European Convergence Dev Prop Ord

The Company intends to invest in a range of early developments which may comprise any or all of the following sectors in South-East Europe: residential, retail, commercial and industrial property. The principal target countries are Bulgaria, Romania and Turkey. Opportunities in Croatia and Slovakia may also be sought. The Company will primarily seek to invest in early stage developments where it will co-invest with local and international property developers.

Key stats

Management firm  Charlemagne Capital
Domicile  Isle of Man
Fund Administrator  Galileo Fund Services Ltd.
Global Branding Name  Charlemagne Capital
Fund Status  OBSOLETE
Fund currency  EUR
Launch Date  2007-06-21
Obsolete Date  2014-10-10
ISIN  GB00B1BJRB27
SEDOL  B1BJRB2
Manager 1 Name  Team Managed Charlemagne Capital (IOM)
Fund Strategy  Property - Direct Other
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2013-04-30
Return - 1 Month  0.00%
Return - 2 Months  0.00 %
Return - 3 Months  0.00%
Return - 6 Months  0.83 %
Return - 9 months  1.06 %
Return - 12 Months  -0.33%
Annualized return 24 months  -8.96 %
Annualized return 36 months  -22.08 %
Annualized return 48 months  -20.93 %
Annualized return 60 months  -18.35 %
Annualized return since Inception  -16.05%
Return YTD  0.10%

Charges

Maximum Managment Charge  2.00 %
Performance Fee  15.00 %

Contact

Contact name  John Dawe
Contact Address  SW1A 1JD
Contact Address 2  39 St James's Street
Contact city  London
Contact country  United Kingdom
Fund Admin Group  Charlemagne Capital
Web Address  www.charlemagnecapital.com/
Email contact  marketing@charlemagnecapital.com
Phone  + 44 20 7518 2100

Price

Last Price Date  2014-10-09
Pre-tax nav  0.07

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