Helvetica reduces management fee for all Helvetica funds

Helvetica Property / Key word(s): Funds/Real Estate Helvetica reduces management fee for all Helvetica funds 22-Apr-2024 / 06:30 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to Art. 53 KR, 22 April 2024  Press release (PDF)

Zurich, 22. April 2024 – Helvetica announces a significant change to the fee structure and reduces the management fee in all three Helvetica funds with retroactive effect from 1 January 2024.

• Helvetica Swiss Commercial Fund (HSC Fund): From previously 0.70 per cent to 0.60 per cent for 2024 and 0.65 per cent thereafter
• Helvetica Swiss Opportunity Fund (HSO Fund): From 0.70 per cent to 0.65 per cent
• Helvetica Swiss Living Fund (HSL Fund): From 0.70 per cent to 0.45 per cent

Helvetica's management team has worked intensively on the strategic orientation of the HSC Fund, the HSO Fund and the HSL Fund. Based on in-depth analyses of market conditions and a benchmarking comparison with peers, the management tean has decided to significantly change the fee structure in all funds.

The reduction in all management fees from the previous 0.70 percent will take retroactive effect from 1 January 2024.

The management fee in the HSC Fund will be reduced to 0.60 per cent for 2024 and to 0.65 per cent from 2025. In the HSO Fund, the management fee will be reduced to 0.65 per cent directly from 2024. In the HSL Fund, the management fee will be significantly reduced by 25 basis points to 0.45 per cent from 2024. This measure is intended to ensure the HSL Fund’s position in the market and enhance its value proposition.