As at 31 May, the La Valette Malta Fund has registered a net asset value   in access of €26 million.

Speaking on the 17th anniversary since its launch on the market, Mark Agius, Head of Valletta Fund Management stated “The Fund was the first investment solution to offer investors access to the local equity market and has to date attracted more than 2689 shareholders* in both the accumulator as well as the distributor class of shares”.  He continued that “This clearly confirms the affinity of the local investor to participate in the growth potential of Maltese companies”.  He concluded “Since its inception in June 1996, the Fund has registered a growth of 236.09% which reflects an annualised return of 13.89%”

The Fund, which is managed by VFM and advised by Bank of Valletta plc provides investors with three distinct benefits; a diversified portfolio of Maltese equity and debt securities, yearly income* streams currently at 4.62% and access to the investment at short notice.

As part of the growth fund range of investment solutions, investors can access the Fund from a minimum lump sum subscription of €2,500 or through a monthly investment plan with as little as €50 per month.