Offshore Mutual Funds with Orbis

Sometimes an investor has to be in the right place at the right time to take an opportunity by the bullhorn. If you are still not convinced that offshore investing can be safe and profitable, look no further than the family of mutual funds offered by Orbis.
Based in Bermuda, their equity and absolute return funds have been doing quite well since inception. Earlier funds like the Orbis Global Equity Fund has returned a compounded 1100% since it’s start date. The performance of both Absolute Retun Funds were not too shabby either coming in at 700 and 1200% since inception.
Unfortunately, if you are looking at getting in to any of these funds, you are out of luck since they have closed them for new subscriptions since March of 2006. This is not to say an opportunity to participate will not be available in the near future.
Being a savvy investor means being prepared when the opportunity does arrive. Consider that their latest fund was started in 2006 and filled up quickly. Should they start a new fund, the doors will be open once again. It should be noted that their current funds have taken a hit this year in a turbulent market. Occasionally, closed funds often open up during a downturn. (This is not to say that it will happen here.)
While past performance can not guarantee their future results or success of new funds, their track record for the past 18 years speaks highly of their fund management.
If you are interested in being notified when the Orbis funds are reopen for new clients, follow this link and register: http://www.orbisfunds.com/FundNotification.aspx In the meantime, you will need to open up an offshore account to participate if you are not in a country that they accept clients from.
For information regarding the Orbis Funds please contact the Investor Services team at:
Orbis Investment Management Limited
LPG Building
34 Bermudiana Road
Hamilton HM 11
Bermuda
Mailing address:
P.O. Box HM571
Hamilton HMCX
Bermuda
Telephone: +1 (441) 296 3000
Facsimile: +1 (441) 296 3001
E-mail: clientservice@orbisfunds.com
Web site: www.orbisfunds.com
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July 2nd, 2009 01:48
Excellent article, I enjoy every article I read here. Thanks,
and keep bloggin!