BACCI Investment Solutions launches Global Equity UCITS fund on Prescient Global Funds ICAV platform
BACCI Investment Solutions, a discretionary financial services provider based in South Africa, has launched its inaugural Irish UCITS fund, the BACCI Global Equity Fund, on the Prescient Global Funds ICAV platform.
The UCITS compliant fund aims to achieve optimal and consistent returns over time, investing in global equity markets. BACCI Investment Solutions aims to invest in quality companies with good long-term prospects, a credible track record and a robust business model. They utilise a solid fundamental analysis approach over time, aiming to minimise any style bias, resulting in a concentrated yet well-diversified portfolio. The reference benchmark is the MSCI World All Country Index.
“Adding a UCITS-compliant fund to our global investment solution both widens the scope of our offering and is a highly efficient structure that will benefit our clients materially. As the Irish jurisdiction UCITS fund was our preference and considering Prescient’s proven track record in being the platform of choice, it was a simple decision to partner with Prescient Fund Services,” says Vanessa Hofmeyr, Chief Investment Officer.
“The addition of the BACCI Global Equity Fund to the Prescient Global Funds ICAV, furthers Prescient’s reputation as the UCITS fund platform of choice for investment managers looking for an operationally efficient and globally competitive Irish fund solution,” says Rob Childs, Head of International at Prescient Fund Services. “We welcome the BACCI team to the Prescient family and look forward to working with them as they grow.”