General Information
| Fund Type: |
Open-ended |
| Domicile of Fund: |
Malta |
| Launch Date: |
22 July 2002 |
| Launch Price: |
€1 per share |
| Base Currency: |
EUR |
| Manager: |
Valletta Fund Management Ltd., Malta |
| Dealing Days: |
Daily |
| Year End: |
30 September |
| Min. Initial Investment: |
€1,000 |
| Regular Savings Facility: |
€50 per month |
| Min. Addit. Investment: |
NONE |
| Up Front Charge: |
2% |
| Dividends: |
Quarterly (Feb, May, Aug, Nov) |
| Exit Fee: |
0 to 3 years = 0.75%; 3 to 5 years = 0.50%; 5 to 7 years = 0.25% and +7 years = NIL |
| Annual Management Fee: |
1% |
| Date of AGM: |
February |
Investments Objective
The investment objective of the La Valette Euro Income Fund is to aim to achieve a reasonable level of income, with the possibility of capital growth, through investment in debt securities consisting primarily of Euro denominated debt securities.
Spread of Investments (as at 30 September 2010)
| Euro Demoninated Bonds: |
93.96% |
| Bank Balances: |
0.96% |
| Sterling Denominated Bonds: |
3.13% |
| USD Denominated Bonds: |
1.95% |
Top 3 Holdings (as at 30 September 2010)
| Security: |
% of Total Assets |
| Government of Germany Bond 3.25% 2020: |
2.62 |
| Unicredit SPA 4.875% 2013: |
1.83 |
| Fosse Master plc FRN 2054 |
1.74 |
