A stock market disclosure issued by the Namal Asset Management Limited, the Managers of the Fund says there won’t be any restrictions of the percentage of units which the non residents will be permitted to hold.
Accordingly, the non residents can trade in listed units of the ‘Namal Acuity Value Fund’ with effective from 15th August 2013.
Namal Acuity Value Fund holds a Net Asset Value Rs. 1 billion.
National Asset Management Limited, the managers the Acuity Value Fund, currently operates eight Unit Trusts including the flagship National Equity Fund.