|Fund Facts at a Glance|
|Fund Type||Growth Fund|
|Investment Objective||Growth of Capital|
|Invests in||Equity Securities|
|Taxation||Income Free of Tax|
|Trustee||National Savings Bank|
|Custodian||Bank of Ceylon|
|Management Fees||1.650% P.A|
|Trustee Fees||0.250% P.A|
|Custodian Fees||0.085% P.A|
|Front End Fee||3%|
|Minimum initial Investment||Rs 5,000/-|
|Currency||Sri Lanka Rupees (LKR)|
|Start date||22nd January 1997|
Ceybank Century Growth Fund is the first equity Fund launched under Growth Fund category in Sri Lanka and the second Fund floated by Ceybank AML. Ceybank Century Growth Fund has become the largest unit trust in the Growth Fund category in Sri Lanka with net assets over Rs. 1,025 million as at 31st March 2013, in line with sister Fund's leading position in the Income and Growth Fund category.
The Fund seeks long term capital appreciation through investing primarily in equity securities listed in the Colombo Stock Exchange. The Fund can invest up to 97% of the assets in equity whilst maintaining 3% of the assets in near cash for reasons of liquidity in Sri Lanka Rupee denominated assets.
The Fund Manager adopts an active portfolio strategy which places particular emphasis upon large capitalized companies that are positioned for long term growth. The Fund strives to diversify the equity investments across economic sectors and individual securities in order to reduce the risk of high exposure to a specific sector or stock.
Investing in Sri Lankan equity include risks normally associated with investing in shares as well as political and economic uncertainties unique to Sri Lanka. Accordingly the unit prices can fluctuate according to the value of underlying investments. Since the investments are denominated in Sri Lanka Rupees, the investors of other currencies will have to bear the risk of currency fluctuations.
|Return %||ASI** Movement|
* Percentage change in the bid price as at 31-March-2013. Adjusted for dividends.
** ASI - Colombo Stock Exchange All Share Index
|HATTON NATIONAL BANK – NV|
|ROYAL CERAMICS LANKA PLC|
|ASIAN HOTELS & PROPERTIES PLC|
|AITKEN SPENCE HOTEL HOLDINGS PLC|
|LANKA IOC PLC|
|SINGER SRI LANKA PLC|
|JOHN KEELLS HOLDINGS PLC|
|SAMPATH BANK PLC|
|SRI LANKA TELECOM PLC|
|COMMERCIAL BANK OF CEYLON PLC-NV|
* ASI - Colombo Stock Exchange All Share Index
** MPI - Colombo Stock Exchange Milanka Price Index