GANÉ Aktiengesellschaft Announces New Share Classes and Fund Name Change

On March 12, 2024, GANÉ Aktiengesellschaft disclosed the introduction of additional share classes for the GANÉ Value Event Fund, previously known as GANÉ Global Balanced Fund. This transformation, recognized by the German Federal Financial Supervisory Authority (BaFin), reflects a strategic shift from a defensive to an offensive balanced fund approach initiated on February 23, 2024. The name change to GANÉ Value Event Fund will be effective from April 2, 2024.

Dr. Uwe Rathausky, CEO of GANÉ Aktiengesellschaft, thanked Universal-Investment and BaFin for their swift action in approving the name change. He emphasized that the new name represents the company’s dedicated value event strategy, a methodology that has garnered investor trust for over 15 years.

The announcement also highlighted the introduction of new share classes including Share class A, B, C, D, E, X (TF), F (USD), Y (CHF), and M, accommodating the diverse needs of institutional, retail, and super-institutional investors both in Euro and other currencies like USD and CHF.

Henrik Muhle, a board member, expressed gratitude for the strong investor support and the demand for more share classes, underscoring the company’s commitment to meet investor needs promptly.