3(5)250$1&(2)0878$/)81'6,19(67,1*,1),1/$1'

Transkriptio

1 Painorajoitettu FOX-salkku 0878$/)81'5(3257 Return, % (5)250$1&(2)0878$/)81'6,19(67,1*,1),1/$1' Risk funds Equity funds Asset allocation funds Bond funds Money market funds Benchmark indices $SULO0DUFK Gyllenberg Momentum HEX Yield Index Deposit rate Weight-limited Gyllenberg Small Firm Alfred Berg Finland FOX Portfolio PSP-Kasvuosake Evli Select HEX Portfolio Yield Index Leijona-Osake Merita Fennia Aktia Capital Merita Pro Finland Gyllenberg Finlandia Carnegie Osake Interbank Risk FIM Forte Diana Equity Interbank Equity Trevise Equity Fund Arctos Futura Arctos Finland Alfred Berg Optimal Evli Mix OP-Delta Odin Finland OP-Forest OP-Pirkka Arctos Forte Diana Balanced Interbank Optimum Gyllenberg Optimum PSP Government Bond Index 3 month Helibor Index Merita Optima OP-Yield Volatility, % $35,/

2 3(5)250$1&(2))81'60$5&+67 5,6.)81'6 RETURN (%) Example RISK RETURN / RISK Nominal Investment Volatility Sharpe 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. 12 mo. (%, 12 mo.) Beta ratio Alfa ),1/$1' Gyllenberg Momentum Interbank Risk Arctos Futura Interbank Kontra (48,7<)81'6 RETURN (%) Example RISK RETURN / RISK Nominal Investment Volatility Sharpe 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. 12 mo. (%, 12 mo.) Beta ratio Alfa ),1/$1' Gyllenberg Small Firm Alfred Berg Finland PSP-Kasvuosake Leijona-Osake Merita Fennia Evli Select Merita Pro Finland Aktia Capital Gyllenberg Finlandia Carnegie Osake Diana Equity Trevise Equity Fund Interbank Equity Arctos Finland OP-Delta Odin Finland Fondita Equity PSP-Osake $66(7$//2&$7,21)81'6 RETURN (%) Example RISK RETURN / RISK Nominal Investment Volatility Sharpe 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. 12 mo. (%, 12 mo.) Beta ratio Alfa ),1/$1' FIM Forte Alfred Berg Optimal Evli Mix OP-Pirkka OP-Forest Arctos Forte Interbank Optimum Diana Balanced Merita Optima Gyllenberg Optimum OP-Yield %(1&+0$5.,1',&(6 RETURN (%) Example RISK RETURN / RISK Nominal Investment Volatility Beta (B) / Sharpe 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. 12 mo. (%, 12 mo.) Duration (D) ratio Alfa HEX Yield Index B HEX Portfolio Yield Index B Weight-limited FOX Portfolio B PSP Government Bond Index D month Helibor Index D Deposit rate (; $35,/

3 3(5)250$1&(2))81'60$5&+67 0$5.(79$/8(62))81'6,19(67,1*,1),1/$1' Billion FIM 04 / / / / / / / / / / / / 98 1(768%6&5,37,212))81'6,19(67,1*,1),1/$1' 1, ,000 Million FIM 04 / / / / / / / / / / / / 98 0$5.(79$/8(62)5,6.(48,7<$1'$66(7$//2&$7,21)81'600),0 Merita Optima Alfred Berg Optimal Odin Finland Alfred Berg Finland Merita Fennia Evli Select Gyllenberg Optimum Evli Mix Leijona-Osake OP-Yield OP-Delta Diana Equity Gyllenberg Momentum Aktia Capital Gyllenberg Small Firm Gyllenberg Finlandia OP-Forest FIM Forte PSP-Kasvuosake Arctos Futura OP-Pirkka Interbank Optimum Trevise Equity 94.1 Interbank Risk 92.3 Arctos Forte 89.5 Merita Pro Finland 89.5 Diana Balanced 78.1 Carnegie Osake 73.7 PSP-Osake 71.8 Interbank Equity 45.1 Fondita Equity 36.8 Arctos Finland 29.0 Interbank Kontra 18.5 Risk funds Equity funds Asset allocation funds Bond funds Money Market funds $35,/ +(;

