SFP Investment Foundation manages over 260 million

SFP Investment Foundation was founded in May 2017 by Swiss Finance & Property AG and launched the two real estate investment groups SFP AST Global Core Property and SFP AST Global Core Property Hedged CHF in the same year, focusing on unlisted, open-ended core real estate funds.

In December 2018, the investment group SFP AST Swiss Real Estate followed, through which Swiss pension funds can invest in a directly held Swiss real estate portfolio. This increased the volume of assets under management by CHF 50.8 million to CHF 261.3 million, the investment foundation says. Further issues are planned.

The SFP AST Global Core Property (Unhedged) investment group reportedly has net performance of 0.74% (Class A), 2.07% (Class B) and 2.56% (Class X) since its launch.

The SFP AST Global Core Property (Hedged CHF) investment group achieved a net performance of 2.08% (Class A), 2.32% (Class B) and 2.38% (Class C).

The investment group SFP AST Swiss Real Estate, however, had to record a negative net performance of -0.72%. This was due to the fact that there were only two weeks between the launch and the cut-off date for the annual report on December 31, 2018, when experience shows that most expenses are incurred, according to the SFP Investment Foundation. (ah)