The units of the “CAL Three Year Closed End Fund” have been officially listed on the Colombo Stock Exchange (CSE). A total of 841,263,375 units of this fund, managed by Capital Alliance Investments Ltd (CALI), a member of the Capital Alliance Ltd Group (CAL Group), have been listed. The occasion was marked by a special bell ringing ceremony on the CSE trading floor.
Rajeeva Bandaranaike, CEO of the CSE, commented on the growing demand for Unit Trusts, noting, “When you look at funds, particularly unit trusts in today’s active capital market, we see a lot of domestic interest with more investors entering. Funds, not only fixed income funds but also growth and balanced funds, can be the ideal vehicle through which new investors can enter the market. We see this interest reflected in the success of CAL’s Three Year Closed End Fund. More people are seeking to invest their money through professional fund managers.”
Vevaashgar Vathanatheesan, Assistant Vice President of CALI, highlighted the company’s investment strategy, stating, “Our investment approach focuses on carefully selected fixed income instruments, supported by strict internal credit filters, defined exposure limits, and continuous monitoring of liquidity and refinancing risks. At CAL, we follow one clear philosophy: preserve capital first, grow capital second. For investors, the fund offers predictable cash flow visibility, professional credit oversight, diversified exposure within defined risk boundaries, and alignment with Sri Lanka’s stabilizing yield environment. In a recovering economy, predictability becomes increasingly valuable.”
He further emphasized the role of the unit trust by adding, “Beyond this launch, our broader vision remains clear. As confidence strengthens and market participation expands, structured investment vehicles will play a key role in channeling savings into productive economic activity and supporting capital market development.”
Established in 2012, CALI specializes in operating unit trusts and providing private wealth management services. As a subsidiary of CAL Group, it benefits from the group’s expertise in capital market services, including stock brokering, primary dealing, asset management, and corporate finance. In 2025, CALI introduced the CAL Five Year Closed End Fund to the market, followed by the CAL Five Year Optimum Fund in 2024. The “CAL Three Year Closed End Fund” is a close-ended fixed income unit trust scheme with a three-year tenure, approved by the Securities and Exchange Commission of Sri Lanka (SEC).
Photograph: (Left – Right): Mr. Ramly Rahman, Analyst – Capital Alliance Partners Ltd; Mr. Praveen Kanagasabai, Vice President – Capital Alliance Partners Ltd; Mrs. Nilupa Perera, Chief Regulatory Officer – CSE; Mr. Rajeeva Bandaranaike, CEO – CSE; Mr. Vevaashgar Vathanatheesan, Assistant Vice President – Capital Alliance Investment Ltd (CALI); Mr. Ochitha Bandara, Analyst – CALI; Mr. Dimuthu Abeyesekera, Chairman – CSE; Ms. Pranavi Sivaruban, Analyst – CALI; Mr. Yasith Lakshan, Analyst – CALI; Mr. Rajitha Gunarathna, Assistant Manager – Capital Alliance Partners Ltd.
