NDB Wealth Archives

July 31, 2023

Colombo, Sri Lanka; 28th July 2023 NDB Wealth makes history by becoming the first and only unit trust management company to reach Rs. 100 billion in assets under management since the inception of the Unit Trust Industry. Licensed by the Securities and Exchange Commission of Sri Lanka as an Investment Manager and Unit Trust Manager, NDB Wealth is the largest private sector asset management company in Sri Lanka with over Rs. 200 billion in assets under management. Its Unit Trust operation caters to all client segments including individual and institutional, servicing over 30,000 clients through its 8 risk rated unit trust product portfolio. Its flagship fund, the NDB Wealth Money Fund, currently yields around 21% p.a. as at 28th July 2023, and is an ideal alternative to traditional savings accounts.

NDB Wealth leads the industry by holding a market share of 44% as at 30th June 2023 of the total Unit Trust assets under management in Sri Lanka, making them a prominent player in the industry. Their market share in the Money Market Fund category is even more impressive at 73% as of 30th June 2023, cementing their dominant position in the market.

NDB Wealth Management Limited’s exponential growth and success can be attributed to its unwavering dedication to enhance customer satisfaction and its ability to provide tailored financial solutions that meet the diverse needs of its clients. By fostering trust, transparency, and excellence, the company has solidified its position as a trusted partner for individuals, families, and institutions seeking expert guidance in managing their wealth.

“Our achievement of surpassing Rs. 100 billion in assets under management is a testament to the trust and confidence that our clients have placed in us,” said Mr. Ruwan Perera, CEO of NDB Wealth Management Ltd. “We are proud to serve over 20,000 clients, and we remain committed to delivering exceptional financial solutions that help them achieve their goals and secure their financial future. Also, I would like to thank our team for their commitment and hard work during these challenging times to serve customer needs”

“Amidst the decline in interest rates, our Unit Trust product portfolio has consistently delivered high returns to our investors”, said Ms. Vindhya Jayasekera, Chief Investment Officer of NDB Wealth Management Ltd. “Our commitment to active management, rigorous research, and prudent risk management has allowed us to navigate the changing market conditions effectively and seize opportunities to generate attractive yields”.

“One of the key highlights of NDB Wealth Management Limited’s offerings is the NDB Wealth Money Fund, which has consistently delivered outstanding returns to its investors”, said Ms. Amaya Nagodavithane, Assistant Vice President, Asset Management of NDB Wealth Management LTD. With an impressive current return of 21%, the NDB Wealth Money Fund has become a preferred alternative to traditional savings accounts, providing investors with an opportunity to grow their wealth at an accelerated pace.NDB Wealth Management Limited’s commitment to innovation, expertise, and personalized service has been instrumental in its success. The company’s team of experienced financial advisors and investment professionals work closely with each client to develop customized strategies aligned with their specific goals and risk tolerance, ensuring that their wealth is managed effectively in a dynamic market environment.

As NDB Wealth Management Ltd looks to the future, it remains focused on delivering exceptional value to its customers. The company continues to invest in cutting-edge technology, research capabilities, and talent to provide innovative solutions that adapt to the evolving financial landscape.

NDB Wealth is a fully owned subsidiary of NDB Bank – one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services and banking sector. From its inception, the group – which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy.

March 8, 2022

Expert financial planner NDB Wealth celebrated International Women’s Day on March 8, 2022, with emphasis on empowering women to better understand the financial world in order to achieve financial security, a crucial and widely contributing factor supporting the financial independence of women.

This year’s theme called for a gender equal world – one that is diverse, equitable, and inclusive, thus supporting the need to focus on the advancement of gender equality through better pay and work choices, empowering women to obtain financial security and independence in the years to come.

NDB Wealth empowers women with true financial independence through innovative wealth plans which are more flexible. Money Fund by NDB Wealth is one such account that currently offers a yield of 7.80% as at 03^rd March 2022. The account is set to offer financial independence for women, allowing them to meet short and long term fund requirements. Money Fund aims to provide investments and savings significantly while offering more flexibility. With interest credited daily, the fund allows investors to take calculated risks, aiming to facilitate investors to enjoy and live stress-free. The fund is ideal for busy women who have limited time to keep track of their ongoing finances, relieving them of that extra burden and will help meet the additional expenses that come up at any point of time.

