First Capital upbeat on the dynamic economic outlook
First Capital has specialised in securities and debt instruments, for over two decades, and is the market leader in the area of structuring and placing of listed and unlisted corporate debt products, as well as being a primary dealer in Treasury Bills and Bonds. CEO Dilshan Wirasekera explains the group’s outlook on investment.
How do unit trust investments differ from direct capital market investments?
A unit trust is essentially a pooling vehicle, in which investors do not directly take the risk, but pool their funds, allowing larger investments in certain institutions and hence enabling negotiations of better terms.
Published in Jan 2016 on the Investor Guide Issue of the Echelon Magazine in Jan 2016
First Capital Equity Fund is a collective investment scheme that invests in shares of companies listed on the Colombo Stock Exchange. They are long term investments, ideally suited for investors with a 5-10 year investment horizon in mind. Investments in listed shares have higher risk than investments in fixed income instruments and they can be expected to yield higher returns. You can enjoy tax-free income and loan facilities against your investment fund.
The Unit Trusts Funds are managed by First Capital Asset Management Limited a subsidiary of First Capital Holdings PLC, a full service investment bank rated A- and listed on the Colombo Stock Exchange.
First Capital Asset Management Limited is regulated by the Securities and Exchange Commission of Sri Lanka, while the Bank of Ceylon acts as the trustee and custodian of the funds.