In my opinion, being in the industry for over 30 years trading investing in both liquid and illiquid markets globally, unfortunately Bangladesh is not yet ready for Open End Funds due to unintended structural risks. Unless it is a money market fund that has high level of underlying liquid securities,
all open-end funds should be converted to closed End form and/or erpetual under section 20a of securities law in Bangladesh to reduce a potential of a spiraling liquidity crisis in an illiquid market.

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