Centaur launch new football investment products
London-based investment firm Centaur Corporate have unveiled two new football-based funds.
The products will give customers the opportunity to invest based on the accurate analysis of football matches.
One of the launches is an updated version of the Socrates fund, which underwent development in August 2011 having enjoyed 25% growth in 2010 trading on UK matches, while the other is the brand new Plato fund, launched this month, which focuses on European fixtures.
Both Socrates and Plato offer investors instant liquidity with all funds instantly accessible without any redemption penalties.
A launch event was held on 22 November, with Centaur’s head football analyst Tony Cascarino in attendance. Cascarino’s team have an 80% strike rate for the first two months of the season, generating a 9% return on investment which, if maintained, would translate to over 60% for the 2011/12 season.
The minimum investment in Socrates and/or Plato is £5,000, while the maximum is £1,000,000. Clients can operate either an income or growth account.
Centaur Corporate managing director Keith Sobey said: “Centaur has an eight-year track record in operating a UK football PMA. We are excited to announce a new format for our PMA which should increase profitability and enjoyment from an investor perspective.”