European Live Portfolio (since inception)

Since January 2008 StockRate Asset Management has been managing privately owned equity portfolios of a three-digit million amount. We have achieved a gross return well over 47% on the portfolio in the period up until the end of April 2012. For comparison, the European Stoxx 600 index fell by over 6% in that same period - resulting in a total outperformance of 53%.

PricewaterhouseCoopers has at our request reviewed and confirmed our method and return until mid-2011.

Performance during the period 31-01-2008 to 30-04-2012

* Historical return is no reliable indicator of future return.