First National Finance Corporation has strategically repositioned its Money Market & Savings Fund, dramatically lowering the entry barrier for investors across the Maldives. The pioneering Capital Market Development Authority (CMDA)-licensed fund has announced a groundbreaking reduction in its minimum initial investment requirement, signaling a transformative approach to democratizing financial investment opportunities.
In a landmark decision during its third Annual General Meeting on July 9th, 2025, the fund unveiled significant changes designed to make professional investment more accessible to a broader range of Maldivian investors. The most notable adjustment is the substantial reduction of the minimum initial investment from MVR 100,000 to just MVR 25,000.
This strategic move positions the First National Money Market & Savings Fund as the most inclusive investment vehicle in the country’s emerging financial landscape. The fund’s performance has been impressive, delivering an 8.25% return in 2024, substantially exceeding its initial 5.5% target when launched in 2022.
Managing Director Fathimath Shaheera emphasized the customer-centric rationale behind these changes: “We are responding directly to investor feedback and market dynamics. By lowering the entry threshold, we’re empowering more Maldivians to participate in structured, professional investment opportunities.”
Beyond the reduced initial investment, the fund has introduced additional flexibility with subsequent investment options. Investors can now contribute as little as MVR 5,000 per month, providing unprecedented accessibility for individuals seeking to build long-term financial portfolios.
The fund’s investment strategy remains robust, focusing on short-term risk-free securities and carefully selected private-credit instruments. This approach ensures that even with reduced entry requirements, investors can expect risk-adjusted returns that align with professional investment standards.
By strategically lowering barriers to entry, First National is not just offering an investment product but catalyzing financial inclusion. The move signals a progressive approach to democratizing capital market participation in the Maldives, potentially inspiring similar innovations across the financial sector.
As the Maldivian financial landscape continues to evolve, the First National Money Market & Savings Fund stands at the forefront of this transformation, demonstrating a commitment to accessibility, performance, and investor empowerment.
