Statement of changes in net assets

for the year ended December 31, 2016

Download XLS

(amounts in EUR)

Notes

December 31, 2016

December 31, 2015

December 31, 2014

 

 

 

 

 

Operations

 

 

 

 

Net operating income

 

1,349,772

774,287

1,633,194

Realised loss on investments

 

(544,265)

(1,882,442)

Realised gain on foreign exchange

 

1

107

Realised loss on foreign exchange

 

(6)

(70)

Change in unrealised appreciation on investments

 

1,996,527

2,449,976

Change in unrealised depreciation on investments

 

250,455

 

 

 

 

 

 

 

 

 

 

Net increase in net assets resulting from operations

 

1,055,957

2,770,851

2,200,728

 

 

 

 

 

Capital Transactions

 

 

 

 

 

 

 

 

 

Capital subscriptions

 

 

 

 

R Share Class

 

2,952,222

1,852,699

2,018,050

I Share Class

 

12,417,200

4,424,813

3,632,523

Z Share Class

 

5,763,336

4,732,429

18,853,782

 

 

 

 

 

 

 

 

 

 

Total subscriptions

 

21,132,758

11,009,941

24,504,355

 

 

 

 

 

Capital redemptions

 

 

 

 

R Share Class

 

(202,795)

(346,870)

(17,027,758)

I Share Class

 

(30,672)

(5,712,953)

(21,687)

Z Share Class

 

(13,159,332)

(5,598,764)

(5,702,949)

 

 

 

 

 

 

 

 

 

 

Total redemptions

 

(13,392,799)

(11,658,587)

(22,752,394)

 

 

 

 

 

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

 

7,739,959

(648,646)

1,751,961

 

 

 

 

 

Net assets

 

 

 

 

Net assets at the beginning of the year

 

64,094,871

61,972,666

58,019,977

Total increase in net assets

 

8,795,916

2,122,205

3,952,689

 

 

 

 

 

 

 

 

 

 

Net assets at the end of the year

 

72,890,787

64,094,871

61,972,666

 

 

 

 

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