We build business networks and relationships ... - skupina kd group

Challenges in 2008:
114
To consolidate our position as the leading
investment asset management company in
Slovenia;
To supplement our existing range of mutual fund
products and services with various geographic and
sector-oriented investment policies;
To continue the diligent management of the
company’s mutual fund brands and increase
activities to raise the awareness thereof;
To increase activities related to the marketing of
products to acredited investors;
To focus a great deal of attention on aligning
the company’s operations, investment funds and
relationships with investors due to legislative
changes;
Pursuant to the KD Holding Group’s mission,
our primary objective remains the satisfaction of
investors. We will achieve this through efficient
operations, a professionally trained sales network
and, above all, a competitive and high-quality range
of products and services that will be of interest to
existing and new investors.
At the end of 2007, investments in Slovenia
(52 percent), the United Kingdom (10 percent),
Germany (8 percent) and Croatia (8 percent)
represented the largest proportion of the mutual
fund’s assets.
Two factors resulted in an increase in the
proportion of Slovenian securities in 2007: the
above-average returns of securities compared to
other key investment regions (the Slovenian stock
exchange index, the SBI20, rose by 78.1 percent
in 2007), and due to new, favourable purchase
opportunities.
In the autumn, KD Galileo took part in a public
tender of Nova kreditna banka Maribor shares,
acquiring the most shares of any mutual fund.
Due to more favourable conditions on the debt
securities market of the EU15, the proportion of
bonds from Slovenian issuers fell in 2007, while the
proportion of bonds of issuers from the EU15 rose.
Due to positive changes in equity security
prices, the proportion thereof rose in 2007 in
comparison with the proportion of debt securities.
KD Galileo
- a flexible asset structure mutual fund
The KD Galileo flexible investment structure
mutual fund is the oldest mutual fund in Slovenia.
On 1 January 2007, the fund celebrated its 15th
anniversary.
KD Galileo’s investment structure is
continuously adapted to market conditions in
accordance with its flexible asset structure policy.
Data regarding the fund as at 31 December 2007
Unit price (in EUR) 17.20
Net value of the fund (in EUR) 359,004,014.96
Number of units in circulation
20,876,044.40
Number of investors 34,989