US EditionETF sees asset growth despite majority of accounts remaining dormant - LNW Lanka News Web
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ETF sees asset growth despite majority of accounts remaining dormant - LNW Lanka News Web
April 21, Colombo (LNW): At the close of 2024, Sri Lanka’s Employees’ Trust Fund (ETF) saw a notable rise in its financial standing, despite a strikingly low rate of active participation amongst its members. Data released by the Central Bank of Sri Lanka (CBSL) reveal that of the 16.3 million member accounts registered under the ETF, only 2.3 million—just 14.11 per cent—were actively maintained during the year. This low engagement rate did littl…
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