Analyse systematically and implement intelligently. Because quality is never an accident.
As an owner-managed investment company, we have held the values of long-term thinking, transparent communication, and flexible action for more than 20 years. Continuity and quality are of central importance to us. For this reason, Timberland provides its demanding investors full transparency with respect to the investments made. Even in the advisory stage, and certainly during the specified investment period. There are two reasons for this. We naturally want to satisfy the information needs of our clients. But the main reason is to continuously build trust in the investment decisions made by our fund management.
German Institut der Wirtschaftsprüfer awards IDW S-4 certification with no qualifications or notes
Timberland Capital AG has received an excellent assessment of its prospectus quality from the well-respected organisation “Institut der Wirtschaftsprüfer in Deutschland e.V”. This expert committee examines prospectuses to ensure that they not only contain, with reasonable assurance, the material disclosures required for making an investment decision, but that they are also clear, unambiguous and comprehensible. The disclosures required for this assessment far exceed, for example, the purely formal review for completeness required under the guidelines of the German Federal Financial Supervisory Authority (BaFin). The examining committee awarded us IDW S-4 certification on this basis without qualifications or notes in accordance with the IDW Standard “Principles for the Proper Assessment of Prospectuses for Investments Offered Publicly” issued by the Institut der Wirtschaftsprüfer in Deutschland e.V.
BaFin approves publication
The German Federal Financial Supervisory Authority (BaFin), the final competent federal authority under section 8i paragraph 2, gave its approval for publication of the Timberland Capital AG prospectus on 30 April 2009.
Expert report documents tax treatment of participation rights
Timberland Fonds commissioned an expert report on the tax considerations of the Timberland Capital AG issue of participation rights. This expert report by a well-known specialised legal firm documents the tax treatment of Timberland Capital AG participation rights. The prospectus contains a summary of the expert report by this tax consultancy firm. It is available, subject to a standard disclosure agreement with the tax consultancy firm, which we would be pleased to send to any interested party upon request.
Other Timberland Capital AG information media
In addition to these official certifications and expert documentation, we have also implemented a comprehensive information service using a variety of media. This allows different investor groups to be regularly informed based on need and interest about the various aspects of their investments.
Transparency also means being as open as possible to serious analysts and rating agencies that regularly analyse Timberland Capital AG and its funds from a wide variety of viewpoints.
A broad selection of relevant information is available for this purpose. This information is available at any time, subject to an appropriate disclosure agreement satisfying the professional requirements of the auditing and tax consultancy firms.