by two persons is acceptable. In such a case, registration and issuance of Unit certificate will be in favour of the principal applicant while dividend and other benefits, if any, will be addressed to bank account of principal applicant mentioned on the application form. In case of the death of any of the joint holders, only the survivor shall be recognized as having the title to the Units. On death of all the joint holders, the nominee, if any, will be responsible for distribution of the title, as per Supreme Court verdict of April 2016 (Civil Revision No. 1682 of 2015).
4. Minimum purchase amount for both individual and institutional investors is 500 (five hundred) Units or multiples thereof of the Scheme except under any Systematic Investment Plan (SIP). Investors can subscribe units at fair value from the closure of IPO window.
5. Application for purchase of Units should be accompanied by an account payee cheque/pay order/bank draft or attachment of any evidence of fund transfer (receipt) in favour of Grameen Bank-AIMS First Unit Fund for the total value of the Units.
6. After clearance/encashment of cheque/draft/pay order the applicant will be provided Confirmation of Unit Allocation through SMS and Email against every purchase with a denomination of number of units applied for.
7. The Units may be transferred by way of inheritance/gift and/or by specific operation of the law. In case of transfer, the fund will charge a nominal fee as decided by AIMS from time to time except in the case of transfer by way of inheritance.
8. Unit holders may split their joint account or consolidate their holdings to a joint account subject to minimum denomination of 500 (five hundred) Units. In case of split, the Scheme will charge a nominal fee as decided by the AIMS from time to time.
9. Dividend may be delivered in cash or by way of units under Cumulative Investment Plan (CIP) or both as the applicant gives option on the application form.
10. All payments /receipts in connection with or arising out of transactions in the Units applied for shall be in Bangladeshi Taka.
11. There shall be a moratorium of 90 days for sale/surrender after purchase.
Unique Trade Center (UTC), Level 6
8 Panthapath, Karwan Bazaar
Dhaka 1215, Bangladesh