Signet Bond Fund launched

Signet Asset Management Latvia, a subsidiary of Signet Bank, has established a new investment fund – Signet Bond Fund.

This fund has been designed to offer every investor the opportunity to capture revenues from diversified investments in debt securities across a wide range of industries and regions. Diversification of capital is the main advantage that investment funds provide to investors. With the launch of this fund, Signet Bank clients can now obtain a professionally managed bond portfolio with a single purchase.

Harijs Beķeris, the fund manager and Member of the Board of Signet Asset Management Latvia

Settlement for the fund’s shares occurs every business day. To accommodate a broader group of potential investors, the fund has two share classes for investments in either euros or U.S. dollars. Fund investors no longer need to keep track of currency risks, as those will be hedged within each share class for them.

Signet Bank will act as the custodian bank for Signet Bond Fund.

Signet Asset Management Latvia, established in 2010, is an investment managing company whose team of investment professionals have extensive experience in the financial markets of European and Eastern European countries. In addition to managing discretionary investment portfolios for their clients, the team also manages a private 3^rd pillar pension plan and the investment fund Signet Bond Fund.