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Dear investors,
Through these reports we aim to present the most important global and domestic developments on a quarterly basis, give you a global overview of current market movements, how we expect these events to affect the future direction of the world economy and the growth of the businesses in our portfolio, as well as the performance of our funds and their comparison with global stock-market indices.
As before, our primary goal and responsibility to you remains the successful management of your assets in accordance with the investment strategy you have agreed to.