4 3(5)250$1&(2)),;(',1&20()81'60$5&+67 RETURN (%) Example RISK RETURN / RISK Nominal Investment Volatility Duration 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. 12 mo. (%, 12 mo.) (years) Sharpe ratio %21')81'6 ),1/$1' Evli Government Bond Merita Bond II Merita Bond Arctos Fenno Merita Pro Bond Alfred Berg Bond Carnegie Kunta Trevise Bond Fund Carnegie Korko Aktia Interest Gyllenberg Bond Diana Fixed Income OP-Interest Arctos Julkisyhteisö Interbank Bond Leijona-Obligaatio PSP-Pitkäkorko Evli Comm. Fixed Income RETURN (%) Example RISK Nominal Investment Volatility Duration 1 mo. 2 mo. 3 mo. 6 mo. 9 mo. 12 mo. 2 yr, p.a. 12 mo. (%, 12 mo.) (years) 021(<0$5.(7)81'6 ),1/$1' OP-Markka Interbank Short Term Merita Pro Money Market PSP-Lyhytkorko Carnegie Likvidi Arctos Markka Gyllenberg Money Manager Alfred Berg Markka Diana Markka Evli Interest Merita Money Market Aktia Likvida Trevise Money Market Fund Leijona-Valtio Fim Likvidi %(1&+0$5.,1',&(6 RETURN (%) Example RISK RETURN / RISK Nominal Investment Volatility Beta (B) / Sharpe 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. 12 mo. (%, 12 mo.) Duration (D) ratio Alfa HEX Yield Index B HEX Portfolio Yield Index B Weight-limited FOX Portfolio B PSP Government Bond Index D month Helibor Index D Deposit rate (; $35,/

5 3(5)250$1&(2)),;(',1&20()81'60$5&+67 3(5)250$1&(2)),;(',1&20()81'6$SULO0DUFK Return, % Bond funds Money market funds Benchmark indices Interbank Bond Evli Government Bond Merita Bond Merita Bond II Arctos Fenno Alfred Berg Bond Carnegie Kunta Merita Pro Bond Carnegie Korko Trevise Bond Fund Gyllenberg Bond Aktia Interest OP-Interest Diana Fixed Income Arctos Julkisyhteisö PSP Government Bond Index Deposit rate 3 month Helibor Index Money market funds Volatility, % 0$5.(79$/8(62)%21'$1'021(<0$5.(7)81'60),0 Merita Money Market 1,202.5 PSP-Lyhytkorko Alfred Berg Markka Alfred Berg Bond Evli Interest Evli Comm. Fixed Income Merita Bond II Merita Pro Money Market Evli Government Bond Carnegie Likvidi Gyllenberg Bond Aktia Interest Gyllenberg Money Man Merita Bond Carnegie Korko OP-Markka OP-Interest Aktia Likvida Leijona-Obligaatio Arctos Julkisyhteisö Diana Markka 92.9 Interbank Short Term 92.1 PSP-Pitkäkorko 85.1 Diana Fixed Income 84.0 Carnegie Kunta 77.8 Arctos Mark 70.0 Interbank Bond 69.5 Arctos Fenno 66.6 Trevise Bond 54.6 Merita Pro Bond 50.5 Trevise Money Market 41.7 FIM Likvidi 27.5 Leijona-Valtio 22.4 Bond funds Money Market funds $35,/ +(;

6 3(5)250$1&(2),17(51$7,21$/)81'60$5&+67 RETURN (%) Example Investment RISK RETURN Nominal (FIM) 12 mo. Volatility (%, 12 mo.) / RISK 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. FIM Dom. Curr. FIM Dom. Curr. Sharpe 5,6.)81'6,17(51$7,21$/ Phalanx Nordic C Arctos Focus Nordic C RETURN (%) Example Investment RISK RETURN Nominal (FIM) 12 mo. Volatility (%, 12 mo.) / RISK 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. FIM Dom. Curr. FIM Dom. Curr. Sharpe (48,7<)81'6,17(51$7,21$/ Nordic Countries Carnegie Nordic Markets Odin Sverige Alfred Berg Norden Fidelity Nordic Merita Nordia Trevise Tillväxtfond SHB Nordic Merita Avanti Odin Norden SHB Sweden Odin Norge Fondita Nordic Small Cap Evli Nordic Smaller Comp Europe Alfred Berg Switzerland SHB Europa Alfred