HFAML-ACME Employees' Unit Fund (HFACMEUF)

Growth

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

৳1,00,000 invested 3 years ago is ৳88,010 today.

HFAML-ACME Employees' Unit Fund (HFACMEUF) returned -4.17% a year over the last 3 years as a one-time investment, with cash dividends reinvested, based on NAV history through 27 Sep 2026.

This fund৳88,010
Sanchayapatra at 11.7%/yr৳1,39,367
Worst fall
-23.7%
Last 3 years, to Jul 2026
Whole record
+5.21%/yr
7.2 yrs · Data from Jul 2019
NAV per unit
৳9.00
27 Sep 2026
Fund size
৳13 cr
Net assets
Start 100Now 144

Total-return path since Jul 2019, dividends reinvested.

Index, not taka.

See the numbers behind this chart
Month-by-month total-return index for HFAML-ACME Employees' Unit Fund, dividends reinvested
MonthTotal-return index
Jul 2019100.00
Aug 2019100.00
Sep 2019100.00
Oct 2019100.00
Nov 201997.00
Dec 201993.10
Jan 202085.60
Feb 202096.10
Mar 202094.30
Apr 202094.30
May 202094.30
Jun 202094.30
Jul 202093.60
Aug 202093.60
Sep 202093.60
Oct 2020104.90
Nov 2020104.60
Dec 2020122.20
Jan 2021122.20
Feb 2021126.30
Mar 2021126.30
Apr 2021126.30
May 2021136.00
Jun 2021142.60
Jul 2021150.50
Aug 2021159.70
Sep 2021169.90
Oct 2021163.30
Nov 2021160.60
Dec 2021160.40
Jan 2022160.40
Feb 2022136.70
Mar 2022135.90
Apr 2022163.90
May 2022155.70
Jun 2022159.60
Jul 2022151.40
Aug 2022158.00
Sep 2022159.40
Oct 2022156.90
Nov 2022158.10
Dec 2022158.30
Jan 2023159.80
Feb 2023146.80
Mar 2023159.00
Apr 2023160.10
May 2023161.50
Jun 2023162.80
Jul 2023162.80
Aug 2023162.20
Sep 2023163.60
Oct 2023163.30
Nov 2023162.70
Dec 2023164.00
Jan 2024143.20
Feb 2024154.50
Mar 2024144.40
Apr 2024137.20
May 2024131.60
Jun 2024132.40
Jul 2024132.40
Aug 2024149.70
Sep 2024142.70
Oct 2024134.30
Nov 2024135.60
Dec 2024133.60
Jan 2025130.00
Feb 2025133.10
Mar 2025132.30
Apr 2025127.50
May 2025125.10
Jun 2025127.20
Jul 2025138.70
Aug 2025137.40
Sep 2025135.80
Oct 2025133.10
Nov 2025127.30
Dec 2025127.30
Jan 2026131.80
Feb 2026137.10
Mar 2026137.10
Apr 2026134.80
May 2026133.90
Jun 2026142.20
Jul 2026147.80
Aug 2026147.80
Sep 2026143.90

Where these numbers come from

  1. PricesNAV from HF Asset Management Limited (HFAML)'s website, checked four times a day. Latest print 27 Sep 2026.
  2. Dividends5 cash dividends on record, dated to the fund manager’s own payment dates. See the record
  3. Fund manager reviewNot yet reviewed by the fund manager.

Figures as of 27 Sep 2026. How every figure is built

Among 20 growth funds

19th of 20 by return over the last 3 years, one-time with dividends reinvested.

Return per year

Lowest -5.06%Middle +6.41%Highest +13.05%

Worst fall from a peak

Deepest -24.5%Middle -13.6%Smallest -8.1%

Fell less than 1 of the other 18.

