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Prudentis Baltic Fund has beaten the Benchmark for the third consecutive year

Prudentis Baltic Fund NAV per unit has finished the year 2008 at the value of 47,47LTL, down 62,49% from the previous year’s close. The Benchmark index, Baltic Benchmark Cap GI, which covers the largest and the  most liquid companies traded on Vilnius, Riga and Tallinn stock exchanges, was down by 67,04%. Even though the Year 2008 in absolute numbers was the worst year during the Fund’s existence, it is worth to mention that each year since inception the fund has beaten the Benchmark by a substantial margin. Comparing cumulative results it is the best performing Investment fund in the Baltic region since 2005.