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2006 saw exceptionally strong demand for the guarantee funds of Pioneer Investments Austria. Four tranches were issued in 2006. Two tranches were R.I.CH. guarantee funds (Russia, India and China). One was a R.I.CH. Asia guarantee fund (Russia, India and China, extended to include the entire Asian region), and the fourth tranche issued in 2006 was “Meine Zukunft Garantie” (investments in future-oriented industries).
The issue volume of these four guarantee funds totalled € 1.6 bn. Sales of the Pioneer Funds Austria R.I.CH. Garantie 2/2013 soared to record levels. A fund volume of € 672 m was sold within the subscription period of around 5 weeks.
With assets under management of € 2.5 bn from retail guarantee funds as of 31 December 2006, Pioneer Investments Austria further expanded its position in this area in the reporting period.