Berg Europe Indosuez GIF Continental Europe Fidelity European Growth Fidelity European Smaller Co s SHB Germany Fleming FF European Alfred Berg Germany Fleming FF European Smaller Co s Gyllenberg European Merita European Fund PSP-Euro Osake North America Fleming FF American Fidelity America Alfred Berg North America SHB America Merita American Fund Japan Fidelity Japan SHB Japan Indosuez GIF Japan Portfolio Fleming FF Japanese Alfred Berg Japan Fidelity Japan Smaller Co s Fleming FF Japanese Smaller Co s Merita Asian Fund Pacific Rim excl. Japan Fleming FF Pacific SHB Pacific Fleming FF Eastern Opportunities Alfred Berg Far East Fidelity South East Asia Indosuez GIF Asia Pacific Indosuez GIF Asean Emerging Markets Fleming FF Eastern European Fidelity Latin America Nordbanken Östeuropa Fidelity Hong Kong & China Fleming FF China (; $35,/

7 3(5)250$1&(2),17(51$7,21$/)81'60$5&+67 RETURN (%) Example Investment RISK RETURN Nominal (FIM) 12 mo. Volatility (%, 12 mo.) / RISK 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. FIM Dom. Curr. FIM Dom. Curr. Sharpe (48,7<)81'6,17(51$7,21$/ Global Fidelity International SHB International Alfred Berg Global Carnegie Worldwide Evli Global Trevise Global Equity Aktia Global Merita Internat. Equity Fund Odin Maritim Merita Pro Global Equity Opstock Global Equity Merita Foresta Merita World Fund RETURN (%) Example Investment RISK RETURN Nominal (FIM) 12 mo. Volatility (%, 12 mo.) / RISK 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. FIM Dom. Curr. FIM Dom. Curr. Sharpe $66(7$//2&$7,21)81'6,17(51$7,21$/ Aktia Secura Global SHB Multimarket Global Gyllenberg International Global Merita Private Global Opstock Global Balanced Global Arctos Global Global 3.6 RETURN (%) Example Investment RISK RETURN Nominal (FIM) 12 mo. Volatility (%, 12 mo.) / RISK 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. FIM Dom. Curr. FIM Dom. Curr. Sharpe %21')81'6,17(51$7,21$/ Indosuez GIF Global Bond Global Merita Internat. Bond Fund Global Fleming FF Internat. Bond Global Indosuez GIF Eur. Bond Pf. Europe SHB International Bonds Global SHB Swedish Bonds Nordic C Fleming FF DM Bond Europe %(1&+0$5.,1',&(6 RETURN (%) RISK RETURN Nominal (FIM) Volatility (%, 12 mo.) / RISK 1 mo. 6 mo. 12 mo. 2 yr, p.a. 3 yr, p.a. 5 yr, p.a. FIM Sharpe MSCI Nordic MSCI Europe MSCI North America MSCI Japan MSCI Far East MSCI Pacific MSCI Emerging Markets MSCI World Index SB World Gvmt Bond MSCI: Morgan Stanley Capital International, SB: Salomon Brothers Inc. $35,/ +(;

8 '$7$2)0878$/)81'6$6$70$5&+67 Reg. Net No. of Minimum Subscription fee / tion fee / and cust. Redemp- Manag. Portfolio Coun- Size subs. inves- Start invest- Value of share Dividends manager try MFIM MFIM tors month ment FIM FIM 98 (97) min FIM min FIM (% / yr) Aktia Fund Management Ltd Aktia Capital L. Grandell Finland ,308 05/ [B]/100 sh FIM [A] 1% / Aktia Global T. Lehto Finland ,182 05/ [B]/100 sh FIM [A] 1% / 75 1% 2.0 Aktia Interest K. Gerkman Lux ,077 12/91 1 share [B] (9) FIM [A] 1% Aktia Likvida K. Gerkman Finland / / 100 sh. doesn t pay 0.5% / Aktia Secura T. Lehto Finland ,952 10/ [B]/100 sh FIM [A] 1% / 75 1% 2.0 Alfred Berg Rahasto Oy Alfred Berg Europe E. Svensson Lux /95 30, DEM (0) DEM 1% Alfred Berg Far East A. West Lux /92 30, USD (0) USD 1% Alfred Berg Finland J. Vainio Finland ,063 12/92 30, [B] 0.90 FIM [A] 1% / 100 1% / Alfred Berg Germany E. Svensson Lux /89 30, DEM (0) DEM 1% Alfred Berg Global B. Kvarnskog Lux /87 30, USD (0) USD 1% Alfred Berg Japan H. Fahlin Lux /93 30,000 8,975 JPY (0) JPY 1% Alfred Berg Markka M. Vartiainen Finland ,322 10/95 30, [B] 0.42(0.24) FIM [A] % 0.5 Alfred Berg N. America S. Bernstein Inc. Lux /91 30, USD (0) USD 1% Alfred Berg Norden N. Møller-Christensen Lux /87 30,000 3, SEK (0) SEK 1% Alfred Berg Bond M. Vartiainen Finland ,125 09/93 30, [B] 0.40 (0.75) FIM[A] 0 0.5% / Alfred Berg Optimal J.Vainio, M. Vartiainen Finland ,111 12/93 30, [B] 0.90 FIM [A] 1% / 100 1% / Alfred Berg Switzerland E. Svensson Lux /89 30, CHF (0) CHF 1% Arctos Fund Ltd Arctos Fenno J-P Leppä Finland /94 30, (28.30) FIM 0 0.5% 0.5 Arctos Finland M. Heikkilä Finland /94 30, doesn't pay 1% 1% 1.5 Arctos Focus J-P Leppä Finland /97 100, doesn't pay 0.3% 1% 3.1 Arctos Forte M. Heikkilä Finland /94 30, (2) FIM 1% 1% 1.8 Arctos Futura M. Heikkilä Finland /94 30, doesn't pay 1% 1% 2.0 Arctos Global SBC Brinson Finland /98 100, % 1% 1.3 Arctos Julkisyhteisö J-P Leppä Finland /95 100, doesn't pay Arctos Mark Leppä, Koivumäki Finland /96 100, doesn t pay Carnegie Funds Carnegie Korko J. Stirkkinen Finland /94 100, (8.36) FIM % 0.4 Carnegie Kunta J. Stirkkinen Finland /94 1,000, (8.37) FIM % 0.4 Carnegie Likvidi J. Stirkkinen Finland /96 100, (2.50) FIM Carnegie N. Markets B. Seger Lux /96 100, USD doesn t pay Carnegie Osake T. Penttala Finland /92 100, doesn t pay 0.5-1% 0.5-1% 1.1 Carnegie Worldwide M. Randel Lux /95 100, USD doesn t pay Diana Mutual Fund Ltd Diana Fixed Income T. Karvinen Finland /94 no min doesn t pay 0.5% 0.35% / Diana Balanced J. Jutila Finland /94 10, doesn t pay 3% 1% 2.1 Diana Markka T. Karvinen Finland /96 no min doesn t pay % 0.5 Diana Equity M. Härkänen Finland /93 20, doesn't pay 2% 0.5% / Evli Fund Management Company Ltd Evli Global Lombard, Odier & Cie Finland /94 30, [B] 2.60(2.0)FIM [A] 0.5-1% 1% / Evli Interest J. Viskari Finland /94 30, doesn't pay Evli Mix J. Sevón Finland ,040 11/95 30, [B] 0.60 (0.46) FIM[A] 0.5-1% 1% / Evli Nordic Sm. Comp. S. Krokfors Finland /97 30, [B] 0 FIM[A] 1 % 1 % 1.6 Evli Select H. Kallio Finland /89 30, [B] 2.20 FIM [A] 0.5-1% 1% / Evli Government Bond J. Viskari Finland /94 30, [B] 5.50 (5.00) FIM[A] 0 0.5% / Evli Comm. Fixed IncomJ. Viskari Finland /97 1,000, [B] 0 FIM[A] 0 0.5% 0.5 Fidelity Funds Sicav; Representative office / Stockholm America M. Wonisch Lux. 3, / USD doesn't pay 5.25% European Growth A. Bolton Lux. 9, / DEM doesn't pay 5.25% European Smaller Co's C. Stone Lux. 3, / DEM doesn't pay 5.25% Hong Kong & China J. Tse Lux. 1, / USD (0) USD 5.25% International D. Habermann Lux. 4, / USD doesn't pay 5.25% Japan Y. Tilley Lux. 2, / JPY doesn't pay 5.25% Japan Smaller Co's A. Kibe Lux / JPY doesn't pay 5.25% Latin America P. Satterthwaite Lux / USD (0) USD 5.25% Nordic C. Stone Lux. 2, / SEK doesn't pay 5.25% South East Asia P. Phillips Lux. 2, / USD doesn't pay 5.25% FIM Fund Ltd FIM Forte M. Kaloniemi Finland /94 30, doesn't pay 1% 1% 2.1 FIM Likvidi A. Pohjola Finland /97 30, doesn't pay 0.3 % 0.3 % 0.5 FIM Russia A. Pohjola Finland /98 30, doesn't pay 2% 2% 3.3 +(; $35,/

