29 April 2009, Stockholm, Sverige
Catella Reavinstfond is assigned an A fund management rating by Standard & Poor's Fund Services
Standard & Poor's Fund Services, one of the world's leading providers of qualitative, forward-looking fund management ratings , has evaluated Catella's Reavinstfonden and assigned it an A fund management rating. This means that the fund shows high quality based on its investment process and the fund managers' results over time, compared with funds of a similar character.
Standard & Poor's evaluation process is based on quantitative evaluation followed by a qualitative analysis. Approximately 80 percent of all funds do not qualify in the quantitative analysis. Only the remaining 20 percent qualify for further evaluation.
Despite disappointing earnings from management in 2008, the fund has posted a stable return above index over several years, including last year. These merits were generated by a knowledgeable and well-respected team, resulting in S&P Fund Services' assigning the Catella Reavinstfond an A fund management rating.
"S&P Fund Services' rating process comprises onsite interviews by two fund analysts with the fund management team. It is highly pleasing to have satisfied the requirements of such a renowned evaluation process. We have proven that our management style and the fund's investment philosophy and process are of high quality," says Mikael Hanell, fund manager for the Catella Reavinstfond.
Catella Reavinstfond in brief: This is an actively managed equity find that primarily invests in Swedish large and mid-cap companies. The goal is to achieve an annual return that is significantly better than SIXRX.SE. This year's return: 22.2 percent (SIXRX.SE: 17.6).
For further information:
Stefhan Klang
MD Catella Fondförvaltning AB
E-mail: stefhan.klang@catella.se
Tel.: +46 8 614 25 00, Mobile: 0705-525207
http://www.catellafonder.se/
Kontakt S&P's: Esther Gonzalez Tel: +44(0) 207 176 7430
E-mail: esther_gonzalez@standardandpoors.com
Catella Kapitalförvaltning AB is Nordic asset manager with SEK 20 billion AUM. The company provides asset management for institutions, high net worth individuals and retail. Catella Kapitalförvaltning AB is part of Catella Group, which is a independent European finance group specializing in Financial Advisory Services, Asset Managment and Proprietary Investments. Catella was founded 1987 and have today 435 employees in sixteen European countries.