Jesmond Mizzi Financial Services Limited has launched another discretionary portfolio service that will consist of investments in euro denominated bonds issued by foreign issuers. Atlas Investment Services Limited is marketing this service, together with JMFS.

The Euro Income Bonds Portfolio-2014 is a composite of investment grade bonds issued by foreign issuers. The Bond Portfolio, which matures in 2014, will earn investors a total indicative return of 5.2 per cent per annum. JMFS selects bonds on a wholly independent and impartial basis by researching and monitoring a range of bonds available in euro.

The discretionary portfolio service will invest in investment grade bonds thus giving the investor exposure to a spread of good quality bonds. The indicative return per annum, is before charges and taxes, and is based on the current yield to maturity of the bonds forming part of the portfolio and is subject to market movement until the pricing date, when it will be fixed and advised to investors.

Potential investors may participate with a lump sum investment of at least e5,000. The Euro Income Bonds Portfolio, which is now available, has a limited offer period up to 15 April.

Investors should note that the underlying investments are subject to market fluctuations and the risks inherent in all investments. Past performance is not necessarily a guide to the future. The value of investments can go down as well as up and the investor may not realise the value of one’s initial capital. Redemptions on maturity of the capital invested in the underlying bonds depend on there being no default by the bond issuers. Early redemptions may not be honoured and could result in a loss on the amount invested.

Further information can be obtained from JMFS, 67/3 South Street, Valletta or by calling 2122 4410 / 8007 2206 or on www.jmfs.net or from Atlas Investment Services Limited of Abate Rigord Street, Ta’ Xbiex or calling 2326 5690. Both companies are licensed by the Malta Financial Services Authority to conduct Investment Services business. This press release has been issued and JMFS and Investments should be based on full details of the applicable documents, which can be obtained from the offices of JMFS or AIS.