on Helvetica Property (isin : CH0434725054)
Helvetica Property Announces Reduction in Management Fees Across All Funds
Zurich, 22 April 2024 – Helvetica Property Investors AG has announced a reduction in management fees for its three primary funds effective retroactively from 1 January 2024. The Helvetica Swiss Commercial Fund (HSC Fund) will see fees reduced from 0.70% to 0.60% for 2024 and 0.65% thereafter. The Helvetica Swiss Opportunity Fund (HSO Fund) and the Helvetica Swiss Living Fund (HSL Fund) will adjust their fees to 0.65% and 0.45% respectively from the previous rate of 0.70%.
The decision follows comprehensive market condition analyses and a competitive benchmarking review. CEO Marc Giraudon commented that this strategic move underscores the firm's dedication to serving investor interests and boosting the competitiveness of the funds in the long-term financial market.
R. P.
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