Schroder Investment Management (Switzerland) AG is today able to announce the successful conclusion of the capital increase for the Schroder ImmoPLUS fund. Investors subscribed to new units with a total value of CHF 129.6 million. The capital increase was carried out on a best effort basis within the framework of a public rights issue. At the same time the units were split in a ratio of 1:8, with the intention of making the units easier to trade. As a result, one unit before the split entitled the holder to subscribe for one new unit at the subscription / issue price of CHF 135.
In total, all 959,899 new units were subscribed to. 99.8% of the rights were exercised and existing investors subscribed the remaining units. Following the capital increase, a total of 8,639,091 units are now in circulation.
The settlement date and the first trading day for the new units will take place on 19 February 2018.
The issue proceeds will be used for fund consolidation and to finance the future growth plans of this quality-oriented real estate portfolio.
Key data of the capital increase
| Number of new units | 959‘899 |
| Subscription / issue price | CHF 135 net per unit |
| Issue volume | CHF 129,586,365 |
| Swiss securities no. / ISIN | 39 571 886 / CH0395718866 |
| Settlement date | 19 February 2018 |
| Distribution entitlement | The new units are fully entitled to receive distributions in financial year 2017/2018. |
Schroder Real Estate
As a global, active asset manager, Schroders has managed a wide range of pan-European real estate products since 1971 and currently manages real estate assets (AuM) of around CHF 16 billion. More than 100 employees in six locations in Europe invest directly and indirectly and offer regionally and sectorally diversified funds with different risk-return profiles. In Switzerland, Schroders manages assets totalling over CHF 2 billion with its "Schroder ImmoPLUS" fund and the investment group of the Zurich Investment Foundation "Immobilien Europa Direkt" (Source: Schroders as at 30.09.2017).
Further Information:
Roger Hennig, Head Real Estate Switzerland / +41 (0) 44 250 12 91
Fabienne Tresch, Senior Marketing Specialist / +41 (0) 44 250 12 30
This document does not constitute an offer to anyone, or a solicitation by anyone, to subscribe for shares of Schroder ImmoPLUS (the “Fund”) that is managed by Schroder Investment Management (Switzerland) AG (the “Fund Manager”). Subscriptions for shares of a managed investment fund could only be made on the basis of the latest prospectus and the latest audited annual report (and the subsequent unaudited semi-annual report, if published). The risks connected with an investment are described in detail in the fund contract and the prospectus. The fund contract, the prospectus and the simplified prospectus (if applicable) as well as the annual and semi-annual report year may be ordered free of charge from Schroder Investment Management (Switzerland) AG, Central 2, CH-8001 Zurich.
All statements, opinions and views contained in this document relating to future events or the possible future performance of any managed investment fund merely represent the Fund Manager’s own assessment and interpretation of information that was available to him at the relevant time. No representation is made or assurance is given that such statements, opinions and views are correct, or that the underlying information is accurate. Statements regarding the past performance may not be understood as indication of the future performance. A good past performance may possibly not be repeated in the future. The performance shown does not take account of any commissions and costs charged when subscribing and redeeming units. Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get the amount originally invested.
The Fund managed by the Fund Manager may be offered or distributed in or from Switzerland only by licensed distributors. The Fund managed by the Fund Manager is not registered under the US Securities Act of 1933. Shares may not, directly or indirectly, be offered, sold or transferred in the United States or outside of the Unites States to US nationals.
Further information about Schroders can be found under www.schroders.ch
This document is issued by Schroder Investment Management (Switzerland) AG, Central 2, CH-8001 Zurich, Switzerland, which is regulated by FINMA.
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Ce document exprime les opinions du gérant ou de l'équipe citée et ne représente pas nécessairement les opinions formulées ou reflétées dans d’autres supports de communication, présentations de stratégies ou de fonds de Schroders.
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Les performances passées ne sont pas un indicateur fiable des performances futures. Les cours des actions ainsi que le revenu qui en découle peuvent évoluer à la baisse comme à la hausse et les investisseurs peuvent ne pas récupérer le montant qu’ils ont investi.
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Elles sont soumises à un degré élevé d'incertitude concernant l'évolution de certains facteurs économiques et de marché susceptibles d'affecter la performance future réelle. Les prévisions sont fournies à titre d'information à la date d'aujourd'hui. Nos hypothèses peuvent changer sensiblement au gré de l'évolution possible des hypothèses sous-jacentes notamment, entre autres, l'évolution des conditions économiques et de marché. Nous ne sommes tenus à l'obligation de vous communiquer des mises à jour ou des modifications de ces prévisions au fur et à mesure de l'évolution des conditions économiques, des marchés, de nos modèles ou d'autres facteurs.
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