New Star Indian Equity
June 12th, 2008
Launched on 9th June 2008 this fund is already proving to be popular amongst our clients.
Concentrating on the opportunities in India, with the economy estimated to have grown 8.7% over the year to 03/08, it’s one of the world’s strongest markets. Economic growth is fuelled by strong domestic consumption, high levels of corporate governance for an emerging market and one of the largest most diverse stock markets in the world. Given the importance of local knowledge in the market, Tata Asset Management Limited will be used to capitalise on this.
The minimum investment is £3,500 and while not available via FundsNetwork or as an ISA, we can still provide access and discounts as normal.
It’s a long-term investment, but well positioned. Please remember this is a Luxemburg-based SICAV. While you can buy Sterling shares, it is a dollar based fund and therefore extra risks are involved.
To invest in this fund or for more information, call 0800 294 7191, or get in touch online.
Author: Philippa Gee
June 12th, 2008
Category: Fund News, Investments.
