The Ceylon Income Fund invests only in debt instruments issued by corporates rated ‘Investment Grade’ (BBB or better) by Fitch or RAM Ratings. “With nearly 50% of the portfolio secured against assets, the risk of the portfolio was rated A-(lk) by Fitch Ratings,” said Dulindra Fernando, Managing Director of Ceylon Asset Management. The Trustee and Custodian of the fund is Deutsche Bank while the fund is audited by PricewaterhouseCoopers. The fund is licensed to operate under the regulatory framework of the Securities and Exchange Commission of Sri Lanka.
Ceylon Asset Management is an Associate Company of Sri Lanka Insurance Corporation.