Fund Performance

Historical Performance as at 28-OCT-2014

 

Period Fund ASPI* S&P SL 20
I Month 1.03% -0.69% -1.10%
3 Months  12.64%  6.04%  6.07%
YTD 2011 30.67%  22.16%  22.73%
Since Relaunch 24.05% 21.90% 20.69%
2013 0.00% 1.90% 2.88%

 

Fund Highlights

 

  24-SEP-2013
US$
31-DEC-2013
US$
25-MAR-2014
US$
24-JUN-2014
US$
30-SEP-2014
US$
Net Asset value 2,131,056.06 2,181,886.94 2,215,409.33 2,399,994.11 2,845,764.64
Net asset value per unit 0.73 0.75 0.76 0.82 0.97
Total market value(Equity Portion) 1,643,838.15 1,697,187.26 1,991,685.23 2,140,377.66 2,643,801.39
No. of redeemable shares  2,927,131.00 2,927,131.00 2,926,131.00 2,926,131.00 2,926,131.00
ASPI 5,794.47 5,912.78 5,922.23 6,310.87 7,252.14
ASPI Movement -4.79% 2.04% 0.16% 6.56% 14.92%
NAV Movement -7.59% 2.74% 1.33% 7.89% 18.29%

 

 

 

 

 

  • The fund was re-launched in 2010 with promoters seeding the fund with USD 2 million.
  • The fund has been inactive in the last decade due to the poor investor sentiment on Sri Lanka due to the civil conflict which has since been resolved.
  • The fund underperforms the benchmark All Share Price Index due to the lack of capital and meeting redemption outflows during the initial part of the year.

 

Sri Lanka Fund – Annual Reports

 

 

 

Promoted by the largest listed equity fund in Sri Lanka - Ceylon Guardian Investment Trust PLC (CGIT). CGIT is 67% held by Carson Cumberbatch PLC a listed Sri Lankan conglomerate with business interests in oil palm plantations, brewing, investments, real estate and leisure sectors, spanning across South and South East Asia.

Currently Carsons is among the top ten capitalized companies on the Colombo Stock Exchange and together with its subsidiaries accounts for 10% of total market capitalization.