Update on the IPO of the Helvetica Swiss Opportunity Fund and the Merger with the Helvetica Swiss Commercial Fund

Zurich, 4 June 2024 – The merger between the Helvetica Swiss Commercial Fund (HSC Fund) and the Helvetica Swiss Opportunity Fund (HSO Fund) will be finalised in 2025, pending FINMA approval. The planned merger aims to create a high-yield portfolio with better diversification.

Key changes include amending the investment policies for both funds and harmonizing their contracts. The HSO Fund will be listed on the SIX Swiss Exchange in Q4 2024. The formal merger application will be submitted in the same period, with the merger expected in H1 2025.

As a first step, the HSO Fund may invest up to 30% in residential properties, while the HSC Fund will specifically include specialised real estate investments. This alignment in investment policies is essential for the planned merger.

Upon completion, the HSC Fund will benefit from enhanced economies of scale and a stronger presence in the SXI Real Estate Funds Broad Index. The merger is expected to bring sustainable returns and improved tradability, benefiting investors.