2020

29.05.2020 – Helvetia Holding AG

Successful launch of the Helvetia (CH) Swiss Property Fund

Press release

Basel, 29 May 2020

Successful launch of the Helvetia (CH) Swiss Property Fund

The initial offering of the Helvetia (CH) Swiss Property Fund met with widespread interest from investors. The issue resulted in capital of CHF 450 million for the fund.

A real estate fund has been issued under Swiss law by Helvetia Asset Management AG for the first time with the Helvetia (CH) Swiss Property Fund. The initial offering on a best-effort basis met with widespread interest. It comprised 4,500,000 shares at an issue price of CHF 102.00 per share. Payment will take place on 3 June 2020.

The issue proceeds will be used to acquire a high-quality and broadly diversified real estate portfolio with 29 properties and a total value of around CHF 532 million from Helvetia Swiss Life Insurance Company Ltd, Basel.

Attractive cash flow return as investment objective

The portfolio will be built up primarily through further portfolio transactions from the insurance portfolio of Helvetia Insurance. Selective purchases can also be made on the market. The investment objective of the Helvetia (CH) Swiss Property Fund is to ensure an attractive long-term cash flow return.

Fund management expertise with strong partners

The fund manager for the Helvetia (CH) Swiss Property Fund will be Helvetia Asset Management AG. Helvetia Insurance will continue to provide property management and fiduciary construction services. Zürcher Kantonalbank will act as the custodian bank. The valuation expert will be Wüest Partner AG. Following the launch of this fund, Bank J. Sarasin Ltd will ensure OTC trading. A listing on SIX Swiss Exchange is planned in three to five years.

Fund information

Name

Helvetia (CH) Swiss Property Fund

Security/ISIN

Security: 51383832/ISIN: CH0513838323

Legal form

Contractual real estate fund under Swiss law

Fund domicile

Switzerland

Investor group

Limited to qualified investors pursuant to article 10 para. 3, 3bis and 3ter CISA

Income use

distributed

Payment

3 June 2020

Fund manager

Helvetia Asset Management AG, Basel

Portfolio management

Helvetia Asset Management AG, Basel

Custodian bank

Zürcher Kantonalbank, Zurich

OTC trading

Bank J. Safra Sarasin AG, Zurich

Audit firm

KPMG AG, Zurich

Valuation expert

Wüest Partner AG, Zurich

The fund agreement can be found at www.swissfunddata.ch or www.helvetia-am.ch.


This press release can also be found online at www.helvetia-am.ch.

For further information please contact:

Analysts

Susanne Tengler

Head of Investor Relations

Phone: +41 58 280 57 79

investor.relations@helvetia.ch

Media

Jonas Grossniklaus

Senior Manager Corporate Communications & PR

Phone: +41 58 280 50 33

media.relations@helvetia.ch

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.

Disclaimer

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.

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