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Phoenix Finance 1st Mutual Fund is a Bangladesh-based closed-ended mutual fund. The objectives of the Fund are to provide an attractive dividend to the unit holders by investing the proceeds in the capital market and money market. The Fund invests in various sectors, including banks, funds, engineering, food and allied products, fuel and power, textiles, pharmaceuticals and chemical, services, cement, tannery industries, ceramic industry, insurance, telecommunication, travel and leisure, finance and leasing, corporate bond, and miscellaneous. The Fund is managed by ICB Asset Management Company Limited.
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