Fund Performance

Historical Performance upto 26th March 2013

 

Period Fund Index (ASPI) Index (MPI)
I Month 1.28% 1.68% 3.27%
3 Months 5.33% 2.05% 7.07%
YTD 2011 5.33% 2.05% 7.07%
Since Relaunch 0.00% -0.07% 2.34%

 

Fund Highlights

 

  27th Dec 2011
US$
27th Mar 2012
US$
26th June 2012
US$
25th Sep 2012
US$
31st Dec 2012
US$
26th Mar 2013
US$
Total Net Asset value 2,429,518.73 2,019,720 1,873,363.84 2,166,076.94 2,195,348 2,312,433
Net asset value per unit 0.83 0.69 0.64 0.74 0.75 0.79
Total market value 2,257,714 1,610,961 1,465,294.81 1,531,065.57 1,724,093 1,513,828
No. of redeemable shares  2,927,131 2,927,131 2,927,131 2,927,131 2,927,131 2,927,131
ASPI 5982 5,425 4,989.99 5,926.29 5,643.00 5,745.55
ASPI Movement -10% -9% -8% 19% -5% 2%
NAV Movement -21% -17% -7% 16% 1% 5%

 

 

 

 

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

 

Year 2004
Year 2005
Year 2006
Year 2007
Year 2008
Year 2009
Year 2010
Year 2011

 

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.