New Millennium SIF - AIM SISTEMA ITALIA PIR
The initial subscription period of the new sub-fund stars on 1st October and ends on 31st October, after having received the CSSF authorization. The new sub-fund is an Alternative Investment Fund (SIF), open-ended with a fortnightly NAV valorization. Banca Finnat who has been working on the project for years, is appointed as portfolio manager. The fund (PIR compliant) is reserved for institutional and professional investors as well as for fund managers. The procedure for marketing the fund in italy has been initiated to the competent Supervisory Authority.