Financial Fund

During the past year banking stocks have been greatly oversold in the market turmoil. The extensive guarantees and injections of liquidity into the banking systems by central banks globally, will serve to strengthen bank finances. The crisis is also likely to create opportunities for the institutions that are in a stronger position and that have been less affected by the financial crisis.

Not all banks have been exposed to the sub-prime mortgage crisis, but the negative market sentiment has spilled over to almost all banks with falling stock prices as a consequence.

The banks and financial institutions that are fundamentally sound and that have not been significantly affected by the financial crisis have the potential for significant future growth relative to the banks that were heavily exposed to the mortgage markets and significantly affected by the credit crisis.

Ancoria has analyzed and selected a number of banks and financial institutions that have been marginally exposed to the crisis, have healthy finances and are fundamentally sound. 

The global financial market is in the processes of being reshaped and as an investor in Ancoria's Financial Fund you are given a chance to harvest the fruits from this process. Investors that share the above view regarding the current situation of the financial markets are welcome to invest in the Ancoria Financial Fund. Investors should be aware that this fund is a high risk fund suited for investors with a long-term investment horizon.

The Fund´s original investments will be in the following major banks. Banco Santander, Bank of America, Banque National de Paris, Credit Suisse, Deutsche Bank, HSBC, Nordea, SEB, Société Général, UBS.

The fund manager will monitor the markets developments and re-balance the portfolio with other banks / financial institutions if needed. The fund can also invest in money market instruments.

For further information, please contact us on +357 22-551300 or at info@ancoria.com