News round-up

Value Fund elevates
The Elevation Capital Value Fund, which invests in cash and global equities, has seen its net value rise by 0.87% in September and a total of 6.24% since inception in December last year.

The fund's strategy is to primarily buy stocks trading at a discount in relation to their net asset value, with low debt levels, and which have a history of paying dividends.

Funds under management currently stands at $1.05 million.

Milestone goes for Infiniti
Infiniti Solutions, the Christchurch arm of the Infiniti Capital group, has been selected as administrator for Milestone Capital's new private equity fund.