Year to Date(YTD 2022)
*Performance of the fund are based on month end prices as of 30th June 2022. Unit Trust returns are variable and subject to change. Past performance is not an indication of future performance. Investors are advised to read and understand the contents of the Explanatory Memorandum and the risks associated before investing. Investors should consider the fees and the charges involved.
**There are no fixed income formal published benchmarks available in the country aside for the NDBIB-CRISIL 364 T-BILL INDEX and for that reason we have used the NDBIB-CRISIL 364 T-BILL INDEX as a comparator.
|Inception Date||July 2021|
|Fund Size (30th June 2022)||LKR 268.52 Mn|
|Investment Objective||To provide an annual income by investing in a portfolio of fixed income securities with a moderate level of risk|
|Minimum Investment||LKR 1,000|
|Management Fee||0.60% per annum|
|Trustee & Custodian Fee||0.15% per annum|
|Custodian Fee||LKR 15,000 per month|
Exit Fee shall be applicable for redemptions and switches, which shall be determined as per the below criteria and the rate applicable is mentioned under the respective criteria.
(a) In the case of any redemption which takes place on or before 30 days of subscription
20% x (Redemption Price – Subscription Price)
(b) In the case of any redemption which takes place after 30 days but on or before 90 days of subscription
15% x (Redemption Price – Subscription Price)
(c) In the case of any redemption which takes place after 90 days there will be no exit fee applicable
However in the event the redemption price is below the subscription price no exit fee will be applicable.