Awards for 2004-2006 season
The initial prize fund is 5.000 USD. Prizes indexed to performance of the ZPR US Small Cap Value Fund. If the fund share increases 100 %, then prize fund = $10.000. If it declines 50%, $2.500 etc. Calculated from start date of December 1st , 2004 to the end of event.
The price of ZPR US Small Cap Value Fund share at the start date of Champions League (December 1st, 2004) = 1079.44 USD. The share is up by 10.89% during the last month.
A League 2 groups 800 x 2 = 1.600 USD
B League 4 groups 150 x 4 = 600 USD
C League 6 groups 100 x 6 = 600 USD
D and FT Leagues 9 groups 1.200 USD
THE BEST NEW PLAYERS (players new to ICCF) 600 USD
Total = 5.000 USD
In case of ties money will be divided equally.
"Investiciju Portfeliu Valdymas" (IPV), the investment management company for the ZPR US Small Cap Value Fund (which is a new fund registered in Lithuania and offered to investors worldwide) is a sponsor of this event. IPV also manages the NSEL30 national index fund of Lithuania.
Hansabank is the main distributor of the ZPR US Small Cap Value Fund. Hansabank group is the largest financial institution in the Baltic countries of Lithuania, Latvia and Estonia. You can invest through your local Hansabank branch or through an internet subscription with Hansabank (will be available from 2005). Vilniaus Bankas, the largest bank in Lithuania is the main distributor of NSEL30 national index fund of Lithuania. You can invest through your local Vilniaus Bankas branch or through an internet subscription with Vilniaus Bankas (will be available from 2005).For more information on how to buy or redeem the Funds investment units, please email email@example.com
Max Zavanelli, ICCF Deputy President & Development Director is the founder of both the ZPR US Small Cap Value Fund and the NSEL30, the national index fund of Lithuania. This is a part of ICCF's development program.
For more details on ZPR US Small Cap Value Fund and the remarkable 17 year history of world class performance by the USA management company, see the website www.zprim.com. The prospectus of the fund is at www.zprussmallcap.com/en. For more details on NSEL 30, the national index fund of Lithuania, visit the fund's website www.indexfund.lt/en/.
Prizes are paid by the management company and not from the fund.