The Commodity Discovery Fund will receive dividends on some of their
positions, but does not itself pass dividends to participants. Dividends
will add to the NAV.
Founder Willem Middelkoop has a relatively large position in the fund.
No, the fund as a whole does not borrow money for investment purposes.
We have agreed with our brokers that they will never lend out any of our shares.
No, the fund will never force participants to supply additional money.
Should the value of your participations be lower than 25,000 Euros
because of market developments, you will not be asked to top up. You
are, naturally, welcome to add to your participations at any time.
We aim to achieve returns on our investments, not by anticipating
currency fluctuations. When we buy shares denominated in a currency
other than euro, we may buy that currency for the same amount, so as to reduce a currency exposure between the moment we buy the
shares and the moment we actually pay for the shares. Shares denominated
in a currency other than euros that have already been paid for may
decrease in value when expressed in euros as a result of currency
The Board of Directors has adopted a remuneration policy and laid down in the document "Controlled remuneration policy", which is published on this website.