Sagicor Barbados Fund Exceeds Market Performance Average
Article reblogged from http://www.caribbean360.com
Dexter Moe, Vice President, Investment Management Services, Sagicor Asset Management Inc.
Sagicor Asset Management (SAMI) has reported a return of 8.48% for its Sagicor Select Growth Fund making it the best performing growth fund for the period January to December 2013. This return compared favourably with the local industry’s average return of 5.25% for growth funds.
The Sagicor Select Growth Fund is invested primarily in a diversified portfolio of other mutual funds with growth strategies and other select securities. The fund offers investors the opportunity to easily invest in a broad portfolio of funds by making a single investment.
The 2013 performance of the fund follows a strong 2012 performance in which the Sagicor Select Growth Fund gained 10.5% and exceeded the industry average performance.
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