See all 20 growth funds
#FundPer yearWorst fall
1Ekush Growth Fund (EGF)+13.05%-9.7%
2EDGE AMC Growth Fund (EDGEAMCGF)+11.73%-11.0%
3EDGE Bangladesh Mutual Fund (EDGEBDMF)+11.68%-11.3%
4IDLC Growth Fund (IGF)+10.04%-8.8%
5CWT Emerging Bangladesh First Growth Fund (CWTEBFGF)+9.24%-12.2%
6BCB ICL Growth Fund+9.16%-12.4%
7VIPB Growth Fund+7.91%-14.2%
8Esquire ICL Apparel Fund+7.82%-14.0%
9VIPB NLI 1st Unit Fund+7.04%-13.6%
10VIPB SEBL 1st Unit Fund+6.97%-14.0%
11CWT Opportunities Fund (CWTOF)+5.85%-13.5%
12CWT Sadharan Bima Growth Fund (CWTSBGF)+5.84%-15.0%
13IDLC AML Shariah Fund (IAMLSF) Shariah+2.91%-9.9%
14UCB Taqwa Growth Fund Shariah+2.83%-8.1%
15CWT Community Bank Shariah Fund (CWTCBSF) Shariah+2.38%n/a
16Shanta First Income Unit Fund (SFIUF)+0.34%-23.3%
17Shanta Amanah Shariah Fund (SASF) Shariah-1.98%-21.2%
18HFAML Shariah Unit Fund (HFSUF) Shariah-2.27%-18.6%
19HFAML-ACME Employees' Unit Fund (HFACMEUF)-4.17%-23.7%
20HFAML Unit Fund (HFUF)-5.06%-24.5%

Return: one-time, dividends reinvested, over the last 3 years to each fund’s latest NAV (27 Sep 2026 to 29 Sep 2026). Worst fall: the 3 years to Jul 2026, monthly points. Past returns do not predict future ones.

Historical returns

Dividends reinvested throughout. One-time is a single amount put in at the start of the period; Monthly SIP puts the same amount in every month. Periods under 1 year show the total change, not a yearly rate.

One-time Monthly SIP
Period Total Per year Per year
6 months+5.02%Under 1 yr+2.56% total
Year to date+13.07%Under 1 yr+4.74% total
1 year+6.01%+6.01%+10.93%
2 years+0.90%+0.45%+6.69%
3 years-11.99%-4.17%+2.67%
5 years-15.30%-3.27%-0.20%
Max (7.2 yrs)+43.95%+5.21%+2.71%

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

Figures as of 27 Sep 2026 Dividends reinvested at the fund manager’s published payment dates (not the October convention).

Calculate your return

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৳
Dividends

See the numbers behind this chart
Month-by-month value of a ৳1,000 lump sum in HFAML-ACME Employees' Unit Fund, dividends reinvested
MonthValue of ৳1,000
Jul 2019৳1,000
Aug 2019৳1,000
Sep 2019৳1,000
Oct 2019৳1,000
Nov 2019৳970
Dec 2019৳931
Jan 2020৳856
Feb 2020৳961
Mar 2020৳943
Apr 2020৳943
May 2020৳943
Jun 2020৳943
Jul 2020৳936
Aug 2020৳936
Sep 2020৳936
Oct 2020৳1,049
Nov 2020৳1,046
Dec 2020৳1,222
Jan 2021৳1,222
Feb 2021৳1,263
Mar 2021৳1,263
Apr 2021৳1,263
May 2021৳1,360
Jun 2021৳1,426
Jul 2021৳1,505
Aug 2021৳1,597
Sep 2021৳1,699
Oct 2021৳1,633
Nov 2021৳1,606
Dec 2021৳1,604
Jan 2022৳1,604
Feb 2022৳1,367
Mar 2022৳1,359
Apr 2022৳1,639
May 2022৳1,557
Jun 2022৳1,596
Jul 2022৳1,514
Aug 2022৳1,580
Sep 2022৳1,594
Oct 2022৳1,569
Nov 2022৳1,581
Dec 2022৳1,583
Jan 2023৳1,598
Feb 2023৳1,468
Mar 2023৳1,590
Apr 2023৳1,601
May 2023৳1,615
Jun 2023৳1,628
Jul 2023৳1,628
Aug 2023৳1,622
Sep 2023৳1,636
Oct 2023৳1,633
Nov 2023৳1,627
Dec 2023৳1,640
Jan 2024৳1,432
Feb 2024৳1,545
Mar 2024৳1,444
Apr 2024৳1,372
May 2024৳1,316
Jun 2024৳1,324
Jul 2024৳1,324
Aug 2024৳1,497
Sep 2024৳1,427
Oct 2024৳1,343
Nov 2024৳1,356
Dec 2024৳1,336
Jan 2025৳1,300
Feb 2025৳1,331
Mar 2025৳1,323
Apr 2025৳1,275
May 2025৳1,251
Jun 2025৳1,272
Jul 2025৳1,387
Aug 2025৳1,374
Sep 2025৳1,358
Oct 2025৳1,331
Nov 2025৳1,273
Dec 2025৳1,273
Jan 2026৳1,318
Feb 2026৳1,371
Mar 2026৳1,371
Apr 2026৳1,348
May 2026৳1,339
Jun 2026৳1,422
Jul 2026৳1,478
Aug 2026৳1,478
Sep 2026৳1,439
৳5,000 · Jul 2019৳7,195 · 27 Sep 2026