“ At NDB Wealth we believe that for women, financial independence is a matter of necessity, and for this they need to save for their future earlier. Prudent financial planning goes a long way in building wealth and providing this financial independence. Money Fund from NDB Wealth understands, grows and helps realize the aspirations of women aiding them to overcome the financial hurdles they face and be strong members of their communities,” commented Shenelle Cassim, Assistant Manager.

Elaborating further Shenelle stated, “We believe in taking that extra step to join hands with our investors in their quest to realize their financial dreams and aspirations. Our team is well equipped with the necessary hands on knowledge and experience to advice investors on the many flexible options available to set you on track to enjoy financial independence and realize your aspirations with Money Fund.”

‘It’s Time’ you enjoyed financial independence. Visit www.ndbwealth.com or call on 0719 788 788 to speak to a relationship managers and set up your Money Fund. You can also visit their website www.ndbwealth.com to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you achieve full financial freedom, with all the benefits it entails.

NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services and banking sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

*Current yield is variable and subject to change. Past performance is not indicative of future performance. Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.

February 7, 2022

NDB Wealth Management advocates Financial Independence for Sri Lankans as the nation celebrates the 74^th Independence Day this year.

“Independence and freedom take on new meanings when you discover financial independence for yourself and your loved ones. Knowing that your money has worked best for you helps one to discover peace of mind and joy.” stated Nadun Pathirana, Assistant Vice President of NDB Wealth Management.

Elaborating further, Mr Pathirana stated, “At NDB Wealth, we prioritise on advocating financial independence and security to our loyal customers by educating them on the benefits of financial freedom. The NDB Wealth Money Fund investment plan is designed to do just that and more. While enhancing your money significantly and providing the highest levels of safety, Money Fund will set a future of financial independence that allows you and your loved ones to enjoy in the future.”

Preparing for your own financial independence bears different meanings to different people. However the need for such independence is much greater for everyone during periods of global or local uncertainty. Enjoying a debt free life or even having a sufficient amount set aside to meet any emergency will guarantee adequate peace of mind. Making your assets effectively work for you, by consistently continuing to generate an income in excess of your expenses is another avenue of gaining financial freedom and independence.

Money Fund by NDB Wealth is one such account that is set to offer financial independence for both individuals and institutions, allowing them to meet short and long term fund requirements. With a current yield of 7.45% as at 27^th January 2022 Money Fund will help you enhance your investments and savings significantly while offering more flexibility. With interest credited daily, the fund allows investors to take calculated risks, aiming to offer a high level of capital safety enabling investors to enjoy and live stress-free. The fund is targeted for busy individuals who have limited time to keep track of their ongoing finances, relieving them of that extra burden. It is an investment that will help you meet the additional expenses that come up at any point of time.

It’s time your money made you free. Visit www.ndbwealth.com or call on 0719 788 788 to speak to a relationship managers and set up your Money Fund. You can also visit their website www.ndbwealth.com to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you to achieve full financial freedom, with all the benefits it entails.

NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services and banking sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

*Current yield is variable and subject to change. Past performance is not indicative of future performance. Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.

January 25, 2022

Expert financial planner NDB Wealth invites everyone to herald a bountiful harvest of wealth and well-being this Thai Pongal, celebrating the joy and abundance of the first harvest of the season.

“Thai Pongal is a key festival bearing much cultural and religious significance for Tamils all around the world. It heralds a season of prosperity for the New Year with the letting go of the old and inviting of the new, particularly new thoughts, ideas and measures to welcome abundance, allowing people to enter into prosperous times,” commented Laknada De Mel, Head of Private Wealth at NDB Wealth.

