NAMAL expands reach
National Asset Management Limited, the pioneering Unit Trust company
in Sri Lanka in its expansion drive to offer the company's retail fund
portfolio to a wider spectrum of investors added the Union Bank branch
network of 26 branches as a distribution channel recently. "It is
imperative to have a comprehensive channel strategy that will enable
investors easy access to Unit Trusts.
NAMAL Unit Trusts are now available in all Union Bank branches and
new independent distribution channels will be introduced shortly" states
Charana Jayasuriya, Head of Sales and Structuring of National Asset
Management Limited.
Unit Trusts enable individual investors to benefit from professional
fund management, investment performance, portfolio diversification,
additional investment alternatives and risk management for a low minimum
investment.
In addition, investors have the ability to redeem their investments
on a daily basis. Unit Trusts enable investors to plan for future
financial wealth, significant life milestones and a prosperous
retirement.
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