Open Ended Unit Trust Scheme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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LEADING developmental investment institution, DLM Capital Group has unveiled its fixed income fund which aims to provide capital preservation and income generation. 
The Fund, called the DLM Fixed Income Fund, is classified as an Open-ended Unit Trust Scheme and will invest at least 70 per cent of its assets in high quality fixed income securities with a term to maturity not less than 365 days, while a maximum of 30 per cent will be invested in quality money market instruments. 
The Fund is constituted by a Trust Deed in favour of UTL Trust Management Services Limited as Trustee with 5,000,000 units being offered for subscription at its launch. The DLM Fixed Income Fund will be managed by DLM Asset Management Limited, the Asset Management unit of the DLM Capital Group.  ....

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