Traditionally commemorated with the boiling of the first rice grown in the New Year, Thai Pongal dates back over 2,000 years and is a festival celebrated with many customs. Families unite to partake in activities like cooking “Pongal” sweet rice and drawing intricate and colorful rice flour patterns at the entrances of their homes, as signs invoking prosperity and abundance of wealth and good fortune.

Laknada further added, “An auspicious period to shift your spending habits, Thai Pongal is considered as an especially fortunate time to embark on new ventures. It is the ideal time to fully prepare for not only the coming year, but also for years to come, by prioritizing on investment and savings. NDB Wealth’s team of experts will help you to set up a financial plan that will not only address to your current situation but will also help you to face future commitments.”

Money Fund by NDB Wealth is ideal for both individuals and institutions to meet short and long term fund requirements. With a current yield of 7.40% as at 06th January 2021 Money Fund is rewarding with a favourable yield. It will help you enhance your investments and savings significantly while offering more flexibility. With interest credited daily, the account offers a high level of capital safety enabling investors to enjoy and live stress-free. The fund is very beneficial for busy individuals who have limited time to keep track of their ongoing finances, relieving them of that extra burden. It is an investment that will help you meet the additional expenses that come up during festivals or any other situation.

It’s time you harvest golden returns. Visit www.ndbwealth.com or call on 0719 788 788 to speak to a relationship managers and set up your Money Fund. You can also visit their website www.ndbwealth.com to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you to achieve full financial freedom, with all the benefits it entails.

NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services and banking sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

*Current yield is variable and subject to change. Past performance is not indicative of future performance. Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.

December 23, 2021

NDB Wealth as a trusted financial and wealth management partner strongly advocates the need to plan ahead and prepare for the festivities in a prudent manner so that one can relax and enjoy the season. The festivities and joy surrounding the season lead to the biggest celebration of the year, irrespective of religion. For many individuals and businesses, this is the time to reconnect with acquaintances, friends and family through various events and celebrations.

This year more than ever, many have felt and understood the importance of friends and family due to the prolonged period of reduced or minimal social interaction brought about the pandemic situation. Therefore this will be the season for giving, sharing and spending with all the gift buying and celebrations.

“With the financial and social pressures looming in the background, managing the season might require some added effort from most individuals and businesses. However, prioritizing, planning and budgeting in a strategic way will not only help to experience the joy the season brings but will also help to prepare for the upcoming new year,” stated Nadun Pathirana, Head of Retail Sales from NDB Wealth.

Elaborating further Nadun Pathirana said, “The season is always a good time to evaluate spending and plan your savings for the next season. Starting a bit early will benefit everyone vastly. Putting a small amount of money away during the weeks leading up to the festivities will help you to feel more in control of your finances and will leave you with a backup for emergencies.”

NDB Wealth offers a range of investment plans to help you manage your financial planning stress free. The joyful time of the season can be enhanced, allowing investors to even indulge in luxurious spending if required. Money Fund, a Money Market fund from NDB Wealth is one way of enhancing your celebrations this season. This account will help you to plan ahead and prepare especially for festive times such as Christmas. An excellent, multi-purpose account for individuals and corporates, Money Fund helps you to solidify the future and step up in life, making it the account for every season, for everyone. With a current yield of 7.30% as at 16^th December 2021 Money Fund from NDB Wealth will get your savings and investments working harder for you, delivering a host of benefits offering lucrative returns, with interest credited daily and offering a high level of capital safety enabling investors to enjoy and live stress free.

It’s time to spend and save merrily. Visit www.ndbwealth.com or call on 0719 788 788 to speak to a relationship managers and set up your Money Fund. You can also visit their website www.ndbwealth.com to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you to achieve full financial freedom, with all the benefits it entails.

NDB Wealth is a fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services and banking sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

*Current yield is variable and subject to change. Past performance is not indicative of future performance. Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.

December 7, 2021

Financial planning and fund management is increasingly playing a critical role in the life of every person. The bygone months have truly tested financial resilience at all levels of society. NDB Wealth Management, having begun its momentous journey, 28 plus years ago, has always been at the forefront of identifying and advising clients on the best savings or investment solution whilst taking into consideration the potential risks associated therein.

