Statement of changes in net assets

for the year ended December 31, 2014

Download XLS

(amounts in EUR)

Notes

December 31, 2014

December 31, 2013

December 31, 2012

 

 

 

 

 

Operations

 

 

 

 

Net operating income

 

1,633,194

2,861,272

1,311,439

Realised gain on investments

 

42,152

Realised loss on investments

 

(1,882,442)

(1,329,074)

Change in unrealised appreciation on investments

2,449,976

Change in unrealised depreciation on investments

(4,790,847)

(3,318,473)

 

 

 

 

 

 

 

 

 

 

Net increase/(decrease) in net assets resulting from operations

2,200,728

(3,258,649)

(1,964,882)

 

 

 

 

 

Capital Transactions

 

 

 

 

 

 

 

 

 

Capital subscriptions

 

 

 

 

R Share Class

 

2,018,050

8,640,939

22,181,739

I Share Class

 

3,632,523

501,838

1,042,077

P Share Class

 

Z Share Class

 

18,853,782

31,370,298

 

 

 

 

 

 

 

 

 

 

Total subscriptions

 

24,504,355

40,513,075

23,223,816

 

 

 

 

 

Capital redemptions

 

 

 

 

R Share Class

 

(17,027,758)

(44,916,945)

(5,368,555)

I Share Class

 

(21,687)

(5,138)

(15,264)

P Share Class

 

Z Share Class

 

(5,702,949)

(1,518)

 

 

 

 

 

 

 

 

 

 

Total redemptions

 

(22,752,394)

(44,923,601)

(5,383,819)

 

 

 

 

 

Net increase/(decrease) in net assets resulting from capital transactions

1,751,961

(4,410,526)

17,839,997

 

 

 

 

 

Net assets

 

 

 

 

Net assets at the beginning of the year

 

58,019,977

65,689,152

49,814,037

Total increase/(decrease) in net assets

 

3,952,689

(7,669,175)

15,875,115

 

 

 

 

 

 

 

 

 

 

Net assets at the end of the year

 

61,972,666

58,019,977

65,689,152

 

 

 

 

 

The (PDF:) accompanying notes form an integral part of these financial statements.

Create your own report

Chart Generator – Create your own charts (teaser)

Chart Generator

Easily digested facts and figures,
for you to create and download.

Create your own charts