Our Funds

Trustee and Custodian Banks
Hatton National Bank /
Deutsche Bank AG
Licenced and Regulated by
Securities and Exchange
Commission of Sri Lanka
Associate Company of
CAM

Ceylon Dollar Bond Fund

As at 25th November 2022

Buying

0.4235

Selling

0.4256

YTD Performance (Non- Annualized)

-37.35 %

Overview

Maximize Your US Dollar Investment With CDBF

Ceylon Dollar Bond Fund (CDBF) is the only US dollar-denominated mutual fund in Sri Lanka and has no exposure to rupee currency risk.

The CDBF is an open-ended fund that offers US dollar returns by investing in Government-issued Sri Lanka International Sovereign Bonds, Sri Lanka Development Bonds, and short-term Bank Deposits.

The capital and income can be repatriated freely in foreign currency to the investors’ originating bank account by the Trustee and Custodian, Deutsche Bank AG.

CDBF is licensed by the Securities and Exchange Commission of Sri Lanka (SEC) and the fund is audited by Ernst & Young

CAM
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Benefits Of Investing In The Fund

  • Tax-free USD returns
  • Withdraw anytime without penalties
  • Repatriate back to your bank account overseas
  • An alternative for NRFC and FCBU accounts
  • No Sri Lankan rupee currency risk

Investment Details

Bloomberg Code
International Security Identification Number (ISIN)
CEYDOLB:SL
LKCDBFU00004
Original Issue Price of Unit
Minimum Investment
US $ 1.00/-
US $ 1,000/-
Front End Fee
Management Fee
0.50%
0.35% per annum of assets under management
Trustee & Custodian Fees

If the AUM is less than US $ 25 Million 0.15% p.a
If the AUM is equal or more than US $ 25 Million 0.10% p.a

Exit Fees

Nil

Investors eligible to invest
  • Foreign citizens
  • Companies registered outside of Sri Lanka
  • International Fund Managers
  • Sri Lankan companies with Business Foreign Currency Accounts (BFCA)
  • Sri Lankan Citizen with Personal Foreign Currency Account (PFCA) Holders in Sri Lankan banks (former NRFC, RFC etc)
  • Sri Lankans employed overseas
Repatriation

All capital and profits earned can be repatriated overseas to the originating bank account without restriction.

Bank Details

Account Name : Ceylon Dollar Bond Fund

Account No : 00-42242-05-0

Bank : Deutsche Bank AG

Branch : Colombo

Country : Sri Lanka

Address : 86, Galle Road, Colombo 3, Sri Lanka

SWIFT Code : DEUTLKLXXXX

Documents Required To Invest In The Fund

Ceylon Asset Management Company Limited does not accept cash.

You may apply for units of CDBF by transferring USDs from your foreign currency account to CDBF Account in Deutsche Bank AG. The details are as follows:

Individual/Joint Investor

  1. Duly signed application form
  2. A copy of your passport
  3. A billing proof of address

Corporate Investor

  1. Application form signed by two authorised signatories
  2. A Board Resolution giving authority to place investments
  3. A letter of Authorization with specimen signatures to operate the investment
  4. Certified copy of Articles of Association
  5. Certified copy of Certificate of Incorporation
  6. Passport / NIC copies of the authorized signatories Information of Directors and Beneficial Owners

Procedure to Withdrawal

You can turn your units into cash at any time. All you have to do is send us an email to (redemption@ceylonam.com ) and we would transfer the funds to your designated account of yours within 01 working day

Emails received before 9.30 am on a working day, transactions will be processed based on the previous day’s closing price.

Emails received after 9.30 am on a working day, transactions will be processed based on the same day’s closing unit price

Agent

We are here to help, chat with us on WhatsApp with any questions

Agent

We are here to help, chat with us on WhatsApp with any questions