The objective of the National Equity Fund is to provide current income
to investors and long term growth of capital.
To achieve these objectives the fund invests in both income generating
fixed income securities and selected growth stocks listed on the Colombo
Stock Exchange
Asset
Allocation
The fund has the flexibility of investing up to 80% of it assets in the
stock market.
Dividend
Policy
Dividends
are paid annually, generally during the month of March.
Investment
Restrictions
Mandatory
that 10% of the fund is in liquid assets to facilitate any redemptions
(encashment) by investors.
Minimum
Investment
Rs.
1,000/=
Fees/
Charges
The fund
attracts a front end fee of 2% at the time of investment and a
management participation of 1.5% based on the net asset value of the
investment.
