SYZ & Co launches US-managed sub-fund
SYZ & Co has launched a new US-managed sub-fund to its Luxembourg based Ucits-compliant OYSTER fund.
The OYSTER US Selection is managed by Scout Investments, based in Kansas City, Missouri. The fund will initially be restricted to institutional investors, but but will shortly be registered in countries in Europe and Asia, and become available to retail investors.
The sub-fund will actively invest in attractively-valued stocks. Stocks will be selected on long-term earnings power, and the sub-fund will typically hold 60-80 positions within its portfolio.
Xavier Guillon, CEO OYSTER Funds said: “We believe that the US economy is in recovery phase and is also more mature and less volatile than other markets. The US market offers strong opportunities to find undervalued companies with positive dynamics. We currently see a strong demand for US equities and our new fund, OYSTER US Selection, is well positioned to address investors’ needs. Its investment process has worked consistently in both bull and bear markets.”
The open-ended Luxembourg-based Ucits-compliant fund has a minimum investment of 100,000 USD, EUR, GBP or CHF, and 1m SGD.