Funds
Money Market Gilt Fund
Guardian Acuity Gilt Edged Fund
Fund Performance
Period GAMMGF NDBIB-CRISIL 91 Day T-Bill Index ANNUALISED FUND RETURN
2017 January 0.80% 0.66% 9.39%
Three Month 2.40% 2.09% 9.54%
YTD 2017 0.80% 0.66% 9.39%
Since Inception Cum. 14.84% 14.16% 7.98%
Fund Facts
Description
An open-ended Unit Trust, the GUARDIAN ACUITY MONEY MARKET GILT FUND will invest in a portfolio of fixed income government instruments consisting of Treasury Bills, Treasury Bonds and Repurchase Agreements with a maturity period less than 366 days.
Aim of the fund
To structure the portfolio with an emphasis on maximizing return while ensuring adequate liquidity.
Investment Objective
To provide a secure annual income by investing in a portfolio of government securities.
Proposed fixed income strategy of the fund
The managing company will identify and make investments in fixed income securities so as to maximize the yield by exposing the fund to purely to government securities.
The fund will maintain a minimum level of liquidity in order to meet redemptions and gain sufficient interest income to be able to pay out a suitable annual dividend
The fund will primarily seek interest income but will also take advantage of capital gain opportunities when available
Risks
The ability of the Fund to achieve its investment objectives will depend on the interest rate environment and the performance of the economy. The dividend paid and Unit price of the Fund can increase as well as decrease depending on interest rate fluctuations in the market.

The Fund is subject to interest rate risk and liquidity risk.

Interest Rate Risk - Changes to interest rates will cause the market values of the instruments in the portfolio to accrue interest at varying rates, which will have a direct bearing on the Unit price of the Fund.

Liquidity Risk - Liquidity risk is the ease at which an instrument can be sold without a significant change in value. The Fund will have a negligible exposure to liquidity risk as a result of a full exposure being to liquid government securities.

   Guardian Acuity
 Money Market Gilt Fund
 Investment Objective Provide an Annual Income
 Minimum Subscription Rs. 1,000
 Fund Structure Open ended - Daily Valuation
 Switching Allowed
 Dividend Annual
The fee structure is given below:
Management Fee Maximum 0.3% per annum
Trustee Fee Maximum 0.2% based on the Fund size + Rs.25,000/-
Front Load 0%
Exit Fee 0%


Contact
Fund information and Unit holdings

Mohandas V. Thangarajah
General Manager
Tel :        +94 (0)112449500
Mobile : +94(0)772576430
Email : mohandas@guardianacuity.com

 
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Licenses:
The Securities and Exchange Commission has granted the license to Guardian Acuity Asset Management to operate:

"Guardian Acuity Fixed Income Fund" and "Guardian Acuity Equity Fund" in terms of Section 31 C of the SEC Act No.36 of 1987 as amended.
Trustee and Custodian:
Authorized Distributor:


HNB is the ditributor for this product and is not liable for repayment of the investments.