Following the change of the investment concept of the GANÉ Global Balanced Fund from a defensive balanced fund to an offensive balanced fund, which fund management company GANÉ had initiated on 23 February 2024, the German Federal Financial Supervisory Authority (BaFin) has since approved the renaming of the fund. From 2 April 2024, the GANÉ Global Balanced Fund will bear the name “GANÉ Value Event Fund”. The fund was originally launched in December 2023 under the umbrella of GANÉ Investment-AG with sub-funds.
Dr Uwe Rathausky, CEO of GANÉ Aktiengesellschaft and GANÉ Investment-AG with sub-funds: “We are very grateful to external asset management company Universal-Investment and to BaFin for handling and approving the name change so quickly. With this step, we are expressing our in-house value event approach and thus our proven investment methodology, which our investors have already appreciated for more than 15 years, in the fund name.”
In addition to the existing share classes A, B, C and D, further unit classes will be available from 2 April 2024.
