Index : Create LKR 15.95 / Redeem LKR 15.21 Income : Create LKR 9.81 / RedeemLKR 9.81
 

    
     Benenifits

  • Convenient form of investing
  • A low risk method of investment
  • Capital gains and income distribution are tax free
  • As the value of the Fund grows so does the value of your investment
  • Ability to subscribe for more units in the future
  • Enables easy exit from the fund through the sale of units

    
    
The Fund is regulated by the Securities and Exchange Commission of Sri Lanka.

For further information on the Fund download the Prospectus

 

 
 
   Investing in the Fund
You may apply to purchase any number of units in the Ceylon Index Fund. The minimum investment is Rs. 10,000 (USD 100). Your investment will be divided by the Manager's selling price to determine the number of units allotted to you. The price of the unit is calculated each dealing day by ascertaining the Net Asset Value of the Fund.
   Fund Operation
The Ceylon Index Fund focuses its investment allocations on a portfolio of shares in companies that comprise the Colombo Top 10 Index (CTX 10). A passive management style is followed to reduce risk, whereby 95% of the Fund is invested in the CTX 10 under respective market capitalization proportions. The remaining 5% is invested in cash. In addition up to 10% of the Fund can be invested in Initial Public Offerings (IPOs). This would be undertaken at the discretion of the Fund Manager. IPO investments will be sold within three months of the stock being listed on the Colombo Stock Exchange - unless the company is added onto the CTX 10.
   
   Investment Income
Your investment income will primarily be derived from dividend income that accrues to the Fund. Income will be distributed annually after the deduction of the Fund's operating fees and expenses. You may choose to obtain more units in the Fund by re-investing your income.