Primary market trading order of ‘Mandal Future Growth’ fund launches

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Ulaanbaatar /MONTSAME/. On June 30, ringing-the-bell ceremony was organized for primary market opening of the ‘Mandal Future Growth’ Fund, the closed-end investment fund managed by ‘Mandal Asset Management UTsK’ LLC. 

To honor the occasion of the primary market opening of the ‘Mandal Future Growth’, D.Bayarsaikhan, Chairman of Financial Regulatory Commission, A.Munkhbaysgalan, Head of Regulatory Department of Mongolian Stock Exchange, U.Ganzorig, Chairman of ‘Mandal Financial Group’ LLC, G.Ganzorig, CEO of ‘Mandal Asset Management UTsK’ LLC and other delegators visited Mongolian Stock Exchange and opened the 6,503th securities trading of MSE by ringing the bell.

‘Mandal Future Growth’ fund is offering units worth MNT 47.5 billion at price of MNT 1,000 per unit with 10-year maturity to the public and ‘Mandal Asset Management UTsK’ LLC is working as management company, ‘Apex Capital UTsK’ LLC as underwriter.

The subscription for the fund’s units will take place during the period between June 30, 2021 and August 10, 2021, from 10 am to 4 pm.