In June 2007 the Costa Rican Securities and Exchange Commission (SUGEVAL) approved the Public Offer of the new fund called MULTIFONDOS US GOVERNMENT for US $100 MILLION. The acquisition, administration and property management for this fund has been assigned to GENESIS FINANCIAL GROUP, Inc.
The sponsor of MULTIFONDOS, Mercado de Valores has been in the market for over 30 years. It is the best known funds manager in this market with the highest service standards. They serve the market with two corporations: Mercado de Valores Puesto de Bolsa, S.A. and Sociedad de Fondos de Inversion, Multifondos, SFI, SA.
The first corporation started operations in 1976 and they are member founders of the Costar Rican Stock Exchange. Multifondos was incorporated in 1996.
Presently they have 14 investment funds registered of which 5 are real estate investment trusts. Multifondos U.S. Government is the first Real Estate Income Trust registered in Costa Rica with assets in foreign countries.
For further information regarding GenNet US Government Lease, SAFI, visit www.gen-netsa.com or contact Bernardo Arce
Phone: +1 (506) 232-2894