9 '$7$2)0878$/)81'6$6$70$5&+67 Reg. Net No. of Minimum Subscription fee / tion fee / and cust. Redemp- Manag. Portfolio Coun- Size subs. inves- Start invest- Value of share Dividends manager try MFIM MFIM tors month ment FIM FIM 98 (97) min FIM min FIM (% / yr) Fleming Flagship Funds, promoter OKO / Opstock FFF American J. Simon Lux. 10, /88 15, USD doesn t pay 1-5.5% FFF China S. Luk Lux. 1, /94 15, USD (0.08) USD 1-5.5% FFF DM Bond G. Dunham Lux /95 15, DEM (0.55) DEM 1-5.5% FFF Eastern European S. Böttcher Lux. 3, /94 15, DEM doesn't pay 1-5.5% FFF Eastern Opportunit. R. Ellis Lux /89 15, USD (0) USD 1-5.5% FFF European S. Roberts Lux. 1, /88 15, DEM (0.26) DEM 1-5.5% FFF European Sm. Co's P. Testa Lux. 1, /94 15, DEM doesn't pay 1-5.5% FFF International Bond N. Coutts Lux /88 15, USD (0.64) USD 1-5.5% FFF Japanese M. Porter Lux /88 15, USD (0) USD 1-5.5% FFF Japanese Sm. Co's J. Dobson Lux /94 15, USD doesn't pay 1-5.5% FFF Pacific J. Boyer Lux. 1, /88 15, USD doesn't pay 1-5.5% Fondita Rahastoyhtiö Oy Fondita Equity A. Svartbäck Finland /97 no min [B] 2.20 FIM [A] 0.5-1% 1% 2.1 Fondita Nordic Sm. Cap A. Svartbäck Finland /97 no min [B] % 1% 2.1 Groupe Indosuez Funds FCP GIF Asean R. Tan Lux /90 10,000 USD 4.03 USD doesn't pay % GIF Asia Pacific C. Leong Lux /90 10,000 USD 3.16 USD doesn't pay % GIF Continental Europe R. Guy Lux /90 10,000 USD 3.59 ECU doesn't pay % GIF Eur. Bond Portfolio D. Campigneulles Lux /91 10,000 USD 1.93 ECU[C] (0) ECU[D] % GIF Global Bond E. Brard Lux /90 10,000 USD 3.28 USD[C] (0.09) USD [D] % GIF Japan Portfolio N. Suzuki Lux /90 10,000 USD 226 JPY doesn't pay % Gyllenberg Funds Ltd Gyllenberg Bond J. Puhakka Finland /94 30, (40) FIM % 0.7 Gyllenberg European Morgan Stanley A. M. Finland /97 30, FIM 1% 1% 1.3 Gyllenberg Finlandia M. Rusanen Finland /93 30,000 1, doesn't pay 0.5-1% 1% 1.3 Gyllenberg International Rothschild Asset M. Finland 1, ,250 04/95 30, (20) FIM 0.5-1% 1% 1.6 Gyllenberg Momentum M. Rusanen Finland /97 30, doesn't pay 1% 1% 2.5 Gyllenberg Money Man. J. Puhakka Finland /96 30, doesn't pay Gyllenberg Optimum J. Puhakka Finland ,095 02/91 30,000 1, (66) FIM 0.5-1% 1% 1.3 Gyllenberg Small Firm M. Rusanen Finland /94 30,000 1, doesn't pay 1% 1% 2.5 Interbank Fund Management Company Ltd Interbank Kontra R. Manninen Finland / doesn't pay 0 1% / Interbank Bond R. Manninen Finland / (0) FIM 0 0.5% / Interbank Short Term R. Manninen Finland / doesn't pay %/ Interbank Optimum R. Manninen Finland ,049 10/ doesn't pay 0 0.5% / Interbank Equity R. Manninen Finland / doesn't pay 0 0.5% / Interbank Risk R. Manninen Finland / doesn't pay 0 1% / Merita Fund Management Ltd Merita Asian Fund J. P. Morgan Inv. M. Finland ,450 10/97 1 share / 100 sh. doesn't pay 1% 1% 1.5 Merita American Fund J. P. Morgan Inv. M. Finland /97 1 share / 100 sh. doesn't pay 1% 1% 1.5 Merita Avanti E. Koskimies Finland ,748 09/87 1 share / 100 sh. doesn't pay 1% 1% 2.3 Merita European Fund J. Vähäpesola Finland ,249 10/97 1 share / 100 sh. doesn't pay 1% 1% 1.5 Merita Fennia O. Elovainio Finland ,280 