A unit trust is an investment, usually good for beginning investors, that is similar to, but not the same as a mutual fund. Unit trusts pass profits directly to investors instead of reinvesting them ...
Sagicor Select Funds class B shares (SelectF) had an unaudited NAV of $0.567 per share or $2.89 billion while the class C shares (SelectMD) had an unaudited NAV of $1.261 per share or $4.81 billion.
A trust is a legal contract that allows someone, known as the trustee, to hold assets on behalf of another person, known as the beneficiary. These assets can be cash, investments, physical assets like ...
The unit trust industry of Sri Lanka reported a 16.5% year-over-year growth of its assets under management (AUM) to Rs. 597 Bn by the end of November 2025. These assets are currently managed across 85 ...
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