Alpine Select Ltd. is a professional investment company listed on the SIX Swiss Exchange since 1998. The company offers institutional and individual investors the opportunity to buy into a broad portfolio with core investment strategies focusing on: discount, risk-arbitrage, tactical exploitation of under-researched companies / situations, short term opportunities and liquid hedge funds.
Latest NAV (Estimate)
Monthly net return
Year to date performance Total Net Assets
CHF 16.29
0.44%
3.12%
CHF 182 m
NAV Update as of 31 December 2016
Latest cons. NAV (Estimate) CHF 17.10
19 NAV
NAV cons
17 Share price SIX
15
13
11
Share price CHF 17.00
Monthly performance 0.59% Year to date performance 6.84% Premium/(Discount) to NAV 4.38%
Share Price as of 31 December 2016
9
7
Alpine Facts
5
Incorporation date
Listing
18.09.1997
SIX Swiss Exchange
Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16
Top Positions as a Percentage of Net Asset Value (NAV)
Altin Ltd.
Stock Exchange Symbol ALPN
Swiss Security Number
ISIN Code Reuters Bloomberg Type of shares
Outstanding shares Custodian Management fees Advisory / Performance fees
Distributions
1.919.955
CH0019199550 ALPN.S
ALPN SW EQUITY
Registered shares 11,202,900
Bank Julius Baer None
None
41.4%
Cheyne New Europe Fund L.P. Sparx Japan Value Impact Fund
CQS Directional Opp. Feeder… Arcus Genseki Fund Other Long Positions
Other Hedge Funds Positions Cash and other assets, net
8.1%
5.2%
3.7%
3.6%
11.3%
1.6%
25.3%
Allocation by Investment Type1)
Hedge Funds
9%
Equity
Special Situations Credit
CLO
Out of reservers from
capital contributions
5% 3%
52%
Contact
1) Excluding cash and other assets/(liabilities), net
Alpine Select Ltd. Gotthardstrasse 31
6300 Zug
T +41 (0) 41 720 4411
investorrelations@alpine-select.ch www.alpine-select.ch
31%
Estimated NAV Performance in %2)
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Okt | Nov | Dec | YTD | |
2016 | -1.3 | -2.3 | 2.5 | -3.0 | 1.1 | -0.6 | 1.5 | 0.3 | 2.5 | 0.8 | 1.3 | 0.4 | 3.1 |
2015 | 0.6 | 3.2 | 2.8 | -0.8 | 0.2 | -0.8 | -1.0 | -1.8 | -1.8 | -1.7 | 1.8 | -1.2 | -0.6 |
2014 | 2.3 | 1.4 | -1.8 | -0.8 | 5.8 | 1.2 | -1.1 | 0.6 | -2.2 | 2.9 | 0.9 | 1.6 | 11.1 |
2013 | 1.8 | 0.2 | 0.5 | -0.7 | 3.9 | -2.1 | 1.0 | -1.2 | 3.9 | 3.5 | -0.1 | 1.0 | 12.2 |
2012 | 1.5 | 3.1 | - | 1.8 | -2.7 | 2.6 | 0.3 | 1.4 | 1.4 | -4.9 | -2.8 | 7.2 | 8.7 |
2) The monthly NAV performance as disclosed in above performance table is based on the estimated monthly NAV as published by Alpine Select. The NAV effect of the acquisition and consolidation of Absolute Invest is considered from April 2014 on. Published NAVs are not adjusted except for the effect of dividend distributions of Alpine Select. Estimated and effective monthly NAVs may differ. Effective performance for the year 2015 was -1.25% (2014: 11.5%). Change to publication of consolidated NAV as of April 2014. Reference is also made to the Company's disclaimer.
Disclaimer
None of the information in this report does, by itself, constitute an offering or an offering circular according to Article 652a of the Swiss Code of Obligations and is subject to change without notice. The data is intended for information purposes only and is provided without any warranty of any kind, either expressed or implied. Before making an investment, you must obtain and carefully read all information needed to evaluate the investment including, but not limited to the documents providing important disclosures regarding risks, fees and expenses.
All Net Asset Values (NAV) are best estimates. Monthly and YTD NAV performances are based on the estimated monthly NAVs as published by Alpine Select. The NAV effect of the acquisition and consolidation of Absolute Invest is considered from April 2014 on. Published NAVs are not adjusted except for the effect of dividend distributions of Alpine Select.
While some information used on this report may have been obtained from various published and unpublished sources considered to be reliable, Alpine Select neither guarantees its accuracy or completeness nor accepts liability for any direct or consequential losses arising from its use. Shares in Alpine Select are not bank deposits and are subject to investment risk, including the loss of the principal amount invested. This investment is not guaranteed by Alpine Select Ltd.
Past performance is no indication of future performance.
Alpine Select AG published this content on 04 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 January 2017 17:37:10 UTC.
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