New resources for the HSO Fund
The Helvetica Swiss Opportunity Fund has raised almost CHF 40 million in its capital increase. The issue was significantly oversubscribed, the fund management says.
As part of the capital increase for the Helvetica Swiss Opportunity Fund (HSO Fund), 312,500 new fund units were issued at a price of CHF 126.91 net each. The fund has thus raised CHF 39.7 million and there are now 1.56 million fund units in circulation.
According to Salman Baday, Head Sales & Marketing, the capital increase was significantly oversubscribed due to high investor demand. The fund's portfolio will now be expanded "carefully and selectively". (ah)
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