| Ceylon Asset Management |
 |
|
|
Ceylon Asset Management is the only Index Fund Management Company in Sri Lanka with a track record of over a decade. Based on experience and research Ceylon Asset Management has developed an in-house investible index, the Colombo Top 10 Index (TOP 10 Index), which consists of ten top performing companies listed on the Colombo Stock Exchange (CSE). Ceylon Asset Management is licensed by the Securities and Exchange Commission of Sri Lanka. Click here to view our Board of Directors and Investment Committee.
|
|
| The Company manages the following funds: |
 |
|
|
 |
|
|
 |
|
|
| A Growth (Equity) Fund that invests 95% of its assets in the CSE listed companies included in the TOP 10 Index. |
A growth equity fund that invests 95% of its assets in the Tourism Top 10 Index, a sector based investment portfolio selected according to the liquidity and the high market capitalization stocks listed in the CSE under Hotels & Travels sector. |
| Bloomberg Code - Ceylon Index Fund – CEYINDF:SL |
|
|
| |
|
|
|
 |
|
|
 |
|
|
| A fixed income Fund that invested in Corporate Debt of “Investment grade” (rated BBB- or above), Treasury Bills and Bank Guaranteed Debt instruments. |
|
|
|
|
|
|
|
|
|
| All your returns are TAX FREE.
All distributions and capital gains from both funds are free of tax. |
|
|
|
| |
|
| Economy & Stock Market |
| "Economic growth to double in 2010” - Michael Preiss |
| Economic Advisor-Ceylon Asset Management |
| |
|
| |
Another Record CSE Performance
in 2010? |
|
| |
|
|
|
| |
1. |
A strong tourism season expected during December to March |
|
|
|
| |
2. |
The participation of the North and East Provinces in the economy for the first time |
|
|
| |
3. |
Accelerated infrastructure development in Highways, Power generation, Ports etc |
|
|
| |
4. |
The Sri Lankan Rupee is expected to strengthen against the US Dollar |
|
|
| |
5. |
Positive news about Sri Lanka will attract global investors |
|
| |
|
|
|
|
|
| |
| |
|
| |
|
| |
|
|
|
|
| |
The Colombo Top 10 Index (TOP 10) |
| Company name |
Share price |
No of shares issued |
Market Capitalization |
Market Capital % |
| John Keells Holdings |
240.00 |
619,473,632 |
124,514,200,032 |
24.45 |
| Dialog Telekom |
10.50 |
8,143,778,405 |
77,365,894,848 |
15.19 |
| Commercial Bank |
182.00 |
234,369,170 |
42,655,188,940 |
8.38 |
| HNB |
293.00 |
190,775,595 |
52,177,125,233 |
10.25 |
| Aitken Spence Holdings |
1,800.00 |
27,066,403 |
40,599,604,500 |
8.04 |
| Carsons |
574.25 |
96,268,095 |
51,022,090,350 |
10.10 |
| Distilleries Company of Sri Lanka |
127.50 |
300,000,000 |
37,650,000,000 |
7.46 |
| Asian Hotels & Properties |
167.00 |
221,387,650 |
33,208,147,500 |
6.57 |
| John Keells Hotels |
20.75 |
1,456,146,780 |
27,302,752,125 |
5.36 |
| Hayleys |
313.50 |
75,000,000 |
22,725,000,000 |
4.46 |
| Total |
|
|
509,220,003,527 |
100 |
|
| |
|
|
| |
 |
| JKH is a top performing stock on the Colombo Bourse. Through years of careful diversification the company now offers excellent exposure to high growth sectors in the economy including exclusive access to the Colombo port as well as leisure, financial services and prime real estate projects in Colombo.
|
| read more.. |
|
 |
| A subsidiary of Axiata Group (Telecom Malaysia), Dialog enjoys the majority market share in the mobile telephone market with its tech savvy, drive for innovation in service and coverage. It has launched Dialog TV successfully and engaged in a cost-cutting exercise to sharpen its competitive edge.
|
| read more.. |
|
 |
| The largest commercial bank listed on the Bourse is a financial powerhouse recognized for its sound corporate strategies, operational management and low NPL ratio, giving it a competitive edge in the industry. Its timely investments in technology enable it to enjoy one of the lowest cost to income ratios in the industry with 170 branches and 333 ATMs.Following the recent collapse of a leading Finance Company, established local banks have benefited from the deposit migration. |
| read more.. |
|
 |
| In existence since 1888, HNB specializes in banking services to businesses and professional intermediaries looking for end-to end solutions. The bank with its widespread branch distribution network and its own corporate headquarters building is well positioned in a stable and mature industry. HNB has been a forerunner in development banking and international trade activities. |
| read more.. |
|
 |
| Aitken Spence is the industry leader in the leisure
sector owning some of the best hotels across the country. It has other diversified interests in shipping, logistics, printing, plantation, power generation, garment manufacture and insurance, providing exposure to some key growth sectors. The company is geared to penetrate regional markets having entered the Maldives and the high growth Indian market. |
| read more.. |
|
 |
| Carson Cumberbatch PLC is the holding company of a group of businesses. Its main lines of business include oil palm plantation, beverage, investment holdings, real estate and leisure sectors. Its subsidiaries include Ceylon Guardian Investment Trust PLC, Ceylon Investment PLC, Ceylon Brewery PLC and Lion Brewery (Ceylon) PLC and Shalimar (Malay) PLC. The leisure sector holds the passenger general sales agencies of Air France, KLM Royal Dutch Airlines and Northwest Airlines USA. |
| read more.. |
|
 |
| Controlling over 75% of the legal hard liquor market, Distilleries is the premier distiller in the island. The cash-rich company with an aggressive acquisition drive has diversified itself into several high growth sectors in the Sri Lankan economy. |
| read more.. |
|
 |
| The company operates the Cinnamon Grand and the Cinnamon Lakeside hotels, to control 40% of 5-star room supply in Colombo. It also promoted three residential and commercial property developments - Crescat, Monarch and Emperor in Colombo. The company incorporated in 1993, offers exposure into prime real estate and tourism opportunities in the city. |
| read more.. |
|
 |
The largest hotelier in Sri Lanka since 1979 and one of the leaders of present day tourism in the country offering the finest vacation destinations in Sri Lanka (outside of Colombo) and in the Maldives. Two indigenous brands - "Cinnamon Hotels & Resorts" and "Chaaya
|
| read more.. |
|
 |
| Hayleys PLC is a Sri Lanka-based holding company that owns directly or indirectly, investments in companies constituting the Hayleys Group, and provides services to Group companies. The Group consists of a portfolio of diverse business operations. The principal activities of the Group are categorised into four main business groups: Global Markets and Manufacturing, Agriculture and Agribusiness, Transportation and Infrastructure, and Consumer and Leisure. |
| read more.. |
|
|
|
|