Holding(s) in Company

 
TIDMAIA 
 
 

ALTIN announces portfolio holdings as 1st October 2011

Baar, 24 October 2011 - ALTIN AG (SIX: ALTN, LSE: AIA), the Swiss alternative investment company listed on the London and Swiss stock exchanges, today discloses its entire hedge fund portfolio holdings as part of its policy of full transparency to investors. The portfolio, featuring over 35 underlying hedge funds, and representing 10 investment strategies, is particularly well diversified and has a NAV performance of +160.43%1 since its inception in December 1996.

 
Portfolio as at 1stOctober 2011                    Total Portfolio (%) 
Macro Strategy                                     22.78% 
Banyan Capital Fund Ltd                            3.92% 
Blenheim Global Markets Fund Ltd                   3.13% 
Comac Global Macro Fund Ltd                        3.85% 
Goldfinch Capital Management Offshore Ltd          2.58% 
LD Commo Alpha Fund Ltd                            1.53% 
The Clive Fund Ltd                                 5.93% 
Two Sigma Compass Enhanced Cayman Fund Ltd         1.84% 
Managed Futures Strategy                           3.79% 
AlphaMosaic SPC SP 10 Welton Global Directional    1.03% 
AlphaMosaic SPC SP 73 Blackwater Cap Mgt 2X        1.24% 
Vegasoul 2X Fund                                   1.52% 
Equity Long/Short Strategy                         26.61% 
7H Absolute                                        3.11% 
Arrow Offshore Ltd                                 4.23% 
BlackRock UK Emerging Companies Holding Fund Ltd   5.42% 
Coatue Offshore Fund Ltd                           3.87% 
HT Asian Catalyst Fund                             4.28% 
Scopus Fund Ltd                                    3.78% 
Scopus Vista Fund Ltd                              1.92% 
Equity Long Bias Strategy                          2.33% 
Firebird Global Fund Ltd                           1.77% 
Rig III Fund Ltd                                   0.56% 
Equity Market Neutral Strategy                     3.98% 
ZLP Offshore Utility Fund Ltd                      3.98% 
Event-Driven Strategy                              14.04% 
Jana Offshore Partners Ltd                         4.21% 
Omni Global Fund Ltd                               4.60% 
Paulson Advantage Plus Fund Ltd                    2.26% 
York European Opportunity Unit Trust               2.97% 
Credit Strategy                                    10.62% 
Claren Road Credit Fund Ltd                        3.88% 
Marathon Special Opportunities Fund Ltd            0.74% 
R3 Capital Partners Ltd                            6.00% 
Convertible Bond Strategy                          4.86% 
Lazard Rathmore Fund Ltd                           4.86% 
Interest Rate Strategy                             4.52% 
Providence MBS Offshore Fund Ltd                   4.52% 
Multi-Strategy Funds                               17.89% 
Brevan Howard Fund Ltd                             3.80% 
Hayman Capital Offshore Partners LP                5.82% 
Millennium International Ltd                       5.21% 
QVT Overseas Ltd                                   3.06% 
Private Equity                                     0.86% 
MPM Bio Ventures II                                0.86% 
ALTIN AG                                           2.65% 
Others                                             1.77% 
TOTAL                                              116.7% 
 
 

ALTIN: a challenging third quarter

During the third quarter of 2011, global markets sold off drastically as fears over a possible Greek default and further market contagion posing a potential threat to the financial system dominated headlines. In that context, ALTIN's leverage was reduced significantly, from 125.18% to 116.7%, mainly through Convertible Bond, Event Driven and Equity Long/Short Strategies. The portfolio remains well-diversified and ready to take advantage of a potential rebound in the financial markets during the final part of the year.

ALTIN: high level of liquidity allows for flexibility

ALTIN's portfolio continues to have a majority of investments with a redemption frequency term of 3 months or less. This high level of liquidity means ALTIN is in a strong position to take advantage of attractive opportunities when they arise. Exposure to a particular investment theme can also be increased via the level of leverage allowed. This high level of flexibility means the portfolio can be reorganized in a nimble way if required and dependent on market opportunities and threats.

ALTIN: not affected by redemption issues

ALTIN is a closed-ended and fixed capital fund and as such it is not faced with redemption requests. This provides the investment manager with the opportunity to select the best risk/reward opportunities in the hedge fund universe. Investors can freely buy and sell ALTIN shares on a daily basis on the London or Swiss stock exchanges, without the need to redeem at fixed redemption dates.

For further information, please contact:

 
Investor Relations Manager   Kinlan Communications 
Marc T. Clapasson            David Hothersall 
Tel. [phone]        Tel. [phone] 
[e-mail]                [e-mail] 
 
 

Note to Editors

About ALTIN AG

ALTIN AG was launched in 1996 and is listed on the SIX Swiss Exchange as well as on the London Stock Exchange. It ranks among Switzerland's leading alternative investment companies. Currently, ALTIN is invested in more than 35 hedge funds representing diverse investment strategies. Its objective is to generate an absolute compound annual return in USD terms with lower volatility than equity markets. Owing to these characteristics and a low correlation with equity markets, ALTIN shares provide an ideal complement for all diversified portfolios.

ALTIN is managed by Alternative Asset Advisors SA, a management firm specializing in alternative investments and a member of the SYZ & CO Group.

www.altin.ch

1 Estimated NAV performance as at 30 September 2011