Paerel Alternative IC

The fund’s objective is to realize long-term compounded returns in excess of those available through conventional investments in public markets by making investments in Underlying Funds. The Underlying Funds may be long only security funds, hedge funds, private equity funds, real estate funds, commodity related funds and money market funds as described hereafter. Paerel Alternative Fund invests in all type of investment funds and entities (the Underlying Funds or individually the Underlying Fund).
The portfolio of the Underlying Funds are mainly invested in long-only funds investing in stocks, bonds and structured financial instruments, hedge funds including those which have long and short positions in securities, private equity funds, real estate funds, commodity related funds and money market funds.

Key stats

Management firm  Paerel Vermogensbeheer B.V.
Domicile  Luxembourg
Fund Administrator  BGL S.A.
Global Branding Name  Paerel
Fund Status  OBSOLETE
Fund currency  EUR
Launch Date  2005-05-31
Obsolete Date  2011-12-12
ISIN  LU0334217709
Manager 1 Name  Management Team
Fund Strategy  Alt - Fund of Funds - Multistrategy
Benchmark  Euribor 3 Month EUR
Fund Structure  SICAV
UCITS 3 compliant  no

Performance/Volatility

Return Date  2011-10-31
Return - 1 Month  1.01%
Return - 2 Months  -1.36 %
Return - 3 Months  -4.39%
Return - 6 Months  -7.85 %
Return - 9 months  -8.65 %
Return - 12 Months  -8.79%
Annualized return 24 months  -1.64 %
Annualized return 36 months  -0.28 %
Annualized return 48 months  -5.97 %
Annualized return 60 months  -2.19 %
Return 120 months  0.00 %
Annualized return since Inception  0.13%
Return YTD  -9.17%

Ratings

Morning Star Rating Date   2010-09-30
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - Overall  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating

Charges

Initial  0.00 %
Minimum Investment  €1
Maximum Managment Charge  1.00 %
Exit charge  4.00 %
Performance Fee  10.00 %

Contact

Contact Address  Herengracht 199-201,
Contact city  Amsterdam
Contact country  Netherlands
Fund Admin Group  Paerel Vermogensbeheer B.V.
Web Address  www.paerel.nl
Custodian  Banque Générale du Luxembourg SA

Price

Last Price Date  2011-10-28
Pre-tax nav  70.11
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  €0.58
Price change (percentage)  0.83 %
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.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

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.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

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