Sri Lanka Fund re-structured

The Sri Lanka Fund has been seeded with US $ two million in total by the promoters Ceylon Guardian Investment Trust PLC and Ceylon Investment PLC in August 2010.

Currently the Fund has been re-structured to represent the growth sectors of the economy covering banking, hotels and travels, retail and infrastructure related sectors.

The much needed fund value has been increased and the portfolio restructured to substantiate the case to attract new investors to the fund.

The current portfolio is structured to exploit growth opportunities in the changing dynamics in Sri Lanka.

The current policy changes of the Government with the opening up of the Capital account to both individuals and corporate is likely to see activity via cross border transactions.

The Sri Lanka fund has been sanctioned by the Securities and Exchange Commission as a foreign fund operating in Sri Lanka and also registered under the Monetary Authority of Singapore (MAS) as a restricted foreign scheme.

The Sri Lanka Fund, the oldest country fund is promoted by the Carson Cumberbatch Group through its investment Companies Ceylon Guardian Group (Ceylon Guardian Investment Trust PLC and Ceylon Investments PLC) the country's largest listed equity fund with assets under management of over US $ 300 million.