SAMAIF Fund Suspension – Dec 2017 Update
The SAMAIF Fund has now been suspended for more than two years following actions by the Mauritius Authorities.
This has affected the pricing and ability to enter and leave the fund.
If you would like updates as soon as I receive them, or would just like to talk about the assets you have, then please Contact Me and ask to be put on the SAMAIF Mailing List.
6/12/17: Finally, some positive news from Tanveer Kawal, Head of Fund Operations, Titan Corporate Services.
Following a communiqué sent on behalf of Mr. Andrew Todd on 01 August 2017, we would like to inform you that Titan Corporate Services Limited has just been approved by the Mauritius Financial Services Commission as the new Administrator of Swiss Asset Micro Assist Income Fund (SAMAIF).
Currently we are finalising the necessary changes in the material contracts/agreements and proceeding the statutory filings with the authorities.
Upon take-over of the files from the previous Administrator, we are aiming roll back the NAV calculation of the Fund, which we believe has been pending for quite some while.
We are hopeful to speedily progress the NAV calculation and brings the SAMAIF back on track.
On-going developments about the Fund will surely be communicated to you.
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