Welcome to NAMAL the pioneering unit
trust fund management company of Sri Lanka.
National Asset Management Ltd better
known as NAMAL is the first fund management company in Sri Lanka to
be licensed by the Securities and Exchange Commission of Sri Lanka to
manage unit trusts. NAMAL is the largest manager of unit trust funds
with approximately Rs. 2 billion in assets under management and an
investor base of over 14,000 as at 31st December 2006. In addition
to unit trusts NAMAL also manage private portfolios in both Equity and
Fixed Income asset classes.
NAMAL began its operations as a public
limited liability company in 1991 and launched the first unit trust
fund in Sri Lanka, the National Equity Fund. Thereafter in 1997
NAMAL
launched NAMAL Growth Fund, NAMAL Income Fund and NAMAL
Money Market Fund to offer diversity of
investment avenues for investors and our existing clients. Now our
unit holders can select a spread of investments with the NAMAL Fund
family. They also can switch from one fund to another to manage their
market risks.
The investment philosophy at NAMAL is
value oriented. We always try to identify the difference between the
intrinsic value of an investment and its current market price. Our
investment approach is research driven and analytical. Investments
are made with proper and in depth research. To do this we have
engaged a professional team to continually research into all aspects
of an investment.
PERFORMANCE SUMMARY OF UNIT TRUSTS AS AT 31st DECEMBER 2008
Fund Name
Category
12 Months
(%)
24 Months
(%)
36 Months
(%)
NAMAL Growth Fund
Growth
-25.68
-23.21
4.42
National Equity Fund
Balanced
-23.80
-13.46
9.70
NAMAL Income Fund
Income
16.52
28.67
37.21
NAMAL Flexi Income Fund
Income
19.24
19.24
-
NAMAL Money Market Fund
Money Market
16.47
29.51
40.55
" The performance numbers above representing respective fund ferformence for the periods considering the Unit Net Asset Value and dividend distributions . The data is computed by the unit Trust Association of Sri Lanka , based on statistics provided by respective Unit Trust Management
Company. "
S Jeyavarman
President
Unit Trust Association of Sri Lanka