ATML launches second mutual fund

Asset Trust Management (Pvt) Ltd (ATML), a market intermediary registered with the Securities and Exchange Commission of Sri Lanka (SEC), launched its second mutual fund, ASTRUE Money Market Fund recently.

ASTRUE Gilt-Edged Fund was the first fund launched by the company.

ATML has been granted a licence by the SEC to operate the ASTRUE Money Market Fund which will take advantage of short term opportunities in fixed income securities such as Treasury Bills, Bonds, Government backed Securities, corporate debt instruments and fixed deposits. ASTRUE Unit Trusts are managed by a team of investment management professionals with experience in wealth management. The new fund will cater to investors seeking a secure solution for their investment needs, while deriving attractive returns.

The Manager and Registrar to the fund is Asset Trust Management (Pvt) Ltd., while the Trustee and Custodian is Deutsche Bank AG, Colombo. Asset Trust Management (Pvt) Ltd has been awarded licences from the SEC as an Investment Manager and Unit Trust Manager.