The Island's senior golfers will be battling it out for some top prizes this summer following the launch of a new tournament. The KHG Funds Senior Open is aimed specifically at players, both male and female aged over 50. The inaugural series, sponsored by KHG Funds, will be staged over three rounds on May 27, June 30 and August 5, Stableford format with individual prizes on the day and an overall. Prizes will be awarded at the end of each competition, and the overall winner total of the event, the total prize fund is in excess of ?3,000. KHG Funds is a innovative new fund range recently launched in the Isle of Man. Glen Cochrane Director stated “We are committed to supporting the local community and this competition provides a very positive way to introduce the KHG range and the wider Creechurch Capital services to the Islands residents. We recognise that senior sports men and woman are vital to the smooth running and ongoing support of many of our Islands sporting clubs and hopefully through the KHG Open they will enjoy a return to the limelight”. KHG Funds investment management by Creechurch Capital a Douglas based boutique investment manager. KHG funds are very pleased to announce three co-sponsors for each event, namely, Cowley Groves Estate Agents at Castletown, Boal & Co (Pensions) at Ramsey and MBL Financial at Peel. David Creane, Proprietor Cowley Groves “the event offers great value to the golfers and it’s a pleasure for Cowley Groves to be involved in KHG Funds first ever Island event” The series is designed to provide both a competitive platform but also an opportunity for senior golfers from around the Island to participate in an enjoyable and social day's golf. Gary Boal, Managing Director of Boal & Co Pensions commented ” The Island is one of several important pension markets for Boal & Co, and Creechurch and its sister companies are very valued partners for us in the personal pension sector. We are therefore delighted to be an inaugural sponsor for this event. We hope that the weather shines kindly on all competitors, and particularly so on any Boal & Co clients who take part.” The action gets under way on Friday, May 27, at Castletown Golf Club, with round two at Ramsey on Thursday, June 30, and the final leg on Friday, August 5, at Peel followed by the prize presentation and buffet. Tee times have been reserved between 9am-3pm and players will go out in groups of three for the 54-hole tournament. Numbers are restricted and will be allocated on a first come first served basis. Entries received after all the places have been allocated will be held on file as a reserve list and any fees returned. A full handicap will apply and the entry fee is ?40, which will include three days' golf greenage, refreshments pre and during every round with a buffet after the final round at Peel. David Wilkinson CEO of MBL Financial commented “the opportunity to be part of such a prestigious golfing event cements MBL Financial’s commitment to the Island”. It is hoped that the KHG Funds Senior Open will become one of the season's top events with prizes on each day for first, second and third places in both male and female categories in addition to the overall. Players requiring an entry form or any additional information should contact Debbie Gardiner at Creechurch Capital on 653810 or visit www.khgfunds.com. - Ends -