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Popular Life First Mutual Fund is a Bangladesh-based closed-ended mutual fund. The Fund's objective is to provide an attractive dividend to its unitholders by earning a superior risk-adjusted return from a diversified investment portfolio. It will invest approximately 60% of its total assets in the capital market, out of which approximately 50% includes listed securities. The Fund's investment portfolio includes sectors, such as a bank, cement, corporate bond, engineering, food and allied, fuel and power, insurance, miscellaneous, mutual funds, non-bank financial institution (NBFI), pharma, tannery, telecommunication, and travel and leisure. Bangladesh RACE Management PCL is an asset management company that serves as a manager to the Fund.
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