Owing to the currently challenging investment environment, Helvetia Asset Management AG is postponing the launch of the subscription period for the first issue of the Helvetia (CH) Swiss Property Fund, originally scheduled for today. The new launch schedule will be communicated at the end of April 2020.
Helvetia Asset Management AG is postponing the subscription period for the first issue of the Helvetia (CH) Swiss Property Fund. As communicated in the media release of 9 March 2020, the subscription period should have started today. The reason for the postponement is the currently challenging investment environment due to COVID-19. As a result of this postponement, the launch of the real estate fund – originally scheduled for mid-April – will also take place at a later date. The Helvetia (CH) Swiss Property Fund will invest directly in real estate assets in Switzerland, mainly in large and mid-sized towns and cities and their conurbations. Investment will focus on residential properties, supplemented by commercial and mixed-use properties.
Helvetia Asset Management AG will inform about the new schedule for launching the Helvetia (CH) Swiss Property Funds at the End of April 2020.
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About Helvetia Asset Management AG
Helvetia Asset Management AG is regulated by the Swiss Financial Market Supervisory Authority, FINMA, and provides fund management and asset management services. It offers collective investment schemes and is an independent fund manager operating in the interests of its investors.
Helvetia Asset Management AG has its registered office in Basel, Switzerland, and is a wholly owned subsidiary of Helvetia Holding AG, St. Gallen, Switzerland.
The real estate fund referred to in this media release is exclusively for qualified investors within the meaning of Article 10(3) 3bis to 3ter of the Swiss Act on Collective Investment Schemes (CISA). The information on the real estate fund is intended exclusively as information and does not constitute legal, tax or financial advice, nor is it an offer or a recommendation to buy or sell investment instruments or other financial services or a solicitation or invitation to submit an offer. The sole binding basis for the purchase of or subscription to fund units is the fund agreement, including the appendix, and the latest annual report. These documents can be obtained free of charge from the fund manager, Helvetia Asset Management AG, Steinengraben 41, 4002 Basel, Switzerland, the distributor, Zürcher Kantonalbank, Bahnhofstrasse 9, 8001 Zurich, Switzerland, or the custodian bank, Zürcher Kantonalbank, Bahnhofstrasse 9, 8001 Zurich, Switzerland.