Reviewing savings and investment accounts are vital to the financial wellbeing of individuals and businesses alike. Ensuring funds are in the right place and that risks are controlled is a critical factor for most investors. Every rupee invested should be safely guarded to ensure the investment does not suffer losses or face unnecessary risks. Doing this on your own can be a challenging task to most individuals, both in terms of time and money.

“Proper financial planning and management of funds is important to every person. Whether you are planning for your retirement or are saving for a rainy day, it’s important to know that you are doing the right thing for yourself, your family or even your business. Financial planning will give you the added flexibility of meeting unexpected expenses or indulging in a bit of luxury at those special occasions,” stated Amaya Nagodavithane, Fund Manager at NDB Wealth Management.

Money Fund from NDB Wealth is a multi-purpose account for individuals and corporates which is well placed for the short term cash management needs of companies and individuals alike. It is the ideal account for all individuals and businesses looking at solidifying the future and stepping up in life, making it suitable for every season, for everyone. It can be the stepping stone for a mom looking to secure her family’s future, the young executive trying to start off a new career, a corporate securing a new business transaction or even as an alternative to a savings account.

Commenting further Amaya said, “At NDB Wealth, our team of Relationship Managers are backed by a strong investment team who continuously monitor investment conditions in the market and supports the client’s plans on saving or investing by advising the client on the best savings or investment solution taking into consideration the potential risks associated with the investment. NDB Wealth management plays a very important role in managing such conditions that may impact clients negatively.”

Money Fund by NDB Wealth with a current yield of 7.30% as at 25^th November 2021 will get your savings and investments working harder for you. The Money Fund account delivers a host of benefits offering favourable returns, with interest credited daily and offers capital safety enabling investors to live stress free. The funds are invested in the highest quality banks possessing high credit ratings and Government Securities thus aiming to provide the highest level of fund and investment security which is further validated by the esteemed credit ratings of the investment portfolios. In the long term, the yield of NDB Wealth Money Fund helps a saver building a secondary source of income.

It’s time – you invested wisely and well. Visit www.ndbwealth.com or call on 0719 788 788 to speak to a relationship managers and set up your Money Fund. You can also visit their website www.ndbwealth.com to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you to achieve full financial independence, with all the benefits it entails.

NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services and banking sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

*Current yield is variable and subject to change. Past performance is not indicative of future performance. Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.

October 13, 2021

Many people walk through life, investing their time, energy and effort into building the lives of those around them. Yet most often these very same people forget to take care of themselves and protect their future.

A retirement plan from expert financial and wealth planner NDB Wealth, is an ideal gift that offers the right support and expertise helping individuals save and plan for a comfortable retirement, ensuring the future of your loved ones are taken care of properly.

One can never repay parents and loved ones for all that they have done to mould lives and futures. With a Retirement Plan from NDB Wealth, they can be given the chance to spend their retirement age stress-free and in good health, ridding them of common financial fears and enabling them to live comfortably, whilst even allowing for a few additional small luxuries.

“The change of times is proving that it’s never too early to plan for the retirement and future of your loved ones. Most people are concerned that their retirement nest egg will not last throughout their retirement or that they will have to continue to work through the years to support themselves. At NDB Wealth, our retirement plans are well curated to let you maintain your lifestyle and also help you do all those things that you’ve always wanted to do,” commented Laknada De Mel Assistant Vice President – Head of Private Wealth Management.

Elaborating further Laknada said, “Our team of experts can help you plan the optimal allocation of your money among various saving and investment options so that your money can grow at a healthy pace supporting your loved ones during the sunset years. NDB Wealth’s Money Plus with an yield of 5.30% as at 30^th September is one such account that can make your retirement brighter.”

Setting up a Retirement plan has never been simpler. The Financial Advisors at NDB Wealth have the exemplary expertise required to provide innovative and non-traditional wealth management solutions that can support the long term financial future of your loved ones. Furthermore they can advise you on the amount of capital that is required, either as a lump sum or regular payments, to match your requirements.

