The Sri Lanka Opportunity Fund (UCITS) is designed for investors who understand the value of entering a market at the point where stabilization begins to translate into real economic behavior. Sri Lanka today is not defined by headlines but by what is visible on the ground: companies rebuilding margins, banks strengthening balance sheets, tourism returning, and investment spending slowly reconnecting with confidence. As the first UCITS fund dedicated solely to Sri Lanka, SLOF provides a regulated and daily-liquid framework to access this transition. The fund brings together European governance, Swiss–Australian investment discipline, and direct on-ground market insight — insight shaped by continuous research, local presence, and active engagement with companies, policymakers, and sector leaders.
Operationally, SLOF is built on a fully institutional platform:
CAIAC Fund Management AG under FMA supervision (Management Company),
ACP Corum Pty Ltd (Australia) (Asset Manager),
Bank Frick AG (Depositary),
Deutsche Bank AG (Sub-Custodian),
Grant Thornton AG (Independent Auditor).
This structure supports robust custody, compliance, and reporting consistent with UCITS standards.
The portfolio invests across Sri Lankan equities, sovereign and corporate bonds, and liquidity instruments, supported by a minimum 30 % liquidity buffer to ensure resilience and daily NAV operations. In a frontier market, liquidity discipline is not defensive — it is strategic.
On the ground, Sri Lanka is moving through a familiar emerging-market cycle: stabilization first, then reconnection. Inflation has eased, policy rates continue to normalize, and sectors such as banking, manufacturing, and tourism are showing steady improvements. These shifts are not theoretical. They are visible in company earnings calls, credit flows, capacity utilization, and the return of both domestic and foreign investors to selective sectors. SLOF focuses on liquid, fundamentally sound businesses that are positioned to benefit from this transition. The opportunity is not in an immediate re-rating, but in recognizing that frontier markets typically turn gradually, with early signs emerging long before broader indexes reflect the change.
For investors seeking exposure to a frontier economy rebuilding with intent — through a structure built for stability and discipline — the Sri Lanka Opportunity Fund offers a credible and long-term pathway, anchored in real on-ground insight and regulated European oversight
The Sri Lanka Opportunity Fund (UCITS) targets long-term capital growth through a focused allocation to Sri Lankan equities, selective fixed income, and liquidity instruments. The strategy is built on a traditional, research-led framework aligned with UCITS V standards.
Majority exposure to CSE-listed leaders and high-quality challengers across financials, consumer, industrials, and select growth areas. We prioritise durable cash generation, governance, and compounding potential.
Selective use of government and high-grade corporate bonds and money-market instruments to steady returns, preserve capital, and keep dry powder for opportunity.
Minimum thirty percent in liquid government bonds and cash equivalents to support daily dealing and minimize market-impact costs.
The strategy is designed to provide structured, regulated exposure to Sri Lanka’s gradual recovery combining fundamental quality, liquidity discipline, and adaptive allocation in a market that remains under-owned and increasingly stable.
Single-country focus on Sri Lanka, with majority exposure to listed equities on the Colombo Stock Exchange. The portfolio may hold government and high-grade corporate bonds, money-market instruments, and cash to preserve flexibility and liquidity, all within UCITS limits.
Dealing frequency Daily valuation on Liechtenstein bank working days; subscriptions and redemptions accepted daily.
Order cut-off time 16:00 CET on the valuation day for both subscriptions and redemptions.
Trade/settlement Issue and redemption value date is three bank business days after NAV calculation.
Trading currency USD (invoice currency).
Entry/exit fees None.
Launch date 02 June 2025.
Legal form UCITS contractual fund under Liechtenstein law; single-fund structure.
ISIN LI1460187415; security no. 146018741.
Minimum investment USD 10,000; initial issue price USD 100.
Fees (maximums)
Performance fee 15% with high-water mark; no hurdle.
Governance Management company CAIAC; asset manager ACP CORUM PTY LTD; depositary Bank Frick AG; auditor Grant Thornton AG.
Share class USD (book-entry; no certificates).
Valuation Daily in USD on Liechtenstein bank working days.
IMF-backed stabilisation and structural reform.
Sri Lankan equities at ~9× P/E, trading well below regional peers.
With ACP Corrum’s global stewardship and UCITS governance, the Sri Lanka Opportunity Fund offers investors a rare combination of frontier potential and institutional oversight.
