Issue link: https://maltatoday.uberflip.com/i/1295509
2 NEWS 8.10.2020 APS Funds SICAV p.l.c., an open-end- ed Malta UCITS collective investment scheme, has launched its fourth sub- fund, the APS Global Equity Fund. is Fund endeavours to maximise total return to investors through invest- ment in global equity securities. It will invest mainly in listed equities, but can also invest in other types of securities. It may also hold deposits and cash and se- lected Collective Investment Schemes (CISs) that are UCITS CISs and/or UCITS eligible CISs, Exchange Trade Funds and ADRs. e Fund will emphasise its invest- ment allocation in developed markets such as European Union Members and Group of 10 Countries, focusing pri- marily in large-capitalisation and liquid companies. Investors have the option to choose between accumulator and distributor shares with the latter pay a dividend every six months. ere are also two ways to invest in the APS Global Equi- ty Fund; firstly, through a savings plan, with the APS Global Equity Fund Accu- mulator Share Class, where a minimum deposit of €50 every month is required. e second option is a lump sum invest- ment requiring a minimum subscrip- tion of €1,000. Josef Portelli, Managing Director at ReAPS Asset Management Limited and Head of Investment Management at APS Bank plc commented: "is fund is an important addition to our product offering as it complements the existing APS Funds Range, while also adding a key new element to our product offer- ing, giving our customers more oppor- tunities to invest in different areas." Prospective investors are invited to speak to one of APS Bank's represent- atives and to read the Prospectus, rel- ative Offering Supplement and KIIDs available on www.apsfunds.com.mt. APS Global Equity Fund launched GET Governanz is today organ- ising its first anti-corruption we- binar, in association with Malta Chamber, themed '10 Principles for Fighting Corruption' and hosted in collaboration with the American Anti-Corruption Institute (AACI). "Corruption is a complex so- cio-economic issue which cannot be fought through a one-size- fits-all approach. Strenghthening legislation and enforcement are important but these need to be complemented with a change in public attitude through systematic and sustained education especially amongst the younger generation," Get Governanz CEO Terrence Norris said. e high-level webinar will out- line 10 principles for fighting cor- ruption including effective and good governance, effective internal control, independent and effective judiciary and the pervasiveness of the rule of law. "Political and social events in Malta have created a climate of undue uncertainty within the lo- cal business community causing a negative impact on business con- fidence and on the country's rep- utation, especially in particularly sensitive sectors," says Terrence Norris. "is webinar will most impor- tantly show that although corrup- tion is a complex socio-economic concept that requires sophisticated tools to eradicate it, fighting it is not impossible but not through a one-size-fits-all approach. Chang- es to laws, improvements in en- forcement structures and proce- dures are good to start with but these have to be complemented with a change in public attitude through systematic and sustained education of what constitutes cor- ruption; with a particular focus on educating Malta young people on the subject," he added. e keynote speaker for the webi- nar will be Mike Masoud, director at the AACI. Masoud has extensive experience helping corporations investigating allegations of cor- ruption. In over 25 years of expe- rience, he has helped attorneys in complex court cases involving seri- ous allegations of corporate fraud, improper financial reporting and economic crimes. He will be joined by Malta Cham- ber President Perit David Xuereb, together with Terry Norris, An- drew Naudi and Charles Cassar from Get Governanz, on a short panel. e event will close with a Q&A session. e event will take place via Zoom at 3.30pm. ose interested are invited to register by visiting the events section on www.malta- chamber.org.mt Malta Chamber teams up with Get Governanz for first anti- corruption webinar