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FAQs
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 If you have any
question, please type and submit us. Answer will receive to your mail or please
select your question, we have given bellow.
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Enter your email address:
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We believe that each individual’s investment needs are unique, depending on their
financial goals, their ability to take risk and time horizon of their investment.
NAMAL’s unit trust funds, give you the flexibility of choosing an investment or
investment plan, that fulfills your investment needs.
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 What
are my choices? Which unit trust fund is right for me ?
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Whether you want your money to grow or are investing for regular
income, there are many types of funds to choose from. Click here for details of
funds.
For more information :
NAMAL Funds Introduction
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Should
I invest in more than one fund ?
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You probably have a number of different goals. Some long term i.e. retirement, others
short term - ie. buy a car. Each goal may require investing in different funds.
Further when you invest in a family of funds managed by the same company, you can
conveniently transfer holdings between funds, as your needs and goals change. By
investing in different funds you also diversify your assets and overall portfolio
of investments is likely to fluctuate less. That’s because different investments
often respond to the changes in the economy differently.
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What
is a good time to invest ?
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It is obvious that no one can continuously predict how the financial markets will
behave. However any time is a good time to invest if you intend to begin a long
term investment plan by investing on a regular basis. By investing a fixed amount
at regular intervals you can reduce your average cost over time. An illustration
of how such a investment plan could work in different types of markets is given
below.
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 Rising
Market Conditions
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Regular Investment Rs.
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Unit Price Rs.
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No. of Units Acquired
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3,000.00
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10.00
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300.00
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3,000.00
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15.00
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200.00
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3,000.00
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20.00
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150.00
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3,000.00
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25.00
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120.00
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12,000.00
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770
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Average Unit Price = Rs. 17.5
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Rs. Cost Averaging Unit Price = Rs. 15.58
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(12,000.00/770)
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Falling Market Conditions
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Regular Investment Rs.
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Unit Price Rs.
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No. of Units Acquired
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3,000.00
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25.00
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300.00
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3,000.00
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20.00
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200.00
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3,000.00
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15.00
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150.00
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3,000.00
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10.00
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120.00
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12,000.00
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770
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Average Unit Price = Rs. 17.5
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Rs. Cost Averaging Unit Price = Rs. 15.58
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(12,000.00/770)
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As you can see the Rupee cost averaging allows market fluctuations
to work for you and can reduce your cost of investing in both a rising and falling
markets. It also guards against the risk of investing too much money at an inappropriate
time. The Rupee cost averaging outlined in the illustration neither ensures a profit
nor protects against loss, a potential investor should consider his or her willingness
to continue to purchases through periods of low prices.
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One off Investment Rs.
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Unit Price Rs.
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No. of Units Acquired
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Investing at the lowest price
(beneficial –not always possible)
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12,000.00
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10.00
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1,200
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Investing at the highest price (inappropriate)
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12,000.00
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25.00
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480
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Should
I re-invest my dividend or take cash?
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This depends on the objective of your investment. Unless the income from your investment
is to meet your current expenses, it is a good idea to reinvest your dividend. For
example in a fixed income fund it is a way of compounding current income for future
use. Reinvesting your dividend in a stock market fund adds to your prospect of growth
for the future.
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How can
I keep track of my investment?
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As a unit holder (investor) you will receive regular information and updates about
your investment in the fund and fund performance, by the way of interim and annual
reports sent to you twice a year. Additionally the daily newspapers publish the
prices of units trusts which reflects the value of your investment.
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How much
money do I need to invest?
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Investments in unit trusts can be done with small sums of money. The following amounts
are applicable for unit trusts managed by NAMAL.
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Fund Name
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Initial Investment
(Rs.)
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Subsequent Investment (Rs.)
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NAMAL Growth Fund
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5,000.00
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1,000.00
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National Equity Fund
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1,000.00
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1,000.00
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NAMAL Income Fund
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10,000.00
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1,000.00
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NAMAL Money Market Fund
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1,000,000.00
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Not less than 100,000.00
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How do
I get started?
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A good first step would be to contact us that we could advise you, depending on
your particular need. (Click here) for our contact details.
Additionally you may email us with your request for information.
For online investments (Click here)
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How do
I transfer my investment from one fund to another?
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You simply need to handover the unit certificates and instruct us which fund you
wish to transfer the funds to.
For more information : (Click here)
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What
are my tax liabilities?
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Income from dividends and capital gains from investing in unit trusts are free of
tax, based on the current law. However investors are advised to seek tax advice
in relation to their investments.
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Can I
invest jointly?
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Investments can be made jointly between two adults and also with children (minor)
jointly with a parent or guardian. However all payments of dividends and sale proceeds
will be in favour of the Parent or guardian in the case of a joint account with
a minor.
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What
happens to the investment if I die?
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In the case of a sole investor, the management company will act on the instructions
given by the court or court appointed executors.
In the case of a joint holding the investment is transferred to the surviving joint
investor.
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How soon
can I withdraw my investment, if I need it urgently?
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The investment can be withdrawn within two working days from the date of handing
over the unit certificates to NAMAL. (condition in the offer document apply).
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Which
price do I get when I make an investment?
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The value you get for your investment is fund price that is calculated on the day
of the realization of your investment. i.e. in the case of a cash investment before
closing time the investor would receive the price that would be calculated at the
end of that day.
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What
are the charges on my investment?
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All types of investment carry a cost. Charges pay for the facilities you enjoy for
professional management, the cost of a Trustee and custodian to safeguard your investments
and keeping you informed of your investments. The following charges are applicable
for NAMAL funds.
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Fund Name
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Front End Fee
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Management Participation
(on the net asset value of the fund) |
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NAMAL Growth Fund
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2.00 %
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1.50%
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National Equity Fund
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2.00 %
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1.50%
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NAMAL Income Fund
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NIL
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1.25%
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NAMAL Money Market Fund
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NIL
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1.00%
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