Ress Life Investments A/S Announces Net Asset Value (NAV)
Based in Copenhagen, Ress Life Investments has made significant strides in the investment sector. They have recently shared an important update regarding their Net Asset Value (NAV) per share.
Latest NAV Figures
As of mid-August, the reported NAV per share is 2513.40 USD and 2282.63 EUR.
Performance Overview
During the first half of August, the company experienced a slight decline of -0.02% in USD. Nevertheless, they have recorded a promising year-to-date performance of 3.13% in USD.
Insights into Asset Management
The total assets under management (AUM) have reached a noteworthy 338.8 million USD.
Exchange Rate Considerations
It's essential to understand how the NAV per share in EUR, which is 2282.63, is calculated. This figure is obtained by dividing the USD NAV by the EUR/USD exchange rate noted in mid-August, which was 1.1011.
Understanding Current EUR NAV Calculation
The process for calculating the current EUR NAV is quite simple. Investors can determine the present value by dividing the latest USD NAV by the current EUR/USD exchange rate.
Contact Information for Inquiries
If you have any questions regarding this announcement, you are encouraged to contact Resscapital AB, the company’s AIF-manager.
Contact Person Details
The main contact for inquiries is Gustaf Hagerud. You can reach him via email at gustaf.hagerud@resscapital.com or by phone at +46 8 545 282 27.
Important Regulatory Notes
Investors should be aware of the terms related to share subscriptions, including minimum subscription amounts and redemption processes. This information is detailed in the Articles of Association, the Information Brochure, and the Key Information Document, which can be accessed on 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.