The outlook for 2015 is cautiously positive. Triodos Organic Growth Fund currently targets investments in the range of EUR 2-6 million each, with the aim of having approximately 65% of the total net asset value invested at year-end 2015. The fund has four investments budgeted for 2015, representing a total of EUR 15 million, of which EUR 10 million is expected to be invested during the first half of 2015. In terms of costs the ongoing charges are expected to remain well within the maximised 3.5%.
For 2015, Triodos Organic Growth Fund expects costs associated with the ramp-up of the portfolio to be slightly below anticipated income and the value build-up in existing investee companies. This is expected to result in a stable net asset value per share.