New mutual fund offers above-average success prospects / special conditions for investment over DM 10,000 until March 10
“Postbank Global Player” is the new equity fund focusing on the “best of the best” in international markets. The mutual fund, managed by Deutsche Postbank Privat Investment, invests in the market leaders within the new markets of the new millennium. The “biggest of the big” and “bluest of the blue”: global corporations from the telecommunications industry are as much the focus of this equity fund as pharmaceutical companies, biotechnology enterprises, food manufacturers and financial services providers. The global players will assume a leading position within the global economy currently experiencing such rapid change. They will defend their leading position and further expand on it. And investors can profit from above-average returns with this new Postbank fund.
Nokia, Microsoft, McDonald’s, Novartis and Allianz are just a few of the top companies this fund invests in. As a result of their excellent market position, these companies offer a decisive competitive edge. They have developed superlatively in the past and offer great potential in the future as well. Merger and acquisition activities are supporting this development with an estimated volume of US$ 1 trillion in Europe in 2000 alone.
Customers are able to purchase shares at the issue price of Euro 50 per share until March 10, 2000. Following this date, shares can be purchased at the price valid on the day. There is a special issuing premium up to March 10, 2000 for investments in excess of DM 10,000/Euro 5,000: the issuing premium is then only three percent in place of the normal four. The minimum investment is Euro 2,500 or DM 5,000. Postbank recommends a minimum investment term of five years. Partial sales and additional purchases can be carried out at the current share price at any time.
Postbank Global Player is the 21st fund that the subsidiaries, Deutsche Postbank Privat Investment Kapitalanlagegesellschaft mbH, Bonn, and Deutsche Postbank International S.A., Luxembourg, have offered to date. Overall, they manage a total of over 310,000 portfolios with a total volume of DM 5.7 billion/Euro 2.9 billion for their customers. With domestic and international pension and equity funds, mixed and money market funds as well as a series of speciality funds, they offer interesting alternatives to money investments for many different types of investors.
An overview of Postbank Global Player:
I
| Issue period |
January 24 to March 10, 2000 |
| Fund launch |
March 17, 2000 |
| Initial issue price |
50 Euro |
| Minimum investment |
Euro 2,500/DM 5,000 |
| Fund currency |
Euro |
| Fund type |
Dividend carrying |
| Costs |
- 3 percent issuing premium from
DM 10,000/Euro 5,000 and until
March 10,2000
4 percent issuing premium below
DM 10,000/ Euro 5,000 and after
March 10, 2000
- 1 percent p.a. management fee
- 0.05 percent portfolio management
fee
|
| Security number |
979 775 |
Recommended investment
term |
Min. 5 years |