CWT Emerging Bangladesh First Growth Fund (CWTEBFGF)

Growth+ dividends

CWT Emerging Bangladesh First Growth Fund (CWTEBFGF) returned 10.22% a year over the last 3 years, with cash dividends reinvested, based on NAV history through 2 Sep 2026.

Open-end growth mutual fund in Bangladesh, managed by CWT Asset Management Company Limited (CWTAMC). Tracked since Dec 2019, with dividends reinvested by default or taken as cash.

৳15.93NAV per unit
৳5 crFund size
6.8 yrsSince Dec 2019
+13.93%Per year, max (6.8 yrs)
Start 100Now 241

Total-return path since Dec 2019, dividends reinvested.

Index, not taka.

See the numbers behind this chart
Month-by-month total-return index for CWT Emerging Bangladesh First Growth Fund, dividends reinvested
MonthTotal-return index
Dec 2019100.00
Jan 2020100.00
Feb 2020100.60
Mar 202093.10
Apr 202093.10
May 202093.10
Jun 202093.70
Jul 202094.60
Aug 2020117.20
Sep 2020116.40
Oct 2020120.50
Nov 2020119.10
Dec 2020137.50
Jan 2021137.50
Feb 2021152.50
Mar 2021152.20
Apr 2021151.20
May 2021156.10
Jun 2021156.50
Jul 2021156.50
Aug 2021156.50
Sep 2021163.70
Oct 2021176.30
Nov 2021173.90
Dec 2021174.30
Jan 2022184.00
Feb 2022184.80
Mar 2022177.40
Apr 2022186.80
May 2022181.50
Jun 2022183.50
Jul 2022183.50
Aug 2022161.20
Sep 2022164.20
Oct 2022183.80
Nov 2022185.80
Dec 2022186.80
Jan 2023184.20
Feb 2023184.80
Mar 2023187.80
Apr 2023190.40
May 2023187.20
Jun 2023185.20
Jul 2023185.20
Aug 2023175.40
Sep 2023180.10
Oct 2023189.50
Nov 2023187.50
Dec 2023189.20
Jan 2024190.70
Feb 2024182.50
Mar 2024178.10
Apr 2024176.00
May 2024167.50
Jun 2024171.50
Jul 2024171.50
Aug 2024193.20
Sep 2024198.30
Oct 2024186.60
Nov 2024191.00
Dec 2024190.90
Jan 2025192.10
Feb 2025194.80
Mar 2025193.00
Apr 2025191.10
May 2025193.50
Jun 2025201.30
Jul 2025201.30
Aug 2025209.40
Sep 2025205.40
Oct 2025223.30
Nov 2025220.80
Dec 2025216.10
Jan 2026234.50
Feb 2026249.00
Mar 2026222.80
Apr 2026232.20
May 2026236.00
Jun 2026246.30
Jul 2026252.60
Aug 2026241.60
Sep 2026241.10

Latest NAV date: 3 Sep 2026.Source: CWT Asset Management Company Limited (CWTAMC)'s website.Figures as of 2 Sep 2026.

Historical returns

Total return reinvests every dividend. “Per year” is the annualized compound rate. The last column is the return on a fixed amount invested every month (SIP).

Return period Total return Per year Monthly SIP /yr
6 months+8.22%+17.12%+4.30%
Year to date+11.55%+15.70%+5.03%
1 year+17.42%+17.42%+9.77%
2 years+21.62%+10.28%+13.50%
3 years+33.91%+10.22%+12.68%
5 years+47.34%+8.06%+9.39%
Max (6.8 yrs)+141.12%+13.93%+10.89%

Bars in each column are relative to the largest figure in that column, not a 0 to 100% scale.

Figures as of 3 Sep 2026 Total return includes the fund’s cash dividends (about 12.75%/yr), reinvested by default.

Rolling returns & path risk

A single look-back can flatter or punish a start date. These figures walk the whole history.

Rolling window Latest Median Best Worst Windows
1 year+17.38%+13.20%+67.67%-10.52%70
3 years+10.21%+7.75%+26.93%+0.76%46

Each window is annualized total return (dividends reinvested). Latest is the most recent closed window; median / best / worst summarize every overlapping window of that length. Tap ? on a column header for a short tip.

Path risk over the same fixed 3-year window as the rating:

8.8%Downside deviation
-12%Worst drop
92%Positive 12-mo windows
15.1%Volatility (ann.)

Downside deviation only counts losing months. Worst drop is the deepest peak-to-trough fall inside the window. These are measured facts from the NAV series; the star composite that uses them stays experimental.

Calculate your return

Just this fund. Set an amount, pick one-time or monthly, and choose a period.