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

How rough was the ride

Returns tell you where HFAML-ACME Employees' Unit Fund (HFACMEUF) ended up. These tell you what holding it felt like on the way.

Worst fall from a peak (last 3 years)

-23.7%

Dec 2023 to May 2025 · Has not regained that peak yet.

Worst 12 months (last 3 years)

-18.7%

Best 12 months: +11.8%.

How bumpy (last 3 years)

16.0%

Yearly swing, bumpier than most.

Market sensitivity (last 3 years)

0.59

Against DSEX, partly follows the market.

Positive 12-month spells (last 3 years)

32%

Share of rolling years that ended up.

Measured over the 3 years to Jul 2026, the same fixed window every rated fund is measured on, on monthly total-return points with dividends reinvested. How bumpy is the annualized standard deviation of those monthly returns; the worst fall is the largest peak-to-trough drop inside the window. Full method.

Rolling returns, full history

Every closed 1-year and 3-year window since Jul 2019, one-time with dividends reinvested, shown per year. A single look-back can flatter or punish a start date.

Rolling window Latest Median Best Worst Windows
1 year+5.96%+2.91%+81.52%-18.67%75
3 years-4.19%-2.13%+23.13%-8.03%51

Latest is the most recent closed window; median, best and worst summarize every overlapping window of that length.

Dividend record

5 cash dividends, ৳5.65 per unit in total on a ৳10 unit (56.5% of face value).

  1. 27 Feb 2020৳0.90 per unit · 9% of face
  2. 31 Dec 2020৳1.00 per unit · 10% of face
  3. 2021No cash dividend
  4. 4 Apr 2022৳2.10 per unit · 21% of face
  5. 15 Mar 2023৳0.90 per unit · 9% of face
  6. 4 Feb 2024৳0.75 per unit · 7.5% of face

৳1,00,000 held max (7.2 yrs)

Dividends reinvested৳1,43,950
Taken as cash৳1,41,680

Cash kept aside, not reinvested. Reinvesting added about ৳2,270.

Percentages are of the ৳10 face value, gross of tax. Each dividend is reinvested on the fund manager’s published payment date. Record: hfassetmanagement.com. Method

Costs and fund details

Management fee2.50% down to 1.00% per year (tiered by fund size)
Early-exit feeNo separate exit load; sale/repurchase spread (currently about 2% of NAV, capped at 2% by the prospectus)
Minimum investment100 units individual / 500 units institution
LiquidityOpen-end; surrendered back to the fund at NAV, not sold on an exchange. Confirm current dealing days and pricing with the AMC.
Asset managerHF Asset Management Limited (HFAML)
SponsorThe ACME Laboratories Limited Employees' Provident Fund
TrusteeInvestment Corporation of Bangladesh (ICB)
CustodianBRAC Bank
Face valueBDT 10 per unit

