New Star Financial Opportunities Fund
Investment objective
The investment objective of the Company is to provide shareholders with a high level of income and the potential for capital and income growth.
Investment policy
The Company will seek to achieve its investment objective by investing predominantly in the equity, debt or other securities of listed European and UK financial companies. The Company may invest up to 25 per cent. of its total assets in financial companies listed outside of Europe and the UK.
Key features
- Invested in a diversified portfolio of equity and fixed interest securities the significant majority of which are currently issued by European-listed financial companies.
- The Company's benchmark for measuring performance is the Dow Jones STOXX 600 Financials Index. The Company pays four quarterly dividends to shareholders. The Company may also invest up to 10% of total assets in unquoted financial securities or limited partnerships, which themselves invest in financial companies.
- Ordinary shares are geared by up to 50% of total assets through the use of a credit facilities.
