The three years ago by Swiss Canto and the Swiss Red Cross (SRC) launched a charity fund can look back on a successful year. How Swisscanto telling, the Swiss Red Cross Swiss Canto Charity Fund of the SRC at the end of his third year approximately 830,000 CHF transferred as a donation.
When Swisscanto Swiss Red Cross Charity Fund (Valor 3087851) give investors and the fund company to half of their income, which the Swiss Red Cross will be credited as a donation. Because of the worldwide record-low interest rates, the total dividend per share fell - the Fund is designed as an investment stock corporation with variable capital SICAV - over the previous year of CHF 2.80 to CHF 2.40. This results in a distribution halves resulted in the SRC of CHF 610,000 (previous year 645,000). Then there were CHF 220,000 (previous year 200,000) from the middle of the Administrative Commission.
The Swisscanto Swiss Red Cross Charity Fund was created in 2007 by his own admission instrument of philanthropic investment and innovative funding for humanitarian programs of the SRC at home and abroad. The fund was once the first ended investment fund under Swiss law. Since the launch of the fund are the SRC from a total of CHF 2.4 million accrued as a donation. This generosity is especially important in uncertain times, the institutional investors have become more cautious and in the support for vulnerable people will require additional resources.
Source: Swisscanto
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