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New fund

April 17th, 2010 by XavierMedia.org in The Investment, XavierMedia.org. Topics:

We've done a new investment in our little project. The new fund we've added we've actually owned since April 2009, but we're now re-classifying it to be an XavierMedia.org investment.This fund is Aktieinvest Aktiespararna Topp Sverige and it's not specifically investing in green investments like our other funds. This fund is like a normal mutual fund you would invest in privately. The goal of this fund is to have a development like the OMX-index and they invest in the largest companies on the Stockholm stock exchange (OMX). The yearly fee for this fund is low, only 0.30%.

Since this fund isn't paying a yearly amount to green projects like the other funds we own, we're planning to use the dividend earned from this fund to invest in SEB Baltic Sea Fund and Skandia WWF Fund.

The total fund development has been really nice the last year and we're up over 150% since April last year, but that's also including new investments we've done. We're really looking forward to an exciting year and we hope that the investment will continue to increase like in the past year (the more the investment increases the more money WWF will get from the funds ;-) )

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