NDB Wealth’s retirement plans can allow you to benefit by maximizing your income. The Wealth plans are geared towards optimizing retirement savings and retirement income, through high performance non-traditional instruments such as money market funds that are excellent avenues to significantly increase earnings.

It’s time to plan for retirement. Visit www.ndbwealth.com or call on 0719 788 788 to speak to one of the relationship managers enjoy a wealth of joy during your retirement years. You can also visit their website to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you, your business and your family to achieve financial security, with all the benefits entailed therein.

NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

*Current yield is variable and subject to change. Past performance is not indicative of future performance.

Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.

September 30, 2021

Providing for your child and ensuring he or she has a good life is every parent’s dream come true. Expert financial and wealth planner, NDB Wealth Management has always understood this need and has specially curated kids savings products that will help you save and solidify their future.

Savings and Investment plans from NDB Wealth have been carefully designed to support overall wealth building goals by helping families develop the habits of saving for their long-term aspirations at very early stages. As families celebrate Children’s Day on 01^st October, the times are calling for key decisions to be made regarding the future dreams and aspirations of children, to enable them to take a significant step forward in achieving a financially independent future for themselves.

As a part of children’s financial planning, NDB Wealth’s Money Plus with a current yield of 5.30% as at 23^rd September 2021 is an excellent alternative to traditional long term children’s fixed deposits or savings accounts. The fund works to provide beneficial returns with the added unmatched flexibility which allows parents to withdraw funds when the child needs it the most. The interest accrued is credited right back allowing for further growth.

Commenting, NDB Wealth’s Senior Manager – Client Services, Ruwantha Gabriel said, “Saving for our children doesn’t mean that we have to lock up their money in accounts that will give us minimal returns. Through the Money Plus fund, we are looking at helping parents and children achieve financial independence and thus help children to pursue their dream careers. Our team of exemplary financial planners, are focusing on providing parents with the optimum advice to help them achieve their objectives to enhance the future of their children. As a parent myself, I think it is our responsibility to maximise the opportunities available to our children, and NDB Wealth can undoubtedly help you do it.”

It’s time to plan for their future. Visit www.ndbwealth.com or call on 0719 788 788 to speak to one of the relationship managers to set up NDB Wealth’s Money Plus Fund plan for your children. Help them plan for their future whilst establishing a strong and trusting relationship with NDB Wealth, guaranteeing them access to a consequence of valuable advise provided by a highly experienced team of wealth managers.

NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

*Current yield is variable and subject to change. Past performance is not indicative of future performance. Investors are advised to read and understand the contents of the Exploratory Memorandum before investing. Among others, investors should consider the fees and charges involved.

August 26, 2021

Expert financial planner NDB Wealth Management as a responsible corporate citizen, promotes safety as a social responsibility and calls individuals and businesses to focus on being socially and financially responsible considering the current conditions in the country and world at large.

Globally people and businesses are facing turbulent and challenging times due to the pandemic situation, and at NDB Wealth focusing on the safety and well-being of their valuable investors has become an integral aspect of their business.

“Considering the current situation, as citizens it is our moral duty to not only behave in a manner that is responsible but have been entrusted with the invaluable and prudent task of supporting and encouraging people to be socially responsible for their actions. The safety and protection of our loved ones are now more than ever our responsibility. We must continue to encourage the adherence of proper health guidelines within our own family circles, communities, businesses and society as a whole,” commented Ruwan Perera, Chief Operating Officer of NDB Wealth Management.

The pandemic also brought to light the importance of being financially responsible. Over the years NDB Wealth has been advocating for the essential practice of financial responsibility, independence and stability. Supporting oneself financially and being independent reduces one’s dependency on government institutions and other related authorities for financial support. NDB Wealth Management through their expertise and experience can help individuals and businesses plan and prepare for financial growth and stability despite unexpected situations.

Sharing thoughts on financial responsibility, Ruwan commented, “It is important to stabilize income and have that added source for any emergency. Individuals and businesses should set achievable financial goals and keep themselves abreast of financial matters so that they can navigate through difficult and unexpected situations. The younger generations should be educated on the importance of financial stability and independence to create a forward thinking society.”

