cu40j.jpg (1181 bytes)   High Profitability
International Funds
 

Commercial Union Privilege Portfolio C.U.P.P.
 
Commericial Union Privilege Portfolio is an investment fund based in Luxembourg and registered since 1990 with the Market Value Commission - C.N.M.V.

Privilege Portfolio invests on the international level in the values most representative of the stock-exchange indexes of each market, as well as in variable return. This allows for the creation in a single company of a diversified and dynamic portfolio in the most profitable markets and foreign exchanges.

   euro-4.gif (37814 bytes)
fondos2.jpg (9732 bytes)   The profitability of these funds comes from the growth itself of each one of the markets or values invested in, plus the differential of the rate of foreign exchange in which it is denominated.
 

The types of funds that are currently
being commercialized are wide and diverse.
We can classify them in three large groups.
 
  1. Variable Return Funds.
 

They offer the investors portfolios of shares administered in a dynamic way that pay a quota in the most solid and profitable international markets.

The Variable Return funds that are currently marketed are classified in three groups:
 
  1. Country funds: They invest in shares that compose the stock-exchange index of each country.
Fund Denomination Profitability 1997 (PTS.)
American Growth Dollars 44.20%
Belgian Growth Belgian Francs 32.91%
Dutch Growth Florins 37.94%
French Growth French Francs 36.18%
German Growth Mark 40.61%
Italian Growth Lire 60.19%
Japanese Growth Yen -9.19%
Spanish Growth Pesetas 44.54%
UK Growth Pounds 38.22%
 
  1. Regional Funds: They invest in the most representative values of a determined geographical area or place, such as European funds, Asian funds.....
Fund Denomination Profitability 1997 (PTS.)
Emerging Countries Dollars 9.83%
European Growth Euro 43.01%
Far Eastern Growth Dollars -23.33%
Global Managed Fund. Dollars 27.93%
 
  1. Sectorial Funds : It diversifies the investment in shares in mining companies that produce gold on a global level.
Fund Denomination Profitability 1997 (PTS.)
Gold Share Gold -22.31%
 
  1. Fixed Return Funds:
 

They Invest in long-term bonds and securities issued in a determined foreign exchange.
They offer high security in the long term.
Fund Denomination Profitability 1997 (PTS.)
Deutschmark Bond Marks 4.50%
Dollar Bond Dollars 22.55%
Peseta Bond Pesetas 8.76%
Sterling Bond Pounds 25.13%
Worldwide Bond Swiss Francs 13.80%
 
  1. Money or Foreign Exchange Funds:
 

They invest in promissory notes from companies, negotiable assets and short-term deposits issued in a determined foreign exchange. They offer absolute security in the the fund's foreign exchange of origen.
Fund Denomination Profitability 1997 (PTS.)
Deutschmark Reserve Marks 2.69%
Dollar Reserve Dollars 21.80%
Sterling Reserve Pounds 19.78%
 
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All are advantages with Privilege Portfolio - C.U.P.P.
 

High profitibility.
More than 60% of C.U.P.P. funds have obtained in 1997 a profitibility superior to 20%.

Operative daily.
At any time you can sell, buy or exchange your shares.

Transfers between funds.
You will be able to pass the investment from one fund to another in the same category without administrative expenses whenever you wish.

Immediate liquidity.
At any time you can sell your funds and the resulting amount will be deposited in the bank account which you specify to us within a period not greater than 5 working days.

Investment funds:
The capital gains obtained by selling investment funds shares pay like personal wealth profit or loss. This is the difference between the shares buying price and the reimbursement.

 
How do they pay?

The capital gains derived from the sale of participation of investment funds pay like gains or patrimonial losses, being these diferences between the amount of purchase and the amount of reimbursement of the participation.

Do not forget that...

For investments over two years, capital gains will no be counted together with the rest of your income, but will pay at a fixed interest of 20%.
When we get a refund, regardless of the investment period, capital gains will have 20% retention.
The reduction rate will be 14,28% for every accumulated year on 31/12/96. The first two years will not be taken into account.
 
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E-mail: euroteideseguros@euroteide-seguros.com
  dptocomercial@euroteide-seguros.com
© Euroteide Seguros S.L. 1998