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| Sunday, 23 October 2005 |
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Business |  |
| News Business Features Editorial
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Eagle growth fund 46.78% return for nine months Eagle Growth Fund generated an excellent return of 46.78% (based on the manager's selling price) for the first nine months of the year taking full advantage of the boom in the stock market. The rise in the stock market combined with Eagle NDB's professional fund management expertise where fundamental value is the guiding principle for stock selection were the reasons for this result. The high returns generated amply demonstrates that retail investors too could easily access the stock market and enjoy its returns by investing through Unit Trusts, an investment vehicle created for the retail investors in particular. Eagle Growth Fund is the premier equity fund managed by Eagle NDB, one of the largest licensed Asset Management Company with over Rs. 14 billion assets under management. For the retail investor, Eagle NDB offers a range of mutual funds: the Eagle Growth Fund, the Eagle Gilt Edged Fund and the Eagle Income Fund to cater to investors with varying return/risk preferences where they can use the funds in different proportions to build an investment portfolio of their own. |
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