Information in relation to holdings in the FMG (EU) Africa Fund.

Reference is made to our letter dated 25 July 2017 in relation to the Suspension of Dealing and Compulsory Redemption of the above mentioned Sub-Fund. We are pleased to note that the Investment Manager has closed down all of the Sub-Fund’s underlying positions and all...

Information in relation to holdings in the FMG (EU) Africa Fund.

The FMG group has a healthy growth and we recently celebrated our 25th anniversary. In growing and developing our offerings, we are currently streamlining the number of funds and share classes offered. Following the receipt of a material redemption, we took a...

Bermuda: FMG Africa Fund and FMG New Frontier Fund closure

The investment committee of FMG is moving its focus away from these two Bermuda funds, which would lower their AUM and further increase their running costs. The fund directors thus moved to close the fund. FMG meanwhile offers investors in these two funds the...