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FinLab AG — Net Asset Value 2007
Jul 16, 2007
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Net Asset Value
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Corporate | 16 July 2007 08:31
Altira AG: The most important fund of Altira’s subsidiary VCH Investment Group AG now has a three-year track record; VCH Expert Natural Resources, one of Europe’s best commodity funds for three years
Altira AG / Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
VCH Expert Natural Resources (WKN: AOBL7N), the most important fund product
of Altira's subsidiary VCH Investment Group AG, celebrated its third
birthday last week. The fund has earned numerous accolades during these
three years. Since its inception, the fund has achieved performance of +
208 per cent and outperformed the index by more than 118 per cent, thereby
consistently placing in one of the top positions in its peer group. This
outperformance was not achieved in a few extraordinarily good weeks, but
through steady growth since the fund's inception. This makes VCH Expert
Natural Resources one of the best in its segment or, according to the
International Herald Tribune, 'Europe's best commodities fund'. Unlike many
competing products, VCH Expert Natural Resources is broadly diversified and
invests in all types of primary commodity producer shares: gold and other
precious and non-precious metals, oil and natural gas, as well as
agricultural, forestry, and food companies. As a result, it is possible to
compensate for weakness in one sector by shifting investments into other
areas.
The TELOS ratings agency assigned the fund an outstanding 'AA' rating just
in time for its birthday. The fund had previously earned an 'A' rating from
Standard & Poor's, and was awarded two Sauren gold medals in the 'commodity
equities' category.
The assets under management by the fund, currently at a level of EUR 218
million, should therefore continue to develop favourably in the future.
+++ About ALTIRA
Altira is a diversified asset management company with a number of
independently operating subsidiaries active in the private equity, public
equity, real estate and alternative investment asset classes. Altira sees
itself as a growth platform that provides these different asset management
models access to its network, infrastructure, management expertise and
capital resources while allowing each to retain its own individual
identity. In return, Altira is able to achieve broad diversification over a
variety of asset classes and customer groups, along with the highly stable
corporate earnings that this brings. More detailed information on the
company and its subsidiaries is available at www.altira-ag.de.
Contact:
Altira Aktiengesellschaft
Juan Rodriguez
Leiter Investor Relations
Tel: +49 69 719 159 66 405
e-Mail: [email protected]
DGAP 16.07.2007
Language: English
Issuer: Altira AG
Grüneburgweg 18
60322 Frankfurt / Main Deutschland
Phone: +49 (0)69 713 7588 - 12
Fax: +49 (0)69 713 7588 - 11
E-mail: [email protected]
Internet: www.altira-ag.de
ISIN: DE0001218063
WKN: 121806
Indices:
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry Standard
in Frankfurt
End of News DGAP News-Service