Monday, June 23, 2025
HomeBiz NewsSoftlogic Invest's 2021 highlights 58% equity fund returns.....

Softlogic Invest’s 2021 highlights 58% equity fund returns…..

7.68% annualized money market returns

Marks a noteworthy addition of unitholders during a challenging year

Softlogic Invest, posted a positive performance for the year ending in December, 2021. The Softlogic Equity Fund marked a 58% (for the year ended December 2021) return to investors while the Softlogic Invest Money Market fund posted an annualized return of 7.68% (As at 31st December 2021).

Since its inception in July 2020, the vibrant young Asset Manager secured returns of 73% (as at 31 December 2021) since inception for its equity fund investors amidst a challenging backdrop coloured by a debilitating global pandemic. Unlike most of the other unit trust funds, the Softlogic Equity Fund does not charge any front‐end fees and allows unit holders to invest the full value of their investment in the fund, without the deduction of any fees at the time of investment. The past year saw over 440 new unit holders joining the company’s equity portfolio, marking a significant growth in unit holders for the 2021 calendar year.

“We are delighted to post these numbers for the year 2021 while also remaining bullish on a commanding financial sector growth in 2022 driven by current rising interest rates and attractive valuations. Right now, our equity fund is well positioned to perform with a defensive and growth portfolio mix capable of optimizing portfolio returns, while investors with small ticket size values are able to gain from the buoyant stock market that prevailed during 2021. We believe that our rapidly increasing customer base is a strong indication of consumer trust in both our credibility and promising market conditions, and we are aiming to deliver an extremely rewarding year ahead as they continue to regularly build on their investments in 2022,” remarked Softlogic Invest Chief Executive Officer Niloo Jayatilake.

With an optimistic view of the year ahead, Softlogic Invest will distribute the total equity allocation for 2022, with impressive sector allocations to the Industrial sector (40%) followed by Financials (28%), Transportation (22%), and Consumer Discretionary (10%). The company’s top five equity allocations are Expo Lanka Holdings PLC, Royal Ceramics PLC, LOLC holdings PLC, HNB Bank PLC and Sampath Bank PLC. Expo Lanka Holdings PLC is projected to perform well in the current market context as its revenue is earned in USD and freight rates still portray a rising trend, while Royal Ceramics PLC will be able to command higher margins in the local market as the ban on tile importation has allowed the local tile manufacturer to utilize optimal plant capacity.

In turn, the Softlogic Invest Money Market fund, posted an annualized return of 7.68% by the year ending on 31st December, 2021, and thereafter moving up to 8.02% as of 19th January, 2022. The company delivered these outstanding returns with investments of 76% in “A” category investments, to a bolstered investor base that grew by 3,500 new unit holders during FY2021, an impressive growth in unitholders.

“While we are thrilled to announce the exceptional performance of the fund during the past year, we sincerely believe that there is further room for yield improvement soon, since most of our lower-yielding investments are maturing and reinvestments are continuing to happen at higher yields. The money market fund’s weighted average portfolio duration is about 6.4 months and 43% of the portfolio investments will mature within the next six months, placing the fund yield in an extremely favourable position to gain yield advantage due to these maturities. Therefore, investors will continue to leverage the advantage of rising interest rates while being able to invest in a highly liquid diversified money market vehicle. Bolstered by the success of the past year, we believe the company is well‐placed to continue to deliver high quality, long‐term growth for all stakeholders in 2022,” Softlogic Invest Fund Manager Daham Hettiarachchi, stated.

With an ICRA Lanka ”(SL) A mfs” rating, the Softlogic Money Market Fund is an open-ended Unit Trust Fund approved by the Securities and Exchange Commission of Sri Lanka (SEC). The fund invests in government treasury bills, bonds and other government securities, investment grade corporate debt securities such as debentures, commercial papers, securitization papers and repurchase agreements with maturities of less than one year which can be readily convertible to cash. The overall objective of the Fund is to earn a return of interest income while preserving investor capital and liquidity.

