NDB Wealth’s Income Fund paves the way for new investment opportunities

July 29, 2021 at 11:47 AM

NDB Wealth, the expert wealth and financial planner has always provided investors with solid and sensible investment plans to help enhance their financial growth. Backed by years of experience in the Sri Lankan capital markets, NDB Wealth Management has thoughtfully curated their portfolio to include new financial products and services that will support both individuals and organisations.

NDB Wealth’s Income fund is the ideal account for the savers looking for a higher yielding alternative to grow their portfolio. The Income fund allows investors to increase their income in the current low interest rate environment.

Vindhya Jayasekara, Vice President Investments at NDB Wealth stated, “Having a capable investment team with the required expertise who are backed by a strong team of well-trained advisors is our core strength. Our team is well trained to think of the client’s well-being by considering each individual’s financial requirements. We focus on educating investors of the potential risks and guide them to make beneficial decisions before introducing them to investment products.

The Income Fund by NDB Wealth is an open-ended Fixed Income fund, invested in corporate debt instruments including commercial paper, securitized paper, Sri Lanka Treasury Bills, Bonds and government securities backed by repurchase transactions. The Fund aims to enhance returns by investing in a diversified portfolio of corporate debt securities.

NDB Wealth is a fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

*Current yield is variable and subject to change. Past performance is not indicative of future performance.

Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.