What HFAML-ACME Employees' Unit Fund holds

As of 30 Jun 2026

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

Asset mix
Listed equity 50.24%FDR / term deposit 23.82%Open-end mutual fund 10.56%Listed mutual funds 9.06%Government treasury bond 3.39%Cash at bank 1.54%Corporate bond / Sukuk 1.39%
Sector allocation
Bank11.87%
Financial Institutions8.55%
Fuel & Power8.38%
Insurance5.44%
Cement5.17%
Pharmaceuticals & Chemicals2.45%
Travel & Leisure2.38%
Engineering1.79%
Food & Allied1.68%
IT1.33%
Ceramics0.47%
Telecommunication0.39%
Tannery0.34%
Top holdings
1st ACACIA SRIM SME Growth Unit Fund5.00%
avg cost ৳15.78 · stmt mkt ৳14.04
Mutual Trust Bank4.05%
avg cost ৳14.19 · stmt mkt ৳13.60
United Power Generation & Distribution3.63%
avg cost ৳267.98 · stmt mkt ৳123.90
LafargeHolcim Bangladesh3.46%
avg cost ৳85.32 · stmt mkt ৳56.00
Pioneer Insurance3.00%
avg cost ৳95.50 · stmt mkt ৳71.91
Green Delta Insurance2.44%
avg cost ৳103.25 · stmt mkt ৳67.00
Delta Brac Housing Finance Corp2.20%
avg cost ৳68.78 · stmt mkt ৳41.00
The Peninsula Chittagong2.19%
avg cost ৳27.02 · stmt mkt ৳23.50
Grameen One : Scheme Two2.09%
avg cost ৳18.93 · stmt mkt ৳12.90
Vanguard AML BD Finance Mutual Fund One1.97%
avg cost ৳9.74 · stmt mkt ৳7.10
One Bank1.85%
avg cost ৳12.03 · stmt mkt ৳8.00
CAPM Unit Fund1.79%
avg cost ৳106.64 · stmt mkt ৳95.64

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 19.14% of the fund.

✓ Verified from HF AML 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 HFAML-ACME Employees' Unit Fund (HFACMEUF)

What kind of fund is HFAML-ACME Employees' Unit Fund?
HFAML-ACME Employees' Unit Fund is an open-end growth mutual fund in Bangladesh, managed by HF Asset Management Limited (HFAML). You buy and redeem units at its published net asset value (NAV), and it has no fixed maturity.

What is the historical return of HFAML-ACME Employees' Unit Fund?
Over roughly 7.2 years to 27 Sep 2026, HFAML-ACME Employees' Unit Fund returned about +5.21% per year as a one-time investment, 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 HFAML-ACME Employees' Unit Fund?
HFAML-ACME Employees' Unit 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 HFAML-ACME Employees' Unit Fund have an exit load?
No separate exit load; sale/repurchase spread (currently about 2% of NAV, capped at 2% by the prospectus).

What is the minimum investment for HFAML-ACME Employees' Unit Fund?
HFAML-ACME Employees' Unit Fund has a one-time minimum of 100 units individual / 500 units institution.

Is HFAML-ACME Employees' Unit Fund Shariah-compliant?
No. HFAML-ACME Employees' Unit Fund is a conventional open-end fund, not Shariah-certified. ReturnKoto? has a one-tap filter to show only Shariah funds.

Compare HFAML-ACME Employees' Unit Fund (HFACMEUF) 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.

1 of 5

Score 18.5, 18th of 19 growth funds by score. 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.

Over this window its return beat neither yardstick: the 91-day T-bill average (10.9%/yr) nor the DSEX (-3.2%/yr).

5-year rating: 1 of 5 over the same fixed 5-year window (score 24.3, 15th of 16 by score).

One-time, per year (3 yr)
-3.20%
Downside deviation
10.9%
Worst drop
-24%
Consistency
32%
Versus the market (DSEX)

Beta 0.59 · historically moved about 0.59% for each 1% move in the DSEX market index. DSEX explains roughly 25% of its month-to-month swings.

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