euro adhoc: LLOYD FONDS AG / Strategic management decisions / Worlds first open-end ship fund now ready for retailing - Lloyd Fonds AG adding ship asset management to its business model
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
12.12.2006
Lloyd Fonds AG, one of the leading arrangers of closed-end funds, is the investment advisor for the worlds first open-end ship fund. In this way, the Company is entering a new area of business. The fund is being established by a bank as a SICAV in accordance with Luxembourg law with a daily right of redemption. It will indirectly acquire, operate and sell merchant ships, which will be managed by Lloyd Fonds AG.
end of announcement euro adhoc 12.12.2006 19:28:51 --------------------------------------------------------------------------------
ots Originaltext: Lloyd Fonds AG Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note: Götz Schlegtendal +49 (0)40 325678-148 schlegtendal@lloydfonds.de
Branche: Economy, Business & Finance ISIN: DE0006174873 WKN: 617487 Index: CDAX Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard Hamburger Wertpapierbörse / free trade