Thank you very much for sparing your valuable time with us in order to discuss the financial solutions NDB Wealth could offer for you,
Fact Sheets are attached below.
1) Security
We ( NDB Wealth Management) are a fully owned subsidiary of NDB Bank,while being authorized by Security and Exchange Commission of Sri Lanka to act as a fund management and unit trust company. As a fund management company our funds are kept under the custody of Two trustee banks (Bank of Ceylon and Deutsche Bank) whom in turn will have the total responsibility over the funds.
Your investment will be safe with the two trustee banks while we will only be taking the best investment decisions on behalf of our clients with utmost care and professionalism.
2) Interest / Return
Depending on the client requirement, we invest their money in either Money Market Funds, Bond Market funds or equity Market Funds.
With the current economic condition in the Sri Lanka, we would like to recommend Money Market fund which invest exclusively in short term government securities such as Treasury Bills and Repo's.
We would like to recommend the NDB Money fund plus for your Investments
NDB Money Plus Fund - Current yield is approximately 10.5% p.a with 100% liquidity where you can deposit and withdraw any time.
* Please find the attached latest fact sheet of NDB Money fund for further Details
3) Investment Process
Once you open the account, you may deposit cash through any of our five collection accounts.
Funds will be taken for the investment on the next working day and a SMS, E mail and written confirmation will be delivered to you.
Funds can be withdrawn to any bank account in a mode of a RTGS/SLIP transfer within 24 hour notice ( Free of Charge)
4) Benefits
Tax free Income ( All profits earned from this investment is tax free at the hand of the investor )
Deposit and withdraw anytime ( Funds can be deposited and withdrawn without any restrictions or penalties)
Hope above details may help you to make a prudent investment decision with us.
Please do not hesitate to contact me at anytime to clear any doubts you may have.