৳
Dividends
See the numbers behind this chart
Month-by-month value of a ৳1,000 lump sum in CWT Emerging Bangladesh First Growth Fund, dividends reinvested
MonthValue of ৳1,000
Dec 2019৳1,000
Jan 2020৳1,000
Feb 2020৳1,006
Mar 2020৳931
Apr 2020৳931
May 2020৳931
Jun 2020৳937
Jul 2020৳946
Aug 2020৳1,172
Sep 2020৳1,164
Oct 2020৳1,205
Nov 2020৳1,191
Dec 2020৳1,375
Jan 2021৳1,375
Feb 2021৳1,525
Mar 2021৳1,522
Apr 2021৳1,512
May 2021৳1,561
Jun 2021৳1,565
Jul 2021৳1,565
Aug 2021৳1,565
Sep 2021৳1,637
Oct 2021৳1,763
Nov 2021৳1,739
Dec 2021৳1,743
Jan 2022৳1,840
Feb 2022৳1,848
Mar 2022৳1,774
Apr 2022৳1,868
May 2022৳1,815
Jun 2022৳1,835
Jul 2022৳1,835
Aug 2022৳1,612
Sep 2022৳1,642
Oct 2022৳1,838
Nov 2022৳1,858
Dec 2022৳1,868
Jan 2023৳1,842
Feb 2023৳1,848
Mar 2023৳1,878
Apr 2023৳1,904
May 2023৳1,872
Jun 2023৳1,852
Jul 2023৳1,852
Aug 2023৳1,754
Sep 2023৳1,801
Oct 2023৳1,895
Nov 2023৳1,875
Dec 2023৳1,892
Jan 2024৳1,907
Feb 2024৳1,825
Mar 2024৳1,781
Apr 2024৳1,760
May 2024৳1,675
Jun 2024৳1,715
Jul 2024৳1,715
Aug 2024৳1,932
Sep 2024৳1,983
Oct 2024৳1,866
Nov 2024৳1,910
Dec 2024৳1,909
Jan 2025৳1,921
Feb 2025৳1,948
Mar 2025৳1,930
Apr 2025৳1,911
May 2025৳1,935
Jun 2025৳2,013
Jul 2025৳2,013
Aug 2025৳2,094
Sep 2025৳2,054
Oct 2025৳2,233
Nov 2025৳2,208
Dec 2025৳2,161
Jan 2026৳2,345
Feb 2026৳2,490
Mar 2026৳2,228
Apr 2026৳2,322
May 2026৳2,360
Jun 2026৳2,463
Jul 2026৳2,526
Aug 2026৳2,416
Sep 2026৳2,411
৳1,000 · Dec 2019৳2,411 · 3 Sep 2026

Total-return NAV rebased to your amount. Dividends are reinvested by default; switch to taken as cash above.

Fund details

Management fee2.50% down to 1.00% per year (tiered by fund size)
Early-exit feeNo separate exit load; sale/repurchase spread (~BDT 0.30/unit, capped at 5% of sale price)
Minimum investment500 units individual / 5,000 units institution (BDT 5,000 / BDT 50,000)
LiquidityOpen-end, redeemable weekly at NAV
Asset managerCWT Asset Management Company Limited (CWTAMC)
SponsorCWT Asset Management Company Limited (CWTAMC)
TrusteeSandhani Life Insurance
CustodianBRAC Bank
Face valueBDT 10 per unit

What CWT Emerging Bangladesh First Growth Fund holds

As of 30 Jun 2026

From the fund’s quarterly portfolio disclosure. Percentages by market value.

Asset mix
Listed equity 76.81%Term deposit 10.85%Cash at bank 4.51%Non-listed mutual fund unit 4.00%Corporate bond / Sukuk 2.68%Government treasury bond 1.15%
Sector allocation
Bank33.28%
Engineering19.12%
Pharmaceuticals & Chemicals11.40%
Telecommunication6.88%
Services & Real Estate4.07%
Miscellaneous2.05%
Top holdings
BRAC Bank12.02%
avg cost ৳31.24 · stmt mkt ৳65.50
Term deposits10.85%
BSRM Steels10.03%
avg cost ৳69.40 · stmt mkt ৳86.60
Prime Bank9.69%
avg cost ৳21.73 · stmt mkt ৳30.00
BSRM Limited9.09%
avg cost ৳93.40 · stmt mkt ৳105.60
Marico Bangladesh7.76%
avg cost ৳2,521.74 · stmt mkt ৳2,771.20
Robi Axiata6.88%
avg cost ৳31.69 · stmt mkt ৳32.60
Dutch-Bangla Bank5.01%
avg cost ৳44.14 · stmt mkt ৳44.40
Eastern Housing4.07%
avg cost ৳91.58 · stmt mkt ৳91.90
VAML Growth Fund4.00%
avg cost ৳12.88 · stmt mkt ৳10.12
Pubali Bank3.83%
avg cost ৳27.84 · stmt mkt ৳36.90
Square Pharmaceuticals3.64%
avg cost ৳216.00 · stmt mkt ৳224.00
Jamuna Bank2.73%
avg cost ৳21.86 · stmt mkt ৳24.00
Beximco Green Sukuk2.68%
avg cost ৳72.27 · stmt mkt ৳75.00
Bangladesh Shipping Corporation2.05%
avg cost ৳111.75 · stmt mkt ৳112.20
TB2Y11261.15%
avg cost ৳100.00 · stmt mkt ৳100.75

Each bar is sized against the largest name in this list, so you can compare them to each other. The percentage is still that name’s share of the whole fund.

