Sumus plc
06 December 2006



6th December 2006

                                   Sumus Plc
                               New product launch


Sumus Plc ('Sumus' or 'the Company'), the AIM listed holding company for IFA 
businesses providing investment and financial advisory services and network 
support services to IFA firms, announces that it has received FSA approval for 
its proprietary OEIC.

The OEIC product will trade as The Brunel Funds. Within the Brunel Funds there 
will be The Brunel Distribution Portfolio and The Brunel Growth Portfolio. 
The Brunel Distribution Portfolio is a multi asset class fund aiming to 
generate a 4% income with some capital growth. The Brunel Growth Fund is 
primarily invested in equities, with some fixed interest content, aiming to 
produce capital growth over the medium to long term.

Commenting on this development, Piers Denne, Head of Investment Solutions at 
Falcon Group Plc commented; "This is an important development for the Falcon 
Group and Sumus Plc.  At Falcon, we have always offered a tailored approach to 
advising our clients; it naturally follows that we should develop tailor made 
investment solutions.  For Sumus Plc shareholders, the development of asset 
management products gives our business enhanced, robust and diversified revenue 
streams.  These revenue streams are rated more favourably than traditional IFA 
derived revenues."


                                     -ends-


Contact

Allan Rosengren                       0117 9330777
CEO - Sumus Plc                       07973 511941

Piers Denne                           0117 9330777
Falcon Group Plc                      07713 885286

Tom Cooper / Paul Vann                0117 9200092
Winningtons Financial


Note to Editors

Sumus, admitted to AIM in February 2005, is the group holding company of Falcon
Group Plc, a long established and consistently profitable IFA group, also of
Financial Synergies Plc which was established in August 2004 and Financial
Services Advisory and Support Limited which was acquired in September 2006.
Falcon was founded in 1983 by Allan Rosengren and Julian Telling, respectively
the Group Chief Executive and Group Operations Director of Sumus.

Sumus is a consolidator in the IFA sector, both by way of the organic expansion
of its operating businesses and through carefully selected investments in IFA
firms, which then become authorised through either the Falcon Group or FSAS.
Sumus provides strategic direction, working capital, compliance and risk
management resources to its operating businesses.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
NRADGMGZZKVGVZM

Sumus (LSE:SUMU)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024 Plus de graphiques de la Bourse Sumus
Sumus (LSE:SUMU)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024 Plus de graphiques de la Bourse Sumus