Nokia on the upswing

The month under review was marked by a major correction on the global stock markets. In
In this turbulent environment, the Gridl Global Macro UI Fund performed well with a slightly negative result.
Maintain good performance (EUR-institutional A2ATAU: -0.36%; EUR-Retail A2ATAT: -0.40%;
CHF-Retail A2ATAV: -0.57%).