Its 5 largest holdings are 51.68% of the fund.

What changed in the latest statement

31 Mar 2026 → 30 Jun 2026before now

+ Term deposits · new, 10.85%+ BSRM Limited · new, 9.09%+ Dutch-Bangla Bank · new, 5.01%+ Eastern Housing · new, 4.07%+ VAML Growth Fund · new, 4.00%+ Beximco Green Sukuk · new, 2.68%+ Bangladesh Shipping Corporation · new, 2.05%+ TB2Y1126 · new, 1.15%− Ibn Sina Pharmaceutical · no longer held− Reliance Insurance · no longer held
BRAC Bank17.93% → 12.02%
Jamuna Bank5.81% → 2.73%
Prime Bank12.53% → 9.69%
Marico Bangladesh10.08% → 7.76%
BSRM Steels8.05% → 10.03%
Robi Axiata8.70% → 6.88%

Asset mix: Listed equity 79.81% → 76.81%; Cash at bank 12.55% → 4.51%; Non-listed mutual fund unit 6.00% → 4.00%; Term deposit is new (10.85%); Corporate bond / Sukuk is new (2.68%).

Its 5 largest holdings went from 57.48% to 51.68% of the fund.

Position sizes shift with both trading and market prices; both snapshots come from the fund manager’s own statements.

✓ Verified from CWT quarterly portfolio statement (30 Jun 2026). Holdings are disclosed quarterly, so they can lag the latest daily NAV.

Side by side with another fund

Questions about CWT Emerging Bangladesh First Growth Fund (CWTEBFGF)

What kind of fund is CWT Emerging Bangladesh First Growth Fund?
CWT Emerging Bangladesh First Growth Fund is an open-end growth mutual fund in Bangladesh, managed by CWT Asset Management Company Limited (CWTAMC). You buy and redeem units at its published net asset value (NAV), and it has no fixed maturity.

What is the historical return of CWT Emerging Bangladesh First Growth Fund?
Over roughly 6.8 years to 3 Sep 2026, CWT Emerging Bangladesh First Growth Fund returned about +13.93% per year, as a total return with dividends reinvested. The figure changes with the period you choose, and past performance does not guarantee future results.

What are the fees for CWT Emerging Bangladesh First Growth Fund?
CWT Emerging Bangladesh First Growth Fund charges a management fee of 2.50% down to 1.00% per year (tiered by fund size). Its published NAV, and so every return shown, is already net of this fee.

Does CWT Emerging Bangladesh First Growth Fund have an exit load?
No separate exit load; sale/repurchase spread (~BDT 0.30/unit, capped at 5% of sale price).

What is the minimum investment for CWT Emerging Bangladesh First Growth Fund?
CWT Emerging Bangladesh First Growth Fund has a one-time minimum of 500 units individual / 5,000 units institution (BDT 5,000 / BDT 50,000) and a monthly SIP from BDT 1,000/month.

Is CWT Emerging Bangladesh First Growth Fund Shariah-compliant?
No. CWT Emerging Bangladesh First Growth Fund is a conventional open-end fund, not Shariah-certified. ReturnKoto? has a one-tap filter to show only Shariah funds.

Compare CWT Emerging Bangladesh First Growth Fund (CWTEBFGF) with other funds →
ExperimentalReturnKoto? ratingstill being calibrated

Rules-based rating for each fund. Experimental; treat as one input for your own research. Every sub-score is on the ratings page.

3 of 56th of 16 growth funds

A rules-based score over the same fixed 3-year window every fund is measured on: return against its benchmark, downside deviation, worst drop and consistency, on a scale set for growth funds.

5-year rating: 4 of 5 over the same fixed 5-year window (1st of 14).

Stars capped at 3: over this window its return did not beat both of its yardsticks, the 91-day T-bill and (for equity funds) the DSEX index.

Return / year (3 yr)
+10.90%
Downside deviation
8.8%
Worst drop
-12%
Consistency
92%
Versus the market (DSEX)

Beta 0.52 · historically moved about 0.52% for each 1% move in the DSEX market index. DSEX explains roughly 23% of its month-to-month swings.

✓ Rules-based, measured from the fund’s own NAV history. How the rating will work.