On November 10, 2000, Postbank will split its top mutual fund “Postbank Dynamik Global” at a ratio of one to ten. The objective is to offer new investors the opportunity to participate in the success of this mutual fund at an affordable price. All customers who own shares in this mutual fund at the cut-off date will automatically receive ten new shares for one old share. From December 15, 2000 to January 27, 2001, Postbank will be offering the mutual funds with an issuing premium, which has been reduced by one percentage point.

The mutual fund, managed by Deutsche Postbank Asset Management S.A., Luxembourg, invested in first-class international shares, incorporating promising minor stocks. “Postbank Dynamik Global” is the top performer among the Postbank mutual funds. Since this fund was launched in May 1995, growth has been a remarkable 377 percent, which corresponds to 33 percent per year. To date, this outstanding success has – on numerous occasions – been numerously acknowledged by in-ternational ranking institutes. Recently, “Postbank Dyna-mik Global” received for the second year running the Offshore Award as the best mutual fund within the context of a three-year comparison in the “International shares” category.

Note:
From November 13, the Postbank Dynamik Global redemption price will also be reduced at a ratio of one to ten (example: previous redemption price: Euro 242.71; new redemption price: Euro 24.27).

 


An overview of Postbank Dynamik Global:

 

Fund launch	May 22, 1995
Share split Nov. 10, 2000	Ratio of 1 to 10
Min. investment	Euro 2,500/DM 5,000
Investment currency	Euro
Investment segment	International shares
Type of mutual fund	Accumulative
Costs	From December 15, 2000 until January 27, 2001 2.75 percent issuing premium, thereafter 3.75 percent issuing premium 0.2 percent account management fee (min. Euro 10/max. Euro 60) 1.1 percent p.a. management fee 0.2 percent p.a. fees
Security number	974 183
Recommended investment term	Minimum 5 years
Savings plan	From Euro 50/DM 100 per month