Triple Jump news - Monday, November 22, 2010

ASN-Novib Fund 'best product'

De Telegraaf, the largest newspaper in the Netherlands, has chosen the ASN-Novib Fund as the best financial product of November 2010.

Each month De Telegraaf selects the best financial product of that particular month, on the basis of risks, benefits, cost efficiency and innovation.

ASN-Novib Fund is now likely to be chosen the best financial product of 2010. On the 9th of December an independent jury, chaired by Jaap van Duijn, will select the best product of 2010 out of the twelve months products of De Telegraaf.

“The end of the year is approaching and that is often a moment to think about life”, writes De Telegraaf. ‘If you think about what you can do for the world, you may consider an investment in  ASN-Novib Fund. This fund invests in microcredit. This fund gives people in developing countries an opportunity to start their own business.’ 

De Telegraaf: ‘ASN-Novib Fund aims to achieve a target yield of 2% per year. The past five years the return was 3.8% per year. You will also receive a tax benefit of 2.5% per year (…).”