05/92 1 share 4, / 1000 sh. doesn't pay 1% 1% 2.0 Merita Foresta O. Elovainio Finland ,557 11/93 1 share 1, / 1000 sh. doesn't pay 1% 1% 1.5 Merita Int. Bond Fund J. Jakobssen Lux /91 20, [A] 0,75(0,65)FIM[B] 1% Merita Int. Equity Fund N. Adams Lux /88 20, [A] 1.10(1.00) FIM[B] 1% Merita Money Market H. Vuorinen Finland 1, ,670 02/96 20,000 1, / 1000 sh. 30 (0) FIM % max Merita World Fund P. Gupta Finland ,754 10/97 1 share / 100 sh. doesn't pay 1% 1% 1.5 Merita Nordia J. Vähäpesola Finland ,457 09/87 1 share / 100 sh. doesn't pay 1% 1% 2.3 Merita Bond J. Kivihuhta Finland ,022 12/93 1 share 1, / 1000 sh. 38 (43) FIM 0.5% 0.5% 0.6 Merita Bond II J. Kivihuhta Finland ,639 09/87 1 share / 100 sh. 0.80(0.90)FIM 0.5% 0.5% 0.6 Merita Optima T. Ronkainen Finland ,919 12/87 1 share 1, / 1000 sh. 49 (45) FIM 1% 1% 2.3 Merita Private E. Haavisto Lux /96 3,000, [A] 1.00(0.50) FIM[B] 3% Merita Pro Glo. Equity P. Gupta Lux /97 20,000, [A] - 3% Merita Pro Money Mark H. Vuorinen Finland /96 5,000, doesn't pay Merita Pro Bond J. Kivihuhta Finland /94 1,000, doesn't pay 0.5% Merita Pro Finland E. Koskimies Finland /93 1,000, doesn't pay 1% Nordbanken Östeuropa P. van Berlekom Sweden /96 20, % 1% 1.8 $35,/ +(;

10 '$7$2)0878$/)81'6$6$70$5&+67 Reg. Net No. of Minimum Subscription fee / tion fee / and cust. Redemp- Manag. Portfolio Coun- Size subs. inves- Start invest- Value of share Dividends manager try MFIM MFIM tors month ment FIM FIM 98 (97) min FIM min FIM (% / yr) Odin Finland Ltd Odin Finland P. Edwall Norway ,032 12/90 20,000 a doesn t pay 2-3% 0.5% 2.0 Odin Maritim P. Goldenheim Norway ,829 10/94 20,000 a NOK doesn t pay 2-3% 0.5% 2.0 Odin Norden P. Edwall Norway 5, ,795 06/90 20,000 a NOK doesn t pay 2-3% 0.5% 2.0 Odin Norge R. Wiborg Norway 1, ,720 06/92 20,000 a NOK doesn t pay 2-3% 0.5% 2.0 Odin Sverige P. Edwall Norway ,798 10/94 20,000 a NOK doesn t pay 2-3% 0.5% 2.0 OP-Funds OP-Delta J. Lindén Finland ,060 02/93 1 share doesn't pay 1% / 50 1% / OP-Interest T. Leskinen Finland ,561 12/93 10, (5) FIM 0.25% / % / OP-Markka T. Leskinen Finland /96 10, (1.20) FIM 0.5% / OP-Forest J. Lindén Finland ,046 10/87 1 share doesn't pay 1% / 50 1% / OP-Pirkka J. Lindén Finland ,659 03/89 1 share doesn't pay 1% / 50 1% / OP-Yield J. Lindén Finland ,281 10/87 1 share (5) FIM 1% / 50 1% / Opstock Global Bal. Schroder Investment M. Finland /97 500, FIM 2% Opstock Global Equity Fleming Investment M. Finland /97 500, doesn't pay 2% PSP-Funds Leijona-Obligaatio M. Kuisma Finland ,222 09/97 10,00 1, / 1000 sh % / % / Leijona-Osake M. Pesonen Finland ,769 10/87 10,000 1, / 1000 sh. 90 (50) FIM 0.5% / 50 1% / Leijona-Valtio K. Kilpi Finland /97 10,00 1, / 1000 sh. doesn't pay % / PSP-Euro Osake A. Koskela Finland /97 1,000, doesn't pay 0.5% 0.5% 1.4 PSP-Kasvuosake A. Koskela Finland /96 1,000, doesn't pay 0.5% 0.5% 1.3 PSP-Lyhytkorko R. Louhento Finland /96 1,000, doesn't pay % 0.3 PSP-Osake M. Pesonen Finland /97 1,000, % 0.5% 1.0 PSP-Pitkäkorko M. Kuisma Finland /97 1,000, % 0.5 Seligson & Co Osakeindeksirahasto C. Uggla Finland /98 30, % 0.5 Phalanx Seligson, Uggla Finland /97 30, % b Rahamarkkinarahasto J. Niemi Finland /98 30, b Handelsbanken Fonder AB Handelsbanken Korko