New Products
Sri Lanka Wealth Manager Launches New Investment Product
NDB Aviva Wealth Management, the Sri Lanka-based investment
unit of Sri Lanka's NDB Bank and the UK's Aviva, has launched
four mutual fund products geared toward individual clients.
The MyEagleFunds series of risk-rated funds may be combined to
build unique wealth management solutions to cover client needs
from birth to retirement, the company said in a statement. Such
life events ranging from marriage, education, retirement, and
others may be achieved by selecting one fund or by combining the
four under the series. The trustee of these funds are the Bank of
Ceylon for the Eagle Growth Fund, Eagle Income Fund and the Eagle
Gilt Edged Fund, while Deutsche Bank is the trustee for the Eagle
Growth and Income Fund.
"The systematic investment plan and the systematic withdrawal
plan of the 'myeaglefunds' series are two powerful options
available to our clients to stay disciplined in achieving goals
while creating regular cash flows to suit their life goals,"
Prabodha Samarasekera, chief executive of NDB Aviva,
said.
The firm's wealth planning scheme is further backed by the launch
of an interactive web site which allows registrants to create an
account with NDB Aviva Wealth online and then track activities
thereafter.
NDB Aviva Wealth Management has over Rs33 billion ($719 million)
in funds under management with over 60 portfolios that cater to
clients aged 21 to 60 years old.
