GANÉ Aktiengesellschaft

  • Land: Deutschland

Nachricht vom 14.12.2018 | 09:30

GANÉ Aktiengesellschaft: ACATIS GANÉ Value Event Fund celebrates 10th anniversary

DGAP-News: GANÉ Aktiengesellschaft / Key word(s): Funds/Funds

14.12.2018 / 09:30
The issuer is solely responsible for the content of this announcement.


Press release

ACATIS GANÉ Value Event Fund celebrates 10th anniversary

- Multiple award-winning combination of value and event strategy has been succeeding in the market for the last ten years

- Since its launch on 15/12/2008, it has generated a return of 150% with volatility of 8%

- The fund has closed each calendar year with positive results; a high volume of reserves allows stable distributions in the coming years

- The fund volume of the asset management mixed fund amounts to EUR 2,496 million (as of 12/12/2018)

Aschaffenburg, 14/12/2018 - The mixed asset management fund from GANÉ Aktiengesellschaft, which was launched in 2008 in collaboration with ACATIS Investment KVG mbH and Universal-Investment-Gesellschaft mbH, is celebrating its 10th anniversary. Since its launch, the ACATIS GANÉ Value Event Fund, conceived by Dr. Uwe Rathausky and J. Henrik Muhle and still advised by them today, has generated a return of 150%, corresponding to an average return of 10% p.a. over the period. The mixed asset management fund showed average volatility of 8% over the entire term. The fund has closed each full calendar year with positive results: 2009 (32%), 2010 (18%), 2011 (2%), 2012 (13%), 2013 (8%), 2014 (7%), 2015 (7%), 2016 (3%) and 2017 (9%). For the year 2018 the return is 1%, while the fund volume amounts to EUR 2,496 million (as of 12/12/2018).

The value and event strategy of the global mixed fund was developed by GANÉ Aktiengesellschaft around the founders Dr. Uwe Rathausky and J. Henrik Muhle. Comprising equities, bonds and liquidity in a variable investment ratio, the fund achieves equity-like returns over the long term with low volatility. This approach has been rewarded with top scores from Morningstar (5 stars), Euro Fondsnote (1) and Scope (A). The fund has been Lipper Leader twice (Total Return, Consistent Return) and has won several awards (e.g. Scope Award and Lipper Fund Awards). It received the "Globe d'argent de la Gestion" award in France for its stability in declining market phases.

On the fund's anniversary, Dr. Uwe Rathausky, managing director and co-founder of GANÉ Aktiengesellschaft, commented: "In a volatile financial market environment which can spring surprises on us at any time, it is essential to find attractive long-term investment targets while at the same time exploiting short-term investment opportunities, as was the case recently with the merger of Linde and Praxair. This combination gives us sufficient flexibility in our investment strategy, while at the same time allowing us to reduce the market price risks in our portfolio."

In the last quarter, thanks to the fund's positive performance, GANÉ Aktiengesellschaft was again able to increase the distribution for tranche C by 14% to EUR 12.50 per unit certificate. This means that, just five years after the launch of tranche C, the current interest return has reached its target distribution of 4%. In the future, too, distributions during the year will not be reduced compared to the previous quarterly payment. It is expected to remain constant or be further increased if the fund maintains its positive price trend. Various sources of income such as dividends, interest and disposal gains on equities and bonds will be used for this purpose.

J. Henrik Muhle, managing director and co-founder of GANÉ Aktiengesellschaft, adds: "We already have a distribution potential of around EUR 107 per unit certificate. Added to this are unrealised proceeds from securities transactions, which currently amount to a further EUR 14 per unit certificate. We have thus created the basis for a success story that allows us to offer our investors a sustainable alternative in a low interest rate environment."

Looking ahead to the coming year, the two managing directors of GANÉ Aktiengesellschaft expect the capital market environment to remain challenging: "Brexit, the formation of the Italian government, the tariff dispute around the US president, the global debt situation and bloated central bank balance sheets will continue to keep us on our toes in 2019, while monetary policy is becoming considerably more restrictive. This calls for prudent action and means we must continually weigh up new opportunities and risks."

