Ecureuil Immo +, the first consumer market OPCI to win AMF approval

22.04.08 - 11:26 ... source : Groupe Caisse d'Epargne

... (Paris, April 18, 2008 ) --- Groupe Caisse d'Epargne (GCE ) ha s designed the first OPCI* for the consumer market, Ecureuil Immo + , to have been approved by the Autorité des Marchés Financiers (AMF - the French market regulator ). Ecureuil Immo + , which obtained AMF approval on 15 April and was the first such product to do so, will be marketed to Caisse d'Epargne customers fr om September onwards. This OPCI enhances the Group's range of savings products by allowing retail customers to invest in office buildings. By combining financial and real estate assets, Ecureuil Immo + enables subscribers to diversify their investments, while benefiting from regular additional income. Managed by Ciloger, in which GCE holds a stake via Nexity, Ecureuil Immo + capitalises on the synergies generated by Caisses d'Epargne and Nexity. The OPCI's portfolio will comprise 60% in commercial property assets ( ...» Next (PDF)