Martin Currie is to launch four new sub funds into its Luxembourg Sicav on 11 September. The ...
Martin Currie is to launch four new sub funds into its Luxembourg Sicav on 11 September.
The funds include UK Growth, Greater China, Pan European and International Growth. The funds will be dollar denominated and minimum investment is $5,000.
The new sub funds mirror offerings available in the UK and run by managers such as Jeff Saunders (UK Growth) and Dino Fuschillo (Europe). A Japan fund, managed by Michael Thomas, already exists within this umbrella, however a separate yen share class is being launched to broaden its appeal.
The launch of the funds into the Sicav means Martin Currie can target customers in 11 European countries, said communications manager Ross Leckie.
In each case the initial charge is 5% and annual management charge is 1.5%.
The range has been seeded with $150,000.
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November