Baker Stearns Capital Achieves Full Subscription on Tech Fund Offering

London and Cayman based Baker Stearns Capital announced today their limited Tech Fund offering was fully subscribed after less than one month of launch, and has already seen a return of 23.7%.

London, United Kingdom, June 02, 2012 --(PR.com)-- The gains were primarily attributed to the timely divestiture of RIM stock, with a simultaneous buy-up of Apple shares. The exclusive fund which contained a basket of the globe’s hottest tech stocks had a minimum investment level of US$100,000. Block purchases by established clients and institutional investors including several major pension funds made up the lion’s share of fund holders.

The fund was also unique in that it held a mixture of recent IPO’s as well as ‘blue chip’ tech stocks that are typically difficult to acquire in significant quantities. The fund managers utilize a strategy of capitalization-weighted earnings to price ratio in combination with exhaustive analysis on global technology trends. This enabled the fund to drop RIM and increase Apple holdings and an ideal time this spring.

There are no immediate plans for additional purchase opportunities with this fund. Fund managers are constricted by the availability of additional quality tech shares to purchase worldwide. Clients are advised to contact their registered representative to assess the suitability of this investment for their portfolio in the event more units come available.

Release Disclaimer
This release is intended for informational purposes and should not be construed as a solicitation for investment in any of Baker Stearns Capital’s offerings. Currently, Baker Stearns Capital’s portfolios are open to qualified investors only. Past performance should not be taken as an indicator of future performance. All stated Baker Stearns Capital’s investment returns are net of fees. Baker Stearns Capital’s portfolios should be purchased only by individuals with a medium to high risk tolerance and who are seeking long-term returns. Prospective investors should discuss their financial position and goals with their representative prior to investing in any security or fund.

For any personal information that Baker Stearns Capital is either required to gather or which accumulates in the course of doing business with a client, Baker Stearns Capital has implemented a policy with respect to the collection and disclosure of its clients’ personal and non-public information. Collection of information is based on the Know Your Client rules mandated by the applicable security commissions and regulators. In complying with these rules, Baker Stearns Capital collects information from its clients, which provides not only client contact information, but also allows Baker Stearns Capital to consider the appropriateness and suitability of investment recommendations or actions for each client. Baker Stearns Capital will never share any client details with an outside party without the express written permission of the client.
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Baker Stearns Capital
Mrs. Gloria Cardiff
+44 20 3287 2153
www.bakerstearns.com
Level 17, Dashwood House
69 Old Broad Street
London
EC2M 1QS
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