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Calamatta Cuschieri has announced the launch of a GBP share class under the CC Euro High Income Fund, a sub-fund which forms part of the CC Funds Sicav plc., incorporated as an open-ended collective investment scheme, registered in Malta and qualifying as a Maltese UCITS in terms of the UCITS Directive. The Sicav is composed of a variety of strategies across the asset spectrum, amongst which includes the CC Euro High Income Fund. The new share class is set to give local investors who are holders of the sterling currency the opportunity to participate in an actively managed fund that invests in high yield bonds. Traditionally, sterling holders had limited investment options, which typically consisted of investing solely in UK companies via bonds or funds. Through this new share class offering, investors can now enjoy geographical diversification as the strategy dictates exposure to other regions and sectors, while they can still hold on to their sterling currency. Moreover, the new CC Euro High Income Fund GBP share class will distribute income every six months, while it gives the opportunity for potential capital growth. Jordan Portelli, Chief Investment Officer said: “The newly launched GBP share class offers investors the opportunity to reduce concentrated geographical risk, as the strategy is well diverse through its global exposure. Moreover, through its bottom-up approach, the Manager seeks to uncover value, thus giving investors the opportunity to benefit from higher returns, generated from sectors and regions which offer a premium when compared to their U.K. peers.”
The CC Euro High Income Bond Fund aims to maximise the total level of return for investors through investment in a diversified portfolio of bonds. To achieve this objective, the Investment Manager invests primarily in a diversified portfolio of over 65 intermediate term, corporate bonds with maturities of 10 years and less. Despite not mandatory, under the new GBP share class, the Investment Managers will seek to hedge the GBP share class in order to mitigate any EUR/GBP currency pair risk.
For further information get in touch with us on +356 25 688 688 or visit www.ccfunds.com.mt/ CCFunds SICAV was launched in September 2011, and today has an aggregate Assets Under Management of over €140m spread over 7 distinct sub-funds.
Calamatta Cuschieri Investment Services is one of the largest local Investment services companies and a founding member of the Malta Stock Exchange, the company offers a wide range of services including Financial Planning, Online Trading, Life Insurance, Pensions, and Capital Markets Advisory Services. It is licensed to provide investment services by the Malta Financial Services Authority.
The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly, any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Calamatta Cuschieri Investment Services Ltd has not verified and consequently neither warrants the accuracy nor the veracity of any information, views, or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. CC does not accept liability for losses suffered by persons as a result of information, views, or opinions appearing on this website.
Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act.
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