Investments

Legislation and investment policy

Section 8 (d) & Section 9 of the Parliamentary Act No. 46 of 1980 empowers the Board to invest its funds. Investment objectives, Asset Allocation & other guide lines and Code of Conducts & Ethics for the staff of Investment Division approved by the Board of Directors have been stipulated in the Investment Policy.

Investment Objectives

The primary objective in the investment of Board’s funds is to ensure the safety of principal, while managing liquidity to pay the financial obligations of the Board, and providing optimum investment return using authorized instruments.

  • SAFETY

    The safety of capital is the foremost objective of the Board. A substantial portion of the investment portfolio will be invested in gilt-edged government securities in order to ensure safety of the capital

  • LIQUIDITY

    The Investment portfolio shall remain sufficiently liquid to enable the Board to meet all operating requirements that might be reasonably projected.

  • RETURN ON INVESTMENT

    The Investment portfolio shall be designed to obtain the highest available return, taking into account the constrains and cash flow needs. Investment Division shall seek to obtain the highest available return using authorized investment instruments.

Approved Asset Allocation

Fixed Income Investments

(a) Gilt-edged securities Treasury Bills/Treasury Bonds/Rupee Loans

(b) Other Fixed income securities (maximum) ( subject to conditions )

(c) Short term Repos

Equities

(Maximum) - Shares & Units (subject to conditions)

Total

87 %
2 %
5 %
6 %
100 %

Fixed Income Investments

(a) Gilt-edged securities Treasury Bills/Treasury Bonds/Rupee Loans
87%
(b) Other Fixed income securities (maximum) ( subject to conditions )
2%
(c) Short term Repos
5%

Equities

(Maximum) - Shares & Units (subject to conditions)


6%

Total100%

Investment portfolio as at 31-12-2020

Investments in Fixed Income Securities

Govt. Securities

Fixed Deposits (State Banks)

Other Fixed Income Securities

Govt. Guaranteed Securities

Sub Total

Rs. Mn.

297,027
52,965
9,012
715
359,719
80.11 %
14.29 %
2.43 %
0.19%
97.02 %

Equities

Shares

Investment in Subsidiaries

Units

Sub Total

Rs. Mn.

10,354
471
215
11,040
2.79 %
0.13 %
0.06 %
2.98 %

Grand Total

370,759
100.00 %

Investments in Fixed Income Securities


Govt. Securities


Rs. Mn.


297,027

80.11%

Fixed Deposits (State Banks)


Rs. Mn.


52,965

14.29%

Other Fixed Income Securities


Rs. Mn.

9,012

2.43%

Govt. Guaranteed Securities


Rs. Mn.


715


0.19%

Sub Total


Rs. Mn.


359,719

97.02%

Equities


Shares

Rs. Mn.


10,354

2.79%

Investment in Subsidiaries

Rs. Mn.


471

0.13%

Units

Rs. Mn.


215

0.06%

Sub Total


Rs. Mn.


11,040


2.98%

Grand Total


Rs. Mn.


370,759


100.00%

Investment portfolio as at 31-12-2020

Contact us

Deputy General Manager (Investments)
  Mr. Udaya Wickremanayake

  +94 11 2806277
   23rd Floor-North
“MEHEWARA PIYESA”
Finance Manager (Investments)
  +94 11 2806277
   23rd Floor-North
“MEHEWARA PIYESA”
Investment Officer
Mrs. H M C Damayanthi

  +94 11 2806574
   23rd Floor-North
“MEHEWARA PIYESA”
Investment Analyst
  +94 11 2806276
   23rd Floor-North
“MEHEWARA PIYESA”
Accountant
  +94 11 2806276
   23rd Floor-North
“MEHEWARA PIYESA”

  +94 11 2806831
   dgminv@etfb.lk
       dgminvestment@sltnet.lk