Simplify the following text for a Grade 8 native English-speaking person.
Original: On July 11 , 2005 the Grameen Mutual Fund One ( GMFO ) , approved by the Securities and Exchange Commission of Bangladesh , was listed as an Initial Public Offering .
Simplified: On 11 July 2005 the Grameen Mutual Fund One ( GMFO ) , was listed as an Initial Public Offering .