First National Money Market & Savings Fund Holds Fourth AGM

First National Money Market & Savings Fund Private Limited has reported stable performance for the 2025 financial year, with annualised returns of 8.27 percent and its cumulative subscriber base reaching the Fund’s maximum capacity of 50 members.

The update was shared with investors during the Fund’s Fourth Annual General Meeting, held on 19 May 2026. The Fund continued to focus on capital stability, liquidity, and consistent returns during the year. Its subscriber base reached full capacity following changes to entry requirements introduced at the Fund’s third AGM last year. 

Shareholders also discussed proposed changes to the Fund’s target asset allocation strategy for 2026. Under the revised framework, the minimum allocation to risk-free government securities would be reduced from 40 percent to 30 percent, while exposure to private investments would increase from 60 percent to 70 percent.

The proposed adjustment is aimed at improving portfolio efficiency while maintaining prudent risk management practices. The Fund will continue to invest in short-term debt securities, including treasury bills, commercial paper, and other instruments within the Maldives.

Managed by First National Finance Corporation Private Limited, the First National Money Market & Savings Fund is licensed by the Capital Market Development Authority. The Fund operates as a professionally managed savings and investment solution focused on stable returns, liquidity, and capital preservation.