Management company ACATIS Investment KVG mbH
Fund management GANÉ Aktiengesellschaft (under the liability umbrella of BN & Partners Capital AG)
Custodian bank Hauck & Aufhäuser Privatbankiers KGaA
Service provider Universal-Investment-Gesellschaft mbH
ISIN Share class A: DE000A0X7541
Share class B: DE000AIC5DI3
Share class C: DE000AIT73W9
Share class D: DE000A2DR2M0
Share class X: DE000A2H7NC9
Share class E: DE000A2JQJ20
Fund volume EUR 2,496 million
Minimum investment Share class A, B, C and X: none
Share class D and E: EUR 50 million
Running costs Share class A: 1.79%
Share class B: 1.40%
Share class C: 1.79%
Share class D: 0.91%
Share class X: 1.50%
Share class E: 1.10%
Subscription fee Share class A and C: up to 5%
Share class B: up to 4%
Share class D, X and E: 0%
Performance fee 20% of the performance exceeding 6% p.a., in the event of a new share value high (share class B, D and E: max. 2% p.a.)
 

Note: The data is for informational purposes only. The data is solely directed at professional clients or suitable counterparties in terms of the Securities Trading Act, and is not intended for retail customers.The published information does not constitute any counseling or advice or a recommendation to subscribe or an offer to buy or sell any securities or other financial products. The content provided serves solely for general information purposes. The sales prospectus, the current financial report and the current half-year report are the sole binding basis for the purchase of fund units. Historical data is no guarantee of future results. You should make a decision about a purchase not before the submission of all documents and information on risks and the prior law, tax and investment advice. All data are subject to change. All information without engagement. The units of this fund that are issued may only be sold or offered for sale in jurisdictions in which such offer or sale is permitted. Therefore the units of this fund may not be offered for sale or sold in the USA, or offered for sale or sold to or for the account of US citizens or US persons resident in the USA. The documents and the information may not be distributed in the USA. The distribution and publication of the documents and the information and the offer or sale of units may also be subject to restrictions in other jurisdictions. GANÉ Aktiengesellschaft accepts no liability for loss or damages of any kind from access to its published information. The notices are governed by the law of the Federal Republic of Germany. Investment advice pursuant to Section 1 (1a) No. 1 a of the German Banking Act ("KWG") and investment brokerage pursuant to Section 1 (1a) No. 1 KWG are provided on behalf of, in the name of and for account of and under the liability of BN & Partners Capital AG, Steinstraße 33, 50374 Erftstadt, pursuant to Section 2 (10) KWG. BN & Partners Capital AG holds a corresponding authorisation from the Federal Financial Supervisory Authority (BaFin) for the aforementioned financial services in accordance with Section 32 KWG.


- END -

You can find detailed information at www.gane.de

   
Contact: Press contact:
GANÉ Aktiengesellschaft
Dr Uwe Rathausky
J. Henrik Muhle
E-mail: kontakt@gane.de
Weißenburger Straße 36
63739 Aschaffenburg
Headquarters: Aschaffenburg
Commercial court: Aschaffenburg HRB 10188
Management: Dr Uwe Rathausky, J. Henrik Muhle
Chairman of the Supervisory Board: Achim Josefy
KERL und CIE
Dirk Ulmer
Email: d.ulmer@kerlundcie.de
Tel.: +49 (0)69 870021 519
Hamburger Allee 45
60486 Frankfurt am Main


14.12.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


show this

GBC-Fokusbox

SBF AG: Die Zeichen für profitables Wachstum stehen auf Grün!

Die SBF AG agiert als Spezialist für Deckensysteme für Schienenfahrzeuge. Die Bahntechnikindustrie gilt als nachhaltiger Wachstumsbereich. Vor dem Hintergrund der starken Positionierung, des eingeschlagenen Wachstumskurses sowie der erwarteten verstärkten Investitionen in den Bahntechniksektor haben wir für die Aktie einen fairen Wert von 3,62 EUR ermittelt. Wir stufen den Titel aufgrund des großen Kurspotenzials mit „Kaufen“ ein.

Aktueller Webcast

Nordex SE

Conference Call 26.03.2019 (Webcast)

26. März 2019

Aktuelle Research-Studie

CR Capital Real Estate AG

Original-Research: CR Capital Real Estate AG (von GBC AG): Vorstandsinterview

25. März 2019