“NDB Wealth offers a range of innovative savings and investment products have been carefully curated to match every type of client; we are committed to offering our clients the best fit savings and investment plans that will grant them the financial freedom they need in the long term. Backed by a large team of well-trained, experienced advisors, we closely monitor our clients’ progress and well-being by considering each individual’s financial requirements,” Ruwan elaborated further.

Money Plus, a money market fund from NDB Wealth is the ideal account for all individuals looking to sustain their future and step up in life. The fund has the added flexibility where an account holder can withdraw money anytime, without penalties. It is also ideal as a wealth or investment plan which can help you meet your long-term financial goals and furthermore it well suits the busy individuals who have limited time to keep track of their ongoing finances as the return is accrued daily. The earnings are tax free in the hands of the investor, helping to meet those unexpected expenses.

Income fund is yet another innovative product from NDB Wealth which works as an excellent alternative to fixed deposits. It is the ideal account for savers looking for a higher yielding alternative to grow their portfolio. The Income fund allows investors to increase their income in the current low interest rate environment.

It’s time to be responsible. Visit www.ndbwealth.com or call on 0719 788 788 to speak to one of the relationship managers enjoy a wealth of joy this season and in the seasons to follow. You can also visit their website to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you, your business and your family to achieve financial security, with all the benefits entailed therein.

NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

June 16, 2021

With each passing day a father’s role becomes more complex and demanding. A father’s love for his family knows no bounds or limits as he tries to conquer the world to ensure his family is safe and well provided for.

This Father’s Day, expert financial planner NDB Wealth encourages fathers everywhere to grow their wealth to match that boundless love while basking the warmth of their family, providing them with stability and protection.

“Father’s Day is an excellent time to reflect on being a parent and the stability of your family’s future. Some celebrate while others ponder the responsibilities that go with achieving the best for your family. We at NDB Wealth fully understand that with the right support, advice and guidance, you can make the right decisions to provide for your family’s future while not taking away too much of your valuable time,” commented Laknada De Mel, Head of Private Wealth Management.

Elaborating further Laknada stated “This is where NDB Wealth becomes a Father’s best friend. Our wealth of experience in Wealth Management via our flexible investment solutions are designed to make your money grow.”

Money Plus from NDB Wealth is an ideal financial solution that will help your money grow in the best possible way where one can start immediately, taking the first of many small steps. With a current yield of 5.30% as at 10^th June 2021 it is a great alternative to savings that provides the flexibility of being able to withdraw money anytime to meet any emergency expenses.

The Growth & Income Fund, a share market fund is the ideal account for fathers who are moderately inclined towards risks. The fund allows investors to take calculated risks and gives returns from both the Stock and Bond markets. The income generated from stocks as dividends and interest from the Bonds and Capital gains can be withdrawn anytime without a penalty.

It’s time you grew your wealth. Visit www.ndbwealth.com or call on 0719 788 788 to speak to one of the relationship managers enjoy a wealth of joy this season and in the seasons to follow. You can also visit their website to explore other investment opportunities, or even connect with NDB Wealth’s exemplary team of financial planners who can help you, your business and your family to achieve financial security, with all the benefits entailed therein.

NDB Wealth is fully owned subsidiary of the NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.

NDB Wealth becomes the first in the Unit Trust Industry to reach the Monumental 100 Billion mark in Asset Under Management

NDB Wealth Empowering Women to Achieve Financial Security

NDB Wealth advocates Financial Independence this year

Herald a harvest of Wealth and Well-being this Thai Pongal with NDB Wealth

Spend and Save merrily this Season with NDB Wealth

NDB Wealth Money Fund promotes ‘Saving and Investing Wisely’

Give back to those you love with an NDB Wealth Retirement Plan

This Children’s day celebrate their future with NDB Wealth

NDB Wealth promotes Social and Financial Responsibility

NDB Wealth encourages Stability and Protection this Father’s Day