Tekstgrootte: A A A

FAQs

Q: What is unique about the Comtessa Emerging Markets Fund?
Q: What exactly will happen to my money?
Q: Is the fund regulated by the Netherlands Authority for the Financial Markets (AFM)?
Q: Is it possible to participate indirectly, via my bank or investment manager?
Q: Am I exposed to exchange-rate risks?


Q: What is unique about the Comtessa Emerging Markets Fund?
Most emerging market investment funds concentrate on the top seven emerging markets from the MSCI Emerging Markets Index, namely the 'BRIC' countries: Brazil, Russia, India and China extended with South Korea, Taiwan and South Africa (these seven countries comprises almost 75% of the MSCI Emerging Markets Index). They do this despite the fact that any number of other countries in the Index (25 in total) and especially outside it offer impressive growth and/or growth potential. This means that the spread within the 'mainstream' emerging market investment funds is minimal, and these funds moreover do not benefit at all from the 'new' emerging markets.

Our starting point is that fund managers must actively go in search of new growth countries, and must not limit themselves to the countries in the MSCI Emerging Markets Index.

back to top


Q: What exactly will happen to my money?
You deposit your investment in a bank account held by the independent Custodian, which is held at Theodoor Gilissen Bankiers (Net investments exceeds € 12 billion). In exchange you will receive Comtessa Emerging Markets Fund units based on the Net Asset Value. Only the independent Custodian of the Fund has access to this account. The Manager and the relevant investment specialists do not have any access to your investment at any time, besides for equity transactions (which are monitored by the independent Custodian to the investment conditions described in the prospectus).

back to top


Q: Is the fund regulated by the Netherlands Authority for the Financial Markets (AFM)?
The minimum investment is € 60,000,-. The exemption as set out in Section 4, subsection 1(a) of the Financial Supervision Act exemption scheme (Vrijstellingsregeling Wft) of 23 November 2006 (Netherlands Government Gazette 229) is applicable. Comtessa Funds (the manager of the Comtessa Emerging Markets Fund) consequently does not have a licence as referred to in Section 2:65 of the Financial Supervision Act (Wft) and is not regulated by the Netherlands Authority for the Financial Markets. Comtessa Funds however acts in accordance with the statutory requirements. A Prospectus has been compiled for the activities of the Comtessa Emerging Markets Fund which meet all statutory requirements as set out in the Dutch Financial Supervision Act (Wft).

back to top


Q: Is it possible to participate indirectly, via my bank or investment manager?
You can invest directly in the Comtessa Emerging Markets Fund, but this is not compulsory; you can also invest in the Fund via your bank or investment manager. However, investors who participate via a bank or investment manager, still needs to invest at least € 60,000,-.

back to top


Q: Am I exposed to exchange-rate risks?
In principle, the Fund does not directly hedge currency positions. Investments denominated in currencies other than the euro can therefore be subject to both positive and negative fluctuations. This risk, as well as general price risks, can be actively reduced via hedge constructions, if market conditions create a need for this.

back to top

Price/performance

Emerging Markets Fund