ATML launches ASTRUE Alpha Fund
Asset Trust Management (Pvt) Ltd (a unit trust management company
licensed by the Securities and Exchange Commission of Sri Lanka (SEC)),
has launched its first equity fund, the ‘ASTRUE Alpha Fund’, which is an
open ended equity fund that will invest in stocks listed on the Colombo
Stock Exchange.
Dynamically managed, the fund will use an active investment style
designed to generate returns under a wide range of market conditions
with emphasis on capital preservation. Fundamentally focused, the fund
is aimed at long term investors seeking to achieve consistent returns
over a complete market cycle. The Manager and Registrar to the ASTRUE
Alpha Fund is Asset Trust Management (Pvt) Ltd while the Trustee and
Custodian is Deutsche Bank AG, Colombo.
The ASTRUE Alpha Fund is managed by an investment management team
with years of capital market experience.
The Board is spearheaded by prominent personalities in the field of
finance such as Dr. Wickrama Weerasooria, Mangala Boyagoda, Eastman
Narangoda, Upali Witharana and Dilshan Hettiarachchi.
The fund is now open for subscription at Rs.10 per unit. Initial
subscriptions will close on July 31, 2014. |