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

second half of the year, prices began falling on
Balkan markets, driven to a great extent by the
worsening political situation in that area of South
Eastern Europe, resulting in a decrease in inflows of
investors’ assets towards the end of the year.
Data regarding the fund as at 31 December 2007
Unit price (in EUR) 7.70
Net value of the fund (in EUR) 76,293,062.22
Number of units in circulation 9,902,223.13
Number of investors 10,408
KD Novi trgi
- an equity mutual fund
The capital markets of Russia, China, Hong Kong
and Brazil dominated the geographic investment structure
of the KD Novi trgi equity mutual fund in 2007.
The fund increased investments in the securities
of Russian and Chinese companies in the second
half of 2007. By the end of the year, this decision
proved to be correct.
A significant amount of assets were invested
in emerging global markets in 2007. In the largest
developing countries, earnings growth continued,
while the standard of living and internal purchasing
power rose, making investments in these countries
even more attractive. Expectations and forecasts
for future years regarding the continued economic
growth and development of these countries remain
positive, indicating great hidden potential.
KD Severna Amerika
- an equity mutual fund
KD Severna Amerika is an equity mutual fund
with a regionally-oriented investment policy. Its
objective is to achieve long-term returns on assets
invested in US, Canadian and Mexican companies.
At the end of 2007, 72 percent of the fund’s
assets were invested in shares, 17 percent in other
funds and 11 percent in liquid forms of deposits.
In terms of geographical structure, investments
in the securities of US-based companies were
predominant, with investments in the shares of
Mexican and Canadian companies representing a
smaller proportion.
The value of the US dollar fell 10.5 percent
versus the euro in 2007, as reflected in the fund’s
returns. Most of the fund’s investments in securities
are denominated in dollars, while its unit price is
calculated in euros.
Data regarding the fund as at 31 December 2007
Unit price (in EUR) 3.65
Net value of the fund (in EUR) 980,705.08
Number of units in circulation 269,019.65
Number of investors 194
117
Data regarding the fund as at 31 December 2007
Unit price (in EUR) 5.97
Net value of the fund (in EUR) 21,798,900.44
Number of units in circulation 3,651,527.34
Number of investors 3,813