General Information
| Fund Type: |
Open-ended |
| Domicile of Fund: |
Malta |
| Launch Date: |
22 October 1997 |
| Launch Price: |
€233 per share |
| Base Currency: |
EUR |
| Manager: |
Valletta Fund Management Ltd., Malta |
| Dealing Days: |
Daily |
| Year End: |
30 June |
| Min. Initial Investment: |
€2,500 (both for Accumulator Class & Distributor Class) |
| Regular Savings Facility: |
€50 per month (for Accumulator Class only) |
| Min. Addit. Investment: |
NONE |
| Up Front Charge: |
1% |
| Dividends: |
In the Accumulator Shares, there are no dividend payments and income is accumulated within the Fund. In the Income Shares, dividends are distributed annually as at the end of June, payable by end of August. |
| Exit Fee: |
0 to 3 years = 0.75%; 3 to 5 years = 0.50%; 5 to 7 years = 0.25%; +7 years = NIL |
| Annual Management Fee: |
0.65% |
| Date of AGM: |
October |
Investment Objective
The Vilhena Malta Fund aims to maximize the level of total return to investors, minimising the volatility of the portfolio whilst having regard to attaining a desirable level of liquidity through investment, principally, in Maltese debt securities and in Maltese equity securities.
Spread of Investments (as at 30 June 2010)
| Malta Government Stocks: |
43.65% |
| Equities: |
21.39% |
| Local CIS: |
19.72% |
| Corporate Bonds: |
13.22% |
| Cash: |
2.02% |
Top 3 Holdings (as at 30 June 2010)
| Security: |
% of Total Assets |
| La Vallette Malta Fund: |
19.72 |
| 7.80% MGS 2013: |
6.29 |
| 7.80% MGS 2018: |
6.18 |
