During its 8th Annual General Meeting APS Funds SICAV plc announced that once again both of its funds managed to register further significant growth in 2015. This was achieved despite volatile international markets, reflecting an uncertain global outlook. Terrorist attacks, a slowdown in China, and a rout in the commodity marketsexacerbated a difficult scenario.
The market in Malta remained a beacon of tranquillity. It has performed extremely well, as reflected in the very positive results achieved in APS Income Fund.In 2015,accumulator shares in thisfund registered an increase in value of 14.59%. From itslaunch until the end of March 2016, the fund registered an annualised return of 8.66%. As such, it scored among the best performing local funds that invest mainly in Maltese securities.
The second fund, namely the APS Regular Income Ethical Fund, offers a unique possibility of generating returns whilst adhering to ethical values. This is the first retail fund of its kind in Malta. In 2015,the accumulator shares of this fund registered an increase in value of 2.58%. From itslaunch until the end of March 2016, this second fund registered an annualised return of 6.59%.
Over 3,600 investors have invested €100 million in the two funds.
Global markets remain unstableand volatile. APS Funds SICAV plc will continue to adopt a successful prudent approach towards investment in the coming years. Further information may be obtained at www.apsbank.com.mt/apsfunds.