Kurm Investments Inc.
Kurm Investments Inc. ("the Fund") is an open-ended investment company incorporated in the British Virgin Islands and recognised as a 'Professional' mutual fund by the BVI Financial Services Commission. As a 'Professional' fund the minimum initial amount that can be invested is US $ 100,000 and potential investors in the Fund must meet wealth and other qualifications as specified in relevant BVI legislation.
The following is a brief summary of the strategies which Kurm Capital Management Ltd, the Investment Manager, uses to achieve the Fund's investment objective of medium to long-term capital growth. Research - the fundamental tool of the value investor When considering potential investments for the Fund, the Investment Manager tries to identify companies whose fundamental value seems to be underestimated by the market. Such businesses are not easy to locate at attractive prices; the Investment Manager looks at many, identifying and investing in few. Investment diversification - or concentration The Investment Manager does not believe that diversification, of itself, is an important consideration within a value investment strategy, and if few suitable investments are identified it is possible that the Fund's portfolio might be concentrated in a small number of investments. Investments may be made directly or indirectly Since launch in 1998 the Fund has invested in managed accounts, mutual funds, and limited partnerships run by successful value investment managers, as well as making direct investments in equity and other investment classes (both listed and unlisted). The Investment Manager believes that it is just as important to identify other investment managers whose performance shows that they can put the principles of value investment into practice as it is to apply those principles itself to finding companies in which the Fund can invest directly. To that end the Investment Manager may, with approval of the Fund, delegate its powers to one or more investment advisers, while remaining responsible for general investment methodology.
Address: Folio Chambers, James Walter Francis Drive, PO Box 800, Road Town, Tortola, British Virgin Islands VG 1110
Phone: +1 284 494 7065
FAX:
