Fidecum AG
Fidecum SICAV – Contrarian Value Euroland: Registration for public distribution in Switzerland
Fidecum AG / Key word(s): Funds/Regulatory Approval The Fidecum SICAV – Contrarian Value Euroland (ISIN: LU0370217688) had already been registered in the past for public distribution in Germany, Luxembourg and Austria. Effective May 19, 2011, it has been registered by the Swiss Financial Markets Authority FINMA for public distribution in Switzerland. The Fidecum SICAV – Contrarian Value Euroland was launched in July 2008 and thus will have a three year track record in the summer 2011. Assets under management are at a level of 100 Mio. EUR. With a performance of +24,4% since inception (end of May 2011) the fund exceeds its benchmark, the EuroStoxx (Return) index by a wide margin. The benchmark was up by 1,7% during the same period. The fund also continues to be amongst the top performing equity funds, which are invested in the Euro zone (ex. U.K). Klaus Kämmerer, Managing Partner and Head of Sales and Marketing at Fidecum says: 'We are very pleased with this encouraging development as it is a consequence of applying a model consistent investment style at all times throughout the cycle.' Many of the portfolio constituents are still traded in the market at a substantial discount vs. their fair values. Klaus Kämmerer points out: 'Our numerous domestic and international investors are still looking at an impressive upside potential. With the Swiss registration for the fund, now a much broader audience in Switzerland will have access to this potential too.' Investors in Switzerland may obtain the complete fund prospectus free of charge from our local representative IPConcept (Schweiz ) AG or our paying agent in Switzerland DZ Privatbank (Schweiz)AG. Going forward, any important details will also be found on Swiss Fund Data: (http://www.swissfunddata.ch/provider/search_de.html?actionDO_OVERVIEW=Search&include_sub_promoters=true&promoter=47973&referrer=%2Fprovider%2Fproviders_de.html%23L). For any further questions please do not hesitate to contact us directly. We will be at your service any time and are looking forward to your call or your e-mail.
Klaus Kämmerer, Tel. +49 6172 6826 515, E-Mail: klaus.kaemmerer@fidecum.com Fidecum AG – fund manufacturers End of financial news 09.06.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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