New Ancoria website launched

Ancoria Insurance
JULY 2020
Ancoria Insurance
Structured Fund news

Right after the peak of the pandemic crisis and with many countries still under lock down, on May 25th the Ancoria 4-Year SEK Autocall 5% Fund was automatically redeemed exactly two years after its launch date, providing our policyholders who invested in this Fund, a net performance of 10%. This return was rather impressive relative to the performance of the underlying index, the OMXS 30, which was only 0.1% during the same period!

A new structured fund was launched, the Ancoria 5-Year SEK Autocall 5.75% Fund, to replace the fund that matured. The new Fund was fully subscribed and it will give policyholders the opportunity to earn an annual return of 5.75% with a yearly automatic redemption feature depending on the performance of the OMXS 30 Index. Initial capital will be subject to a loss only if at the final observation date in year 2025 the Index drops by more than 35% from its initial level. The Fund also attempts to limit the issuer risk by investing in structured notes issued and guaranteed by five different highly ranked financial institutions.

If market conditions permit, we are planning to launch even more structured funds later in the year.
 

Ancoria Insurance
New Ancoria website launched

During the 2nd Quarter of 2020, Ancoria announced the launch of its newly designed corporate website for the Swedish market. 

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A bar graph displayed on a presentation screen, showcasing data visually. Market Commentary

Equity markets and risk assets soared during the second quarter of the year, as countries began easing lockdown restrictions and activity started to rebound. Despite Covid-19 continuing to spread in some regions of the world, such as Brazil and the USA, support provided by policy-makers around the world and the abundant liquidity contributed to a swift market recovery. Investment demand for safe-haven assets like government bonds and gold remains elevated, reflecting the nervousness among investors. Volatility is expected to remain elevated throughout the year, as the economic impact of the pandemic has yet to be crystalized, while political uncertainties, such as the potential flare-up of US-China trade tensions and the US presidential elections remain. 

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Ancoria's Top Performing Funds
(as at 30/06/2020)
Fund Name YTD % (EUR) YTD % (SEK)
Ancoria Asia Consumer Fund8.488.53
China3.683.73
Global Growth2.852.89
Money Market Fund USD0.100.13
Money Market Fund EUR-0.20-0.18
Money Market Fund SEK-0.26-0.22
About Ancoria Insurance
About Ancoria Insurance
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Contact Us
Telephone +357 22 551300 Email info@ancoria.com
Address 36 Laodikias Street, Strovolos, 2028 Nicosia, Cyprus
www.ancoria.com
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