Luximo holding brings Wurzburg March 2011 with ‘Mephisto 1’ new ‘Sin ‘funds on the market. Wurzburger Emissionshaus luximo Holding AG will start with an exceptional investment idea in the year 2011. Because the Prosperia Mephisto 1 GmbH & co. KG, briefly Mephisto, very consciously focuses on the seven deadly sins: greed, gluttony, lust, envy, pride, sloth and wrath. The idea of the seven deadly sins was formulated in the 4th century monk Evagrius Ponticus for the first time and now finds himself in the Mephisto Fund of luximo holding in a number of sectors with appropriate investment options. The pride, for example, symbolizes the luxury industry. The investment portfolio of the luximo holding Fund provides direct or indirect holdings in companies in tend to be sinful”sectors are active. The Mephisto Fund of luximo holding is a private equity fund with a fund size of 20 million.
Private investors can join from 5,000 euros a time investment plus five per cent premium. The placement has the luximo holding planned for this year. The term of the new Fund is scheduled for around six years. The partner luximo holding investment GmbH only participates in winning the Prosperia Mephisto 1, when investors have a computational base interest rate of 7 per cent on the investment amount invested by them. Of their share, the luximo holding investment GmbH donates percent 10 for charitable purposes, for example for approved projects that engage against the abuse of children. The luximo holding supported choosing the investments of CONQUEST investment advisory AG, which specializes in the development of investment strategies based on the principles of behavioral finance. “” One over a period of ten years backward simulation of luximo holding this showed that sinful “-oriented industries significantly better cut than, for example, the so-called sustainability sectors”.
The previous response to this topic and our Fund shows that we have made a sensitive point for. From rejection to enthusiasm is everything included. We, however, believe that it reflects highest ethical obligation, when portfolio managers pick what’s best for their customers and there now even sinful business fared best in recent years,”commented on Slobodan Cvetkovic, CEO of luximo holding, the start of the Mephisto Fund. About the luximo holding, the underwriter of luximo holding is specialised in development and emission of investment concepts in the area of closed-end Fund. The focus at the luximo holding of direct investments in private equity, infrastructure and multi asset. This, the management of the luximo holding can build on their own experiences, as well as a network of mostly institutional partners. While the luximo holding in the implementation of the offered investments maintains a high standard of quality. To maintain this standard, a team of professionals continuously analyzes the economic opportunities offered by the markets, derives from this high-yielding investments and developed investments that meet the expectations of private investors.