PURE Funds AG - Herzlich willkommen

First annual report of the PURE Swiss Opportunity REF as at 31.12.2021

April 21/2022

The PURE Swiss Opportunity REF (PSO REF) was launched on 4 December 2020, which is why the first financial year is extended and lasted from 4 December 2020 to 31 December 2021. During this period, the total fund assets grew to CHF 28.3 million. Two properties were acquired during the reporting period.

The fund invests primarily in economically strong regional centres in Switzerland and in selected locations with growth potential. Investments in residential properties supplemented by selected commercial properties form a stable and income-oriented core portfolio. In addition, project developments contribute to the value enhancement and growth of the fund. We develop conversions and optimise existing spaces with a sustainable focus within our own ESG guidelines.

As of 31 December 2021, the fund has a net asset value per unit of CHF 110.50, which corresponds to an annualised investment return for the first financial year of 9.7% and an annualised return on equity of 9.8%.

The distribution for the Fund's first reporting year amounts to CHF 4.00 per unit. The distribution ratio is 96.6%, with a distribution yield on NAV of 3.4% as at 31 December 2021.