Tisco launches "ageing" fund
Tisco Asset Management has launched a mutual fund, cashing in on new opportunities created by ageing population.
"Tisco Silver Age" will invest mainly in European stocks, operating in industries which benefit from the growing number of the grey population. These stocks are in pharmaceutical, healthcare, medical equipment, recreation, insurance, and elderly care service industries.
According to the company, the fund will invest in CPR Invest - Silver Fund of Amundi Group's CPR Asset Management, aimed to outperform the MSCI Europe Total Net Return.
