BARD Santner Investors has been appointed the new asset manager for Tasimba Properties’ three unit trusts and has pledged to help clients achieve their financial goals by providing expert management services.
Tasimba Properties, formerly Tetrad Investment Bank, will have three unit trusts being managed by Santner Investors (Private) Limited, a Zimbabwe registered asset management firm, namely the Tetrad Gold Fund, Gross Income Fund, and Net Income Fund.
Bard Santner Investors is part of the Bard Santner Markets Inc, a holding company with interests in asset management, corporate finance, wealth management and remittances.
The three funds collectively form a substantial 19.6% ownership stake in Tasimba Properties, making the performance and governance of the company critical to ensure a return on investment for the funds.
In a press release, Bard Santner Investors said: "As part of this appointment, we are dedicated to ensuring the responsible and effective management of these funds while maximising returns for our valued unitholders”.
A unit trust fund is an investment in which multiple investors pool their money together, which is then invested in a diversified portfolio of assets like stocks, bonds, or property by a professional fund manager.
Each investor essentially owns a portion of the fund represented by units they purchase, allowing them to participate in a wider range of investments with smaller amounts of capital than they could alone; essentially, it is a better way to access professional management and spread risk across various assets by buying units in a collective investment scheme.
As an asset management firm, Bard Santner Investors will play a crucial role in managing clients' funds by providing professional investment services which enables investors to access experienced investment professionals with specialised knowledge, skills and sound corporate governance, prudent investment strategies that align with the unit-holders’ financial goals and risk tolerance and creation as well as management of diversified investment portfolios.
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It also allows for close monitoring of performance and risk management to optimise fund returns, regular review and analysis of portfolio performance to ensure that investment objectives are being met; and compliance of all investment activities with relevant laws, regulations, and industry standards.
Overall, Bard Santner says it will play a vital role in helping clients achieve their financial goals by providing expert investment management services.
