Frequently Asked Questions
Have Questions? We’re Here to Help
Explore the most commonly asked questions about our services, company, and how we support your investment journey.
Why should I invest in stock market?
Stock market gives the opportunity to earn higher return than bank deposits and saving certificate. It also provides passive income through dividends.
Why should I invest in stock market through PLFSIL?
PLFS Investments Limited provides seamless experience to clients in managing their investment account. Its portfolio managers have experience, expertise and professionalism to achieve superior market return.
Is there any probability of loss?
Investments are subject to market risk and therefore may sustain loss over a short period of time. By investing in fundamentally strong stocks over a long time horizon this downside risk can be minimized.
When will I get portfolio and transaction statement?
In case of buy/sell transaction, portfolio statement and transaction statement would be sent after the conclusion of the trading day. Portfolio statement would normally be sent quarterly through email in absence of trading. It can also be obtained through requisition by the client.
Can I withdraw any fund from my investment?
Yes, investors can withdraw funds from their investment plans both during and after the slated period. Withdrawing funds during the investment period may incur an early exit fee.
What is a/an discretionary/ non-discretionary account?
In portfolio management, discretionary account gives a broker/ portfolio manager permission to make investment decisions on behalf of the investor according to the agreed investment mandate.
In a non- discretionary account, the owner/investor makes the investment decision and broker/portfolio manager only executes the buy/sell order
Will there be any margin loan facility?
For non-discretionary accounts, margin loan facility is offered to qualified investors.
What is margin call?
An investor’s margin account contains securities bought with a combination of the investor’s own money and money that was borrowed from the investor’s merchant bank. A margin call is a request for funds from a broker/ portfolio manager when the percentage of an investor’s equity in a margin account falls below the broker’s required amount.
What are the required documents for opening an account?
- 2 copies of photographs of account holder.
- 2 photocopies of bank account statement/ cheque leaf.
- Photocopy of NID card
- 1 copy of photograph of nominee with NID
- 2 copies of photograph of joint account holder ( if any)
- Photocopy of NID of joint account holder (if any)
- Tin certificate ( if any)
Can I open an investment account without a bank account?
No, due to regulatory requirements, a BO account can be opened only when paired with the investor’s bank account.
Can expatriates open a BO account?
Bangladeshi nationals living abroad can open a BO account submitting necessary documents supporting his/her residence status.
Where does PLFSIL invest fund?
PLFS invests fund in primary/secondary equity shares of publicly traded companies in Bangladesh as well as in bonds / treasury bills/ deposit in scheduled banks.
Can I trade in both DSE and CSE?
Yes, as an investor you can trade in both DSE and CSE using the same BO account.
How can I place a buy/sell order?
To place a buy/sell order a client can communicate via phone/ email or visit physically. Alternatively one can also use the mobile trading application from the broker.
Can I invest in international stock market through BO account?
As par regulations, as a local investor a client is not allowed to invest in foreign stock markets.
