First Capital Money Market Fund is an open-ended fund that invests in corporate debt and government securities which mature within one year.
The fund is a good substitute for savings accounts and short term fixed deposits. The fund gives higher tax-free returns on your investment with the flexibility of withdrawing your investment at any time.
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.