Investments in Infond PanAmerica, an equity subfund of Infond Umbrella Funds, are intended for investors who are willing to assume higher risk and invest their funds over the long term, but at the same time expect higher gains than with less risky types of investments. Subfund invests at least 75 % of its assets in equities, predominantly of enterprizes from Northern and Latin America. Our estimate is that it is highly appropriate as a supplement to personal investments. The fund started operating on 4 June 2007. Investment risk in the category of all mutual funds is estimated as high (8 on a scale of 1 to 10).