Y. Lucic Finland /98 1,000 c doesn't pay Handelsbanken Obligaat Y. Lucic Finland /98 1,000 c 9.94 doesn't pay 0.25 % d 0.25 % 0.6 Handelsbanken Osake P. Schols, S. Samaletdin Finland /98 1,000 c doesn't pay 1% d 1% 1.9 SHB America M. Jacobsson Lux /88 5, USD doesn't pay 1% 1% 1.5 SHB Europa M. Jacobsson Sweden 2, /89 5, SEK 1.68 (2.62)SEK 0 1% 1.6 SHB Germany M. Jacobsson Lux /90 5, DEM doesn't pay 1% 1% 1.5 SHB International M. Jacobsson Lux /84 5, USD doesn't pay 1% 1% 1.5 SHB Internat. Bonds Y. Lucic Lux /89 5, USD doesn't pay 0.5% 0.5% 0.9 SHB Japan P. Souvannavong-Ljungqvist Lux /88 5, JPY doesn't pay 1% 1% 1.5 SHB Multimarket Jacobsson,Wahlstedt,Larsson Lux /93 5, SEK doesn't pay 1% 1% 1.5 SHB Nordic P. Schols Lux /94 5, SEK doesn't pay 1% 1% 1.5 SHB Pacific G. Påhlsson Lux /89 5, USD doesn't pay 1% 1% 1.5 SHB Sweden F. Larsson Lux /95 5, SEK doesn't pay 1% 1% 1.5 SHB Swedish Bonds P. Johnsson Lux /91 5,000 1, SEK doesn't pay 0.5% 0.5% 0.9 Trevise Trevise Global Equity J. Beckwith Lux /97 20, doesn't pay 2% Trevise Money Market A. Lindegren Sweden /96 ei minimiä 1, (39.80) FIM Trevise Bond A. Lindegren Sweden /96 ei minimiä 1, (104.47) FIM Trevise Equity K. Havimo Sweden /96 ei minimiä 2, (0) FIM 0,3% e 0,3% e 1.3 Trevise Tillväxtfond T. Söderberg Sweden 1, /94 ei minimiä 2, SEK (20.19)SEK 0,3% e 0,3% e 1.3 Total 93, , ,778 Funds Investing in Finland 18, ,126 Funds Registered in Finland 23, , ,519 Funds Registered in Finland Risk funds ,496 Equity funds 7, ,091 Asset allocation funds 5, ,671 Bond funds 4, ,553 Money market funds 5, ,708 a) Odin Funds: Minimum investment through ÅAB 2,000 FIM e) Trevise Equity and Trevise Tillväxtfond: Subscription and redemption fees will be redeemed to the fund b) Phalanx and Rahamarkkinarahasto: In addition a return dependent fee c) Handelsbanken Korko, Obligaatio ja Osake: Minimum investment in saving program 100 FIM d) Handelsbanken Korko, Obligaatio ja Osake: No subscription fee until May 29th, (; $35,/

11 25'(5)250 Yes, I subscribe to the Finnish Mutual Fund Report. The Mutual Fund Report in finnish 732 FIM/year incl. 22 % VAT The Mutual Fund Report in swedish 1500 FIM/year incl. 22 % VAT The Mutual Fund Report in english 1500 FIM/year incl. 22 % VAT Name: Company: Position: Address: City: Telephone: Signature: Please, return this form by post to the address: HEX Ltd, P.O. Box 926, FIN Helsinki, Finland or by fax to the nunber (;3/$1$7,2162)7+(),*85(6 Nominal return Nominal return of fund is the per cent change in share price with paid dividends, management and custodian fees, and splits taken into account. Dividends are assumed to have been reinvested on the ex-dividend date. No taxes have been taken into account. The two, three and five year returns are expressed in a per annum basis. Example Investment return Return of the example investment is the return of a one-year investment of 100,000 FIM that is realised at the end of the period. This figure takes into account everything that nominal return does and also subscription and redemption fees for a 100,000 FIM investment. If the minimum investment of the fund is greater than 100,000 FIM, subscription and redemption fees for the minimum investment have