New investment service from JMFS

Jesmond Mizzi Financial Services Limited (JMFS) is offering investors a new service - a discretionary investment portfolio management service - consisting primarily of investments in equity, bond and absolute return funds managed by local and international fund managers, as well as direct bonds and equities.

The JMFS Savings Portfolio is designed for investors seeking capital growth from their investment by investing in a variety of funds managed by various investment houses.

The JMFS Savings Portfolio will consist of three different strategies, which will cater for different risk profiles of investors. The three strategies are the Conservative Portfolio, the Balanced Portfolio and the Dynamic Portfolio to cater for different investors' profiles. The Conservative Portfolio will be the more cautious strategy and the Dynamic Portfolio will be the more volatile or risky strategy.

Each portfolio will invest in various currencies but will be denominated in euros. The underlying investments within a portfolio will be diversified, encompassing primarily a careful blend of different bond, equity, money and absolute return funds, depending on which portfolio is chosen.

JMFS will select the funds within a portfolio on a wholly independent and impartial basis by researching and monitoring the full range of funds available in the local and international markets. The funds selected will all be licensed as Undertakings for Collective Investment of Transferable Securities (UCITS). Investments in a portfolio may also be made directly in equities and bonds in the local and international markets.

The JMFS Savings portfolio is ideal for investors looking to invest either on a regular basis or as a lump sum, and who intend to invest for a period of not less than five years, and aim to increase their investment through capital growth.

Each portfolio will invest in investments that are more speculative in nature than other types of investments, be it in bond funds as well as equity funds. Each portfolio will also invest in higher risk investments.

The Dynamic Portfolio is the portfolio having the greater percentage of higher risk investments.

Investors may invest in a port-folio by making an initial investment of at least Lm1,000. It shall also be possible for investors to make a monthly investment of Lm25 or a quarterly investment of Lm75 or a bi-annual investment of Lm150 or Lm250 annually, provided that in all such cases the investor will ultimately invest not less than Lm1,000.

The investments in the JMFS Savings Portfolio should be made on the full details contained in the brochure and the terms and conditions available from JMFS. Any investor who is in any doubt about the risks of investing in the JMFS Savings Portfolio should consult JMFS for further details on 2122-4410, visit www.jmfs.net, info@ jmfs.net or at their office at 67/3, South Street, Valletta. Jesmond Mizzi Financial Services Limited (JMFS) is licensed to conduct investment services business by the Malta Financial Services Authority.