RELATED ARTICLES

5 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

stroitelnoe vodoponijenie_qfKt on Prima KottuMee re-launch…..
klining_moskva_hcsa on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
Poverka_zlma on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
kashpo dizain_bfmt on Prima KottuMee re-launch…..
klining_moskva_rdEt on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
jhlmoto_ipei on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
podstole_isPa on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
dizainerskie kashpo_sael on Prima KottuMee re-launch…..
kashpo dizain_vcer on Prima KottuMee re-launch…..
silovoi transformator kypit_ofkt on Prima KottuMee re-launch…..
klining_top_bzon on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
dostavka edi_cpen on Prima KottuMee re-launch…..
silovoi transformator kypit_utkt on Prima KottuMee re-launch…..
derevyannye_doma_hsMi on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
karkasnye_doma_zjkt on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
lizing_kommercheskogo_transporta_kxer on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
krediti v Kirgizstane_yyoi on Prima KottuMee re-launch…..
karkasnyy_dom_heei on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
klining_moskva_lxsa on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
elektrokarniz_odKl on Prima KottuMee re-launch…..
elektrokarniz_uxKl on Prima KottuMee re-launch…..
jhlmoto_sgei on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
proekt pereplanirovki kvartiri_gbot on Prima KottuMee re-launch…..
proekt pereplanirovki kvartiri_bhot on Prima KottuMee re-launch…..
elektrokarniz_ugpr on Prima KottuMee re-launch…..
elektrokarniz_bbpr on Prima KottuMee re-launch…..
elektrokarniz_zbot on Prima KottuMee re-launch…..
elektrokarniz_wqPr on Prima KottuMee re-launch…..
elektrokarniz_zhot on Prima KottuMee re-launch…..
elektrokarniz_rePr on Prima KottuMee re-launch…..
elektrokarniz_qjpl on Prima KottuMee re-launch…..
elektrokarniz_dqpl on Prima KottuMee re-launch…..
bokaly_dlya_vina_uyor on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
podstole_qpPa on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
dostavka_alkogolya_uvMr on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
otdyh_suhum_xrEt on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
narkolog_na_dom_ztpi on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
Poverka_szPl on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
Film_full_hd_znEn on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
Ritualnye_uslugi_scMa on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
jarvi_korm_ppSn on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
abhaziya_otdyh_poPa on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
datasets_yqKi on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
arenda_yahty_qwMr on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
lizingovyy_agregator_dvmt on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
kypit 1s v moskve_esSa on Prima KottuMee re-launch…..
kypit 1s v moskve_tqOn on Prima KottuMee re-launch…..
kypit 1s v moskve_fxSa on Prima KottuMee re-launch…..
kypit 1s v moskve_jwOn on Prima KottuMee re-launch…..
dushevyye_ograzhdeniya_essl on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
magazin_shin_kvKa on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
arenda_yahty_xjen on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
stroitelstvo_derevyannyh_domov_jber on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
damski_bluzi_ctor on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
damski_teniski_zppr on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
sportni_екипи_qaki on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
kypit 1s v moskve_bqOr on Prima KottuMee re-launch…..
kypit 1s v moskve_xuOr on Prima KottuMee re-launch…..
syhie transformatori kypit_dgsl on Prima KottuMee re-launch…..
syhie transformatori kypit_txsl on Prima KottuMee re-launch…..
damski_komplekti_ppEt on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
Iluvpornovideo on Prima KottuMee re-launch…..
stroitelstvo_derevyannyh_domov_xgPn on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
rokli_wiOi on JKP partners with AGC[MW1]  Innovate to pave a sustainable future for Sri Lanka’s construction sector[LP2] 
Ysilenie konstrykcii_vgPa on Prima KottuMee re-launch…..
Ysilenie konstrykcii_cust on Prima KottuMee re-launch…..
Ysilenie konstrykcii_hzPa on Prima KottuMee re-launch…..
Ysilenie konstrykcii_stst on Prima KottuMee re-launch…..