been used. For international funds, return of the example investment is calculated both in FIM and the domestic currency of the fund. Volatility Volatility describes how rapidly the price of a fund share is likely to change and therefore measures the risk of the investment. It is calculated from the standard deviation of daily returns and is expressed in per cents annually. An often used basic rule is that if volatility is, for example, 20%, the fund's return is within the range of ±20% of fund's expected return on average in two of three years. Beta Beta describes the sensitivity of the share price of the fund to the changes in the HEX Index. For example, a Beta of 0.7 means that on average a change in HEX of one per cent causes a 0.7 per cent change in fund price to the respective direction. Duration Duration is a measure of a fund's interest rate sensitivity. The greater the duration, the more sensitive the fund is to shifts in interes rates. Duration figures are reported by funds. Sharpe ratio Sharpe ratio describes how much extra return compared to a riskless investment the fund has earned per each percentage point of volatility. The larger the Sharpe ratio, the better the fund has performed relative to its risk. The Sharpe ratio is not a reliable measure for money market funds, and thus is not reported for them. Alfa Alfa describes how much the annual return of the fund has exceeded the return of a corresponding benchmark portfolio. The benchmark consists of a HEX portfolio and riskless deposit. The larger the Alfa, the better the fund has performed relative to the market. Publisher HEX World Trade Center Plaza Telephone Helsinki Securities and Derivatives Exchange Keskuskatu 7, P.O.Box 926, FIN Helsinki Telefax Clearing House Finland Internet $35,/ +(;

12 3(5)250$1&(2),17(51$7,21$/)81'6 Return, % $SULO0DUFK Equity funds Asset allocation funds Fleming FF American Bond funds Carnegie Nordic Markets A. Berg Europe Fidelity America Fidelity European Growth Indosuez GIF Continental Europe Alfred Berg North America Fidelity European Smaller Co's SHB America SHB Germany Fleming FF European SHB International Fidelity International Alfred Berg Global Alfred Berg Germany Odin Sverige Alfred Berg Norden Fidelity Nordic Carnegie Worldwide Fleming FF European Smaller Co's Evli Global Merita Nordia SHB Nordic Trevise Tillväxtfond Trevise Global Equity Aktia Global Aktia Secura SHB Multimarket Gyllenberg International SHB Europa Merita Avanti Odin Norden SHB Sweden Alfred Berg Switzerland Fleming FF Eastern European Fidelity Latin America Merita Private Odin Norge Merita Internat. Equity Fund Indosuez GIF Global Bond Merita Internat. Bond Fund Indosuez GIF Eur. Bond Pf. SHB International Bonds Odin Maritim Fleming FF Internat. Bond Fleming FF Pacific SHB Swedish Bonds Nordbanken Östeuropa Fleming FF DM Bond SHB Japan Fidelity Japan Indosuez GIF Japan Portfolio Fidelity Hong Kong & China -10 Fidelity Japan Smaller Co's Alfred Berg Japan Fleming FF Japanese Fleming FF Japanese Smaller Co's Fleming FF China -20 Alfred Berg Far East SHB Pacific Fleming FF Eastern Opportunities Fidelity South East Asia -30 Indosuez GIF Asia Pacific -40 Indosuez GIF Asean Volatility, %