December 8, 2016
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Wall Streeter Starts African Investment Fund

 

 

GoldVest's newly launched offering, The Bullion Fund, is unique in that the Alternative Investment and Goodwill Fund reinvests its own profits into African Nations’ economies where needed most, whether it be to help maintain peace, improve global image, to build schools, infrastructure, medical facilities, to attract tourism, develop a financial center or assist in the cultivation and mining of natural resources.

 "Rather than relying on the World Bank for more debt", says Steven Zoernack, "The Bullion Fund helps give citizens of Emerging Nations the confidence to reinvest in their own economy by opening their markets to free trade and encouraging Foreign Capital" 

 

Washington D.C -- GoldVest's flagship offering, The Bullion Fund, launched on March 1, 2010 and is unique in that the Alternative Investment and Goodwill Fund will reinvest some of its own profits into African Nations’ economies where needed most. "Rather than relying on the World Bank for additional debt", says Steven Zoernack, Portfolio Manager and Managing Partner, "The Bullion Fund helps give citizens of Emerging Nations the confidence to reinvest in their own economy by helping to open up their markets to free trade and encouraging Foreign Capital".

GoldVest, the investment manager of The Bullion Fund, is involved in active trading, investing and research in the global equity, debt, currency and commodity markets for its investors. The firm's investment strategies include global macro trading, equity long/short, statistical arbitrage, fundamental equity investing in the U.S. and Europe, emerging markets, commodities, event driven strategies and technical trading systems.

The Bullion Fund is an opportunistic fund with a core focus on precious metals, equities, oil and gas, mining shares, and related derivatives. The Fund seeks for its investors high returns, capital preservation and long term growth despite broader market advances and declines. Its global macro and equity long/short strategies utilize proprietary statistical trend following models for both new idea generation as well as hedging the overall portfolio.

GoldVest employs Tier 1 Independent Service Providers that perform such services as audits, valuations, reconciliations, confirmations, maintenance of custodial bank accounts, subscriptions, redemptions, funds transfers, and performance and management fee allocations.

The Bullion Fund seeks assistance from Agencies both in the United States and in Africa in locating worthy goodwill projects to invest in. Some future projects will attempt to help maintain peace, improve global image, build schools, infrastructure, medical facilities, attract tourism, develop a financial center or assist in the cultivation and mining of natural resources.

According to Zoernack, "The 2008 -2009 market deleveraging left many pricing dislocations within the capital structure. As a result there are multiple opportunities to capitalize on mispriced assets. Much of the global equity, debt, currency and commodity markets still retain valuable relative value and unique opportunities".

The Bullion Fund was formed to seek calculated profits from these dislocations in market value and pricing.

Investment in the Fund is not available to the general public.

GoldVest
1701 Pennsylvania Avenue NW
Third Floor
Washington, DC 20006
(202) 747-7575

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