Triple Jump news - Wednesday, October 06, 2010

ASN-Novib Fund reopened

Triple Jumps’ partner ASN Bank has restarted the issue and repurchase of units in the ASN-Novib-Fund on Wednesday October 6.

ASN Bank had suspended the issue and repurchase of units in the ASN-Novib Fund last Friday. The reason for this decision was the proposal of the new right wing Dutch government in the making to end certain tax exemptions for investors. It was unclear what the impact of these measurements would be on the participants and the valuation of their investments. The bank has now restarted the issue and repurchase of units in the ASN-Novib Fund because the proposal of the new right wing Dutch government in the making turns out to have no affect on the price of the units in the ASN-Novib Fund .