BELGIUM – Cordius Asset Management has opened the subscription period for a new fund of funds that invests in the shares of other investment funds themselves investing in European equities.
The subscription period runs up to and includes July 13.
The funds are selected according to a quantitative process developed in-house by Cordius.
Investors will pay a maximum management commission fee of 0.75% per annum.
During the launch period investors will pay no front-end fee, but this will then rise to a maximum of three per cent. There will be no exit fees.
Information on the fund can be obtained from a number of depositary banks including Banque Artesia, BACOB bank, Belstar and Eural.