31 March 2023 08:49 am Views - 164
National Asset Management Limited (NAMAL), set up in 1991, is Sri Lanka’s pioneering unit trust company. NAMAL is a subsidiary of Union Bank of Colombo PLC, in association with DFCC Bank PLC.
The NAMAL High Yield Fund is an open-ended money market unit trust fund launched in 2012 and approved by the Securities and Exchange Commission of Sri Lanka. The fund invests in short-term fixed-income products and enables investors to enhance returns on their savings whilst ensuring a low-risk profile through a diversified portfolio of securities and provides immediate liquidity. The fund is managed by NAMAL’s experienced team of fund managers. The NAMAL High Yield Fund is ideally suited for both individual and institutional investors.
The NAMAL High Yield Fund is rated A- (Stable) by Lanka Ratings.
NAMAL launched Sri Lanka’s first equity unit trust, the National Equity Fund, in 1991 and Sri Lanka’s first listed unit trust, the NAMAL Acuity Value Fund, in 2009. NAMAL has been at the forefront of innovation in the unit trust industry with over 12,500 investors. Backed by two leading banks, the company has established an impeccable reputation for its solid financial standing, fund performance and service excellence over three decades.