The objective of the NAMAL Growth Fund is to achieve significant
growth during the medium to long term , by primarily investing in the
stock market.
To achieve this objective the fund invests in high quality, handpicked
stocks listed on the Colombo Stock Exchange that have good potential for
future growth.
Asset
Allocation
The fund has the flexibility of investing up to 90% of it assets in the
stock market.
Dividend
Policy
Due to its growth objective dividends are not paid on a regular basis.
Investment
Restrictions
Mandatory
that 10% of the fund is in liquid assets to facilitate any redemptions
(encashment) by investors.
Minimum
Investment
Rs.
5,000/=
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.
