The fund’s objective is to have a global sector focus on real estate. It will be invested in equities and equity related transferable securities with exposure to real estate companies globally, geographically restricted to developed and emerging markets as defined by MSCI. The Sub-Fund may invest in real estate operating companies, exchange traded REITs and real estate developers. REITs are companies, the shares of which are listed on a stock exchange, which invest a significant portion of their assets directly in real estate and which profit from a special and favorable tax regime. Any REITs held by the Sub-Fund will qualify as 'transferable securities' in accordance with the Luxembourg Grand-Ducal Regulations of 8 February 2008.
Key stats
|
Management firm |
Carnegie Fonder AB |
|
Fund Status |
OBSOLETE |
|
Fund currency |
SEK |
|
Net Assets Date |
2011-09-30 |
|
Net Assets |
k84,903,564 |
|
Launch Date |
2010-12-06 |
|
Obsolete Date |
2011-10-31 |
|
ISIN |
LU0518431423 |
|
Manager 1 Name |
Olof Nyström |
|
Manager 2 Name |
Peter Almström |
|
Fund Strategy |
Property - Indirect Global |
|
Benchmark |
N/A |
|
Fund Structure |
SICAV |
|
UCITS 3 compliant |
yes |
Performance/Volatility
|
Return Date |
2011-07-31 |
|
Return - 1 Month |
2.44% |
|
Return - 2 Months |
0.84 % |
|
Return - 3 Months |
4.21% |
|
Return - 6 Months |
5.54 % |
|
Return - 9 months |
0.00 % |
|
Return - 12 Months |
0.00% |
|
Annualized return 24 months |
0.00 % |
|
Annualized return 36 months |
0.00 % |
|
Annualized return 48 months |
0.00 % |
|
Annualized return 60 months |
0.00 % |
|
Return 120 months |
0.00 % |
|
Annualized return since Inception |
-0.22% |
|
Return YTD |
-1.98% |
Charges
|
Initial |
3.00 % |
|
Maximum Managment Charge |
0.75 % |
|
Exit charge |
2.00 % |
|
Performance Fee |
15.00 % |
Contact
|
Contact Address |
Mäster Samuelsgatan 20 |
|
Contact city |
Stockholm |
|
Contact country |
Sweden |
|
Fund Admin Group |
Carnegie Fonder AB |
|
Web Address |
www.carnegie.se/fonder |
|
Phone |
+46 (0)8 696 17 00 |
Price
|
Last Price Date |
2011-08-08 |
|
Pre-tax nav |
90.89 |
|
Pre-tax offer |
0.00 |
|
Pre-tax bid |
0.00 |
|
Pre-tax mid |
0.00 |
|
Post-tax nav |
0.00 |
|
Post-tax offer |
0.00 |
|
Post-tax bid |
0.00 |
|
Price change |
k-4.51 |
|
Price change (percentage) |
-4.73 % |
|
Guaranteed NAV |
0.00000 |
|
Close Price |
0.00 |
Funds Disclaimer
© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
Ratings Disclaimer
© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
