This modification will give investors a wider time frame to register their shares and take advantage of this project. Investors will have until November 30, 2015 to register shares directly through the portfolio manager in their respective client’s name. In early December we expect to allocate a charitable offering form that must be returned to Ephraim Global no later than December 20, 2015 in order for the charitable donation to be made. The final distributions are expected to be made during the first quarter of 2016.
Ephraim Global has established its Charitable Offerings project in June 2014. In January 2015, the company has donated $4.5 million to 50 separate charities on behalf of its clients. As an enterprise, Ephraim Global will have zero control regarding these contributions; it is however honored to make the donations on behalf of its investors. Only recognized charitable organizations will be qualified to receive the contributions from Ephraim Global.
SPECIAL NOTE AND DISCLAIMER
The information in the press release may include forward-looking statements which present our current expectations or projections of future events. Specifically it contains statements regarding future endeavors, performance and/or financial outcomes. While we consider that we are basing our expectations on feasible and prudent premises within the limits of what we presently know relating to our business and operations, there can be no definitive assurance that the final outcome will not differ from our expectations.
About Ephraim Global
Founded in 2005, Tokyo-based Ephraim Global is an international asset management group serving clients around the world. The company offers a wide range of financial advisory and planning services, bond and mutual funds, diversified asset portfolios, pension plans and account management for private and institutional clients alike, focusing on diversification, extensive research and a risk-aware investment approach.
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