Isle of Man Assurance Group (IOMA) has launched two additional funds in its Global Asset Portfolio f...
Isle of Man Assurance Group (IOMA) has launched two additional funds in its Global Asset Portfolio fund range. They are a New Economy and a Premium Profits fund.
The New Economy fund invests in the Edinburgh Technology as well as the Forsyth Funds Greater Europe to be able to gain exposure to Europe. Edinburgh Technology is ranked top of its sector over the three months to 14 August.
One of the key factors for the outperformance has been the fund manager's focus on realistic valuations for technology stocks and Edinburgh Fund Managers' team expertise.
Forsyth uses a fund of funds approach to investment management and invests in a combination of offshore funds and other collective investment schemes.
There are presently eight investment portfolios featured in the Forsyth Funds and the portfolios chosen are by in-depth research and the expertise of their investment manager, Forsyth Partners.
It aims to return 9%-11% per annum net of charges in sterling terms. Global Asset Portfolio provides investors with the opportunity to invest in funds with or without capital security and to switch investments between the range. Twelve free switches per annum are allowed between funds.
Also included in the range is a global index tracker, global equity and growth funds as well as access to Edinburgh Fund Managers' range of protected funds.
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