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Guardian Group Sectoral Exposure
Guardian Group Performance
Key Holdings of the Portfolio as at 28th February 2007
   Strategic investments
 
 

Investment Holding Companies - Guardian Group
The Investment portfolio traded on Colombo Stock Exchange worth approximately Rs.10.58 billion as at the end of December 2007.  This portfolio comprises equity stakes in some of Sri Lanka's most successfully run listed blue chip companies that have been built up for future value creation; as well as an actively traded portfolio to capitalize on short term market movements. We have six investment companies of which three companies are listed in the Colombo Stock Exchange (CSE). As a sector primarily focused on long term investing, the portfolio growth over the last 5 years was 311.9% in comparison to the market index appreciation of 277%.

Guardian Fund Management Limited
Guardian Fund Management Limited is a specialized fund management company within the Carsons Group responsible for managing the portfolios of the investment holding companies of the Group. This company has capabilities in portfolio management and research with necessary management processes to ensure good governance and risk management. Further, the company will widen its expertise in venture capital investments, investment banking services and overseas investments. Guardian Fund Management obtained registration as an Investment Manager with the Securities and Exchange Commission of Sri Lanka in April 2006 .  

The Sri Lanka Fund (www.thesrilankafund.com)
In recognition of Carsons’ fund management capabilities, its subsidiary Guardian Fund Management Limited was appointed managers of the Sri Lanka Fund (formerly known as the Regent Sri Lanka Fund). The Sri Lanka Fund, which was incorporated in the Cayman Islands, is the first dedicated country fund to invest in the Colombo Stock Exchange. Its Net Asset Value as at 31st  December 2007 was US $ 2.20. The Fund caters to both retail and institutional investors worldwide who are focused on emerging markets. A majority of the Fund’s investors are from the UK and Hong Kong.

Strategic investments comprising a 36% stake in Union Assurance Ltd., a leading private sector composite insurer in Sri Lanka and a 22% stake in The Unit Trust Management Company Ltd., one of Sri Lanka's pioneering fund management companies, are also held by the Carson Cumberbatch Group.

   
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