The objective of the Fund is to invest in securities issued by the government of Sri Lanka at minimal risk. In order to achieve this objective, the Fund will be invested in the following instruments:
The Manager will make investments within the parameters set out by the Securities and Exchange Commission of Sri Lanka (SEC) as well as the Unit Trust Deed of the Fund. Unless permitted by the SEC, the Manager will not make the following investments:
The Fund is valued daily on a marked-to-market basis & therefore, exposed to interest rate volatility. Currently, the interest rates remain at high levels and this risk is therefore mitigated.
* Past performance is not an indicator of future performance
Risk-Free Investment ( Government Guaranteed)
Available in a wide range of maturities from 3 months to longer duration of varied liability structures.
Efficient settlement systems for trading in Government Securities to mitigate the settlement risk.
Ease of entry and exit – High Liquidity.
Interim Cash Flows – semi-annual coupon interests on Treasury Bonds.
All income distributions and capital gains from the fund are exempted from tax within the fund since Unit Trust acts as flow through. However, individual tax brackets will apply to investors.
Ceylon Asset Management Company Limited does not accept cash.
You may apply for units of CTIF by transferring LKR from your account or by depositing a cheque to the CTIF Account in the Bank Of Ceylon. The details are as follows:
You can turn your units into cash at any time. All you have to do is send us an email to (firstname.lastname@example.org ) and we would transfer the funds to the 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