But please only with secured NPL NPL funds a new company is pressing forward with a rate savers in the NPL-Fund range on the market and thus makes pioneering work in a very young, but still strongly growing market in this asset class. There are currently a total NPL funds from three vendors in the market. That is the Fund of Taskforcenpl1, who has done pioneering work here. However, as this is just with pioneers, this Fund has certainly still some technical shortcomings. As a future second provider, we know the German Gesellschaft fur Grundbesitz AG from Leipzig, whose Fund focuses in the area of acquisition secured claims. A third company, there is now a company from Kempten im Allgau, which brings a rate savers in the NPL-Fund range on the market. Allowing the use of pages of the BFin should be expected later this week.
This company invested according to the us present preliminary prospectus only in secured claims. Particularly noteworthy is the choice of the financial instrument that it has selected from our point of view. A Pioneer product, which has existed in this asset class as not yet on the German market. It goes to a registered bonds. A savings bond is a registered bonds for example. Here everyone from a contribution of 25 euro can take part in the business of the big monthly. Now, whether this is really the case, as with all three products that show future sounds is good. The opportunity with these products we see to make money however as “very good”. We still don’t know who the third company but works with at the servicing. This will you then “disclose”, if there is the official permission.