IE Staff
SEI Investments Canada Company (SEI Canada) is introducing new classes and making other changes to a selection of mutual funds.
The asset management firm will launch a new class of FC units for its Canadian Fixed Income Fund, Emerging Markets Equity Fund and International Equity Fund, allowing for “additional options [for] SEI Canada’s cost-efficient fee-based offering,” a release said.
At the same time, the firm is closing classes of multiple funds, with more details expected in preliminary and pro forma prospectus filings. The closures will impact class I and R units of 20 products, including equities, bond and income funds.
Staff
SEI Investments Canada Company (SEI Canada) is introducing new classes and making other changes to a selection of mutual funds.
The asset management firm will launch a new class of FC units for its Canadian Fixed Income Fund, Emerging Markets Equity Fund and International Equity Fund, allowing for “additional options [for] SEI Canada’s cost-efficient fee-based offering,” a release said.
At the same time, the firm is closing classes of multiple funds, with more details expected in preliminary and pro forma prospectus filings. The closures will impact class I and R units of 20 products, including equities, bond and income funds.
The Directors of Baronsmead Venture Trust plc are pleased to announce the unaudited half-yearly financial report for the six months to 31 March 2021. Copies of the half-yearly report can be obtained from the following website: www.baronsmeadvcts.co.uk Our Investment Objective · Baronsmead Venture Trust is a tax efficient listed company which aims to achieve long-term investment returns for private investors, including tax-free dividends. Investment Policy · To invest primarily in a diverse portfolio of UK growth businesses, whether unquoted or traded on AIM. · Investments are made selectively across a range of sectors in companies that have the potential to grow and enhance their value.
Quarterly results for the three months ended 31 March 2021 (unaudited) · NAV total return per share for the three-month period of -0.3%. · NAV of 480.67p per share as at 31 March 2021. · Quarterly dividend of 4.35p per Ordinary Share. Introduction As at 31 March 2021, the net assets of the Company were £355.4m, giving a Net Asset Value ( NAV ) per share of 480.67p, which taking into account the dividend of 3.99p paid on 29 January 2021, gives a decrease of 0.3% over the quarter. Exchange rate movements reduced the overall valuation by approximately 1.5% over the quarter. With the discount narrowing to 22.6% as at 31 March 2021 the share price total return for the period was an impressive 22.5%. The discount has continued to narrow and is currently 14.9%.
MD PAC Asset Dele Ige
PAC Asset Management Limited “PAC Asset”, a subsidiary of PanAfrican Capital Holdings, has been making giant strides in the financial sector. x
PAC Asset won the award as its Equity fund had performed excellently in 2020. The award, organised by the United Kingdom-based Global Banking & Finance Review magazine recognises the growth and performance of PAC Asset’s Equity Fund.
In this interview, PAC Asset Management Limited managing director Dele Ige spoke about the company’s strides, innovation, COVID-19’s global impact and how the company intends to consolidate on these achievements.
PAC Asset Management Limited has been in the news of recent, can you tell us more about the company?