Ress Life Investments A/S Announces Latest NAV Update
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Ress Life Investments A/S Publishes Net Asset Value (NAV)
Ress Life Investments is based in Copenhagen and is known for its impactful contributions in the investment sector. They recently released a key announcement concerning their Net Asset Value (NAV) per share.
Recent NAV Figures
As of a date in mid-August, the NAV per share has been reported. In USD, it stands at 2513.40, while in EUR, it has been noted at 2282.63.
Performance Overview
In examining performance during the first half of August, a slight decrease of -0.02% was observed in USD. However, the company achieved an encouraging year-to-date performance of 3.13% in USD.
Asset Management Insights
The total assets under management (AUM) have reached a notable figure of 338.8 million USD.
Exchange Rate Considerations
It is important to note how the NAV per share in EUR, calculated at 2282.63, is determined. This figure is derived from the USD NAV divided by the EUR/USD exchange rate as noted on mid-August. The exchange rate used was 1.1011.
Calculating Present EUR NAV
The methodology behind deriving the current EUR NAV is straightforward. By dividing the most recent USD NAV by the ongoing EUR/USD exchange rate, investors can ascertain the present value effectively.
Inquiries and Contact Information
For further questions regarding this announcement, interested parties are encouraged to reach out to Resscapital AB, the company's AIF-manager.
Contact Person Details
The primary contact for inquiries is Gustaf Hagerud. You can reach out via email at gustaf.hagerud@resscapital.com or by telephone at +46 8 545 282 27.
Regulatory Notes
It's crucial for investors to be aware of the terms surrounding the subscription of shares, including the minimum subscription amounts and redemption processes. This information can be found in the Articles of Association, the Information Brochure, and the Key Information Document available through the official website.
Frequently Asked Questions
What is the latest NAV reported by Ress Life Investments A/S?
The latest NAV per share reported stands at 2513.40 USD and 2282.63 EUR.
How did Ress Life Investments perform in August?
In the first half of August, the performance was -0.02% in USD, with a year-to-date performance of 3.13%.
What is the total assets under management for Ress Life Investments?
The total assets under management (AUM) currently amount to 338.8 million USD.
How is the EUR NAV calculated?
The EUR NAV is calculated by dividing the USD NAV by the prevailing EUR/USD exchange rate.
Who can I contact for more information regarding this announcement?
Gustaf Hagerud at Resscapital AB can be contacted for inquiries at gustaf.hagerud@resscapital.com or by calling +46 8 545 282 27.
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