Asiri Health will create an Investment Account as a gift for every new baby born in an Asiri hospital. The account is in the Softlogic Money Market Fund, and is initially worth Rs 5,000.
The fund is similar to a Bank Account that bears interest, which is usually higher than that of a bank savings account. This initial deposit can be increased by subsequent deposits from parents, relatives and other well-wishers. The investment will be a good base for your child to embark on his or her adult life. Your child will be able to benefit from the collected funds after reaching the age of 18 years.
The Fund is a Unit Trust managed by Softlogic Asset Management and licensed and regulated by the Securities and Exchange Commission of Sri Lanka., and Hatton National Bank is the Trustee/Custodian to the Fund.