New Merill GBP hedged share class launched
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Following the success of the Merill SICAV plc, which has now surpassed €70 million in assets under management, Jesmond Mizzi Financial Advisors Ltd is pleased to announce the launch of a new GBP hedged share class under the Merill High Income Fund. The puNew Merill GBP hedged share class launched
Following the success of the Merill SICAV plc, which has now surpassed €70 million in assets under management, Jesmond Mizzi Financial Advisors Ltd is pleased to announce the launch of a new GBP hedged share class under the Merill High Income Fund. The purpose of this share class is to allow investors who are long in Sterling or in holdings denominated in GBP, which invest predominantly in UK assets, to diversify their portfolio by investing in a fund with a wider sectorial and geographical exposure. The net asset value (NAV) of the share class will be hedged against GBP thereby eliminating the EURGBP currency pair exposure. The Merill SICAV plc is incorporated as an open-ended collective investment scheme, registered in Malta, qualifying as a Maltese UCITS in terms of the UCITS Directive, and licensed by the Malta Financial Services Authority. The fund is self-managed, however, the day-to-day investment management of this new GBP hedged share class will also be managed by the team of professionals at Jesmond Mizzi Financial Advisors Ltd. “In view of the uncertainty surrounding Brexit and its possible repercussions on UK focused investments, being direct holdings or collective... Read more