PRESS RELEASE – Lancer Offshore Inc., the Omnifund Ltd. 

The Financial Services Commission is aware of the recent highly publicised reports in the international press concerning the Lancer Group of companies and is concerned to take action to protect the interest of investors in the Funds. 

Lancer Offshore Inc. and the Omnifund (the Funds) are both incorporated in the British Virgin Islands under the International Business Companies Act and are recognised as professional funds under the Territory’s Mutual Funds Act, 1996.