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Bllqxnei `e GXC ynxm `e NVL

Mly `e Nenxn`k Vwbkna Lccgrnei

A`e Clrxnc~ `e G}am`eig Xr`hgh Cweh

@ D`rogx Brngc

b~

Qxgsge Ond

DnexOnx Nesgqxnei

yyy%dnexonx%ald

Hnqak`ndgr Xmnq brngc nq vrlsnhgh `q ` rgqlwrag clr neclrd`xnle `eh ghwa`xnle%Xmg alexgexq rgckgax vgrqle`k sngyq `eh qmlwkh elx bg aleqxrwgh `qrgalddgeh`xnleq xl `e~ nesgqxlr ne v`rxnawk`r% G`am nesgqxlr m`q xl alehwaxhwg hnknigeag `eh hgqnie `e `igeh` x`nklrgh xl nehnsnhw`k anrawdqx`eagq%

2602 DnexOnx%ald

http://www.mintkit.com/http://www.mintkit.com/

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Qwdd`r~

@ h eh~ y`~ xl g}agk ne xmg qxlao d`rogx nq xl bggc wv `e g}am`eig xr`hgh cweh -GXC.

ynxm `e nenxn`k vwbkna lccgrnei -NVL.% B~ xmnq dg`eq+ xmg gccnangea~ `eh kleigsnx~ lc `e GXC

a`e bg blkqxgrgh b~ xmg vgvv~ vgrclrd`eag lc `e NVL%

Clr xmg bwko lc nesgqxlrq+ `e g}am`eig xr`hgh cweh nq xmg bgqx sgmnakg clr v`rxnanv`xnei ne

dlxkg~ d`rogxq r`einei crld gpwnxngq `eh blehq xl awrrgeangq `eh alddlhnxngq% Ne xgrdqlc qalvg+ `e GXC d`~ alsgr ` brl`h qy`xm qwam `q `e gexnrg nehwqxr~ lr xmg iklb`k

galeld~ `x k`rig% @ a`qg ne vlnex nq `e nehg} cweh b`qgh le xmg ck`iqmnv bgeamd`ro lc xmg

qxlao d`rogx? e`dgk~+ xmg Qx`eh`rh # Vllrq nehg} lc 766 qx`ky`rxq le xmg blwrqg%

Kllonei ne xmg lvvlqnxg hnrgaxnle+ ` alddwe`k vllk alwkh clawq le ` aldv`ax enamg%

G}`dvkgq lc xmnq qxrnvg rwe xmg i`dwx crld aldvwxgr m`rhy`rg `eh rg`k gqx`xg xl clrgnie

awrrgeangq `eh vrganlwq dgx`kq%

Ym`xgsgr xmg amlnag lc d`rogx+ xmlwim+ `e nenxn`k vwbkna lccgrnei a`e vgro wv xmg rgxwre le

` vlrxclknl% Qneag xmg `wxwde lc xmg 26xm agexwr~+ ` r`cx lc qxwhngq m`sg qmlye xm`x `e NVL

nq ylex xl lwxv`ag xmg blwrqg `q ` ymlkg hwrnei xmg cnrqx ~g`r lr xyl lc nxq hgbwx%

Le xmg hlyeqnhg+ xmlwim+ xmg b`qna gpwnxngq lc lvgr`xnei aldv`engq `rg ne igegr`k ne`vx

`q xmg d`ne sgmnakgq clr nesgqxdgex b~ xmg bwko lc vk`~grq% Xmg h`eigr kngq ne xmgswkegr`bnknx~ xl bldbqmgkkq ne gsgr~ nehwqxr~ r`einei crld dnenei `eh qmnvvnei xl qlcxy`rg

`eh b`eonei% Xmg dge`ag qvrneiq crld ` c`ax lc kncg ymnam nq nielrgh b~ xmg qndvknqxna

dlhgkq lc cne`ean`k galeldnaq% Ne xmg rg`k ylrkh+ aldv`engq lc `kk qxrnvgq xrnv wv `eh il

bwqx `kk lc ` qwhhge+ lr c`hg lwx `eh hng lcc ne qkly dlxnle%

B~ alexr`qx+ `e nehg} cweh nq dwam dlrg knogk~ xl kg`h ` klei `eh vrlhwaxnsg kncg% Xmg

kleigsnx~ lc xmg sgqqgk qvrneiq crld xmg ag`qgkgqq vrlagqq lc rgegy`k `q xmg ck`iinei

dgdbgrq lc xmg v`exmgle `rg rgvk`anei b~ xmg rnqnei qx`rq ne xmg d`rogxvk`ag% Clr xmnq

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rg`qle+ xmg bgqx alwrqg clr xmg vrwhgex nesgqxlr nq xl cweegk dlqx lr `kk lc xmgnr q`sneiq nexl

alddwe`k vllkq b`qgh le d`rogx bgeamd`roq%

Le ` egi`xnsg elxg+ ` d`rogx nehg} nq ylex xl xr`ao xmg gqx`bknqmgh cnrdq ynxmne ` v`rxnawk`r

hld`ne% Ne xm`x a`qg+ xmg alrrgqvlehnei cweh ynkk alex`ne knxxkg lr elxmnei ne xmg y`~ lc egyblre sgexwrgq%

Le xmg wvqnhg+ xmlwim+ xmg crgqm$c`agh qxlaoq xgeh xl lwxv`ag xmgnr lkhgr vggrq? `eh

knogynqg lwxrwe xmg blwrqg `q ` ymlkg% Clr xmnq rg`qle+ ` a`ee~ nesgqxlr a`e vgro wv xmg

rgxwre le nesgqxdgex b~ ckgqmnei lwx ` vrnd`r~ vlqnxnle ne `e GXC ynxm ` qgaleh`r~ qx`og ne

leg lr dlrg ckghiknei qxlaoq ynxmne xmg q`dg enamg%

Clr xmg q`og lc aleargxgegqq+ yg g}`dneg xmgqg nhg`q b~ y`~ lc `e GXC ne xmg gegri~

qgaxlr `klei ynxm g}`dvkgq lc NVLq ne xmg x`rigx hld`ne% Xmg a`qg qxwh~ neslksgq `e nehg}

cweh clr ` d`qxgr kndnxgh v`rxegrqmnv -DKV.+ ` x~vg lc sgmnakg ymnam nq mnimk~ qwnxgh clr

xmg qlbgr nesgqxlr bgex le qlweh rgxwreq `x kly rnqo% Ne xmnq alregr lc xmg qxlao d`rogx+ xmg

qx`eh`rh bg`rgr kngq ne `e g}am`eig xr`hgh cweh xm`x xr`hgq wehgr xmg xnaogr q~dblk lc

@DKV %

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* * *

@ encx~ y`~ xl g`re qwvgrnlr rgxwreq ne xmg qxlao d`rogx nq xl clrxnc~ `e g}am`eig xr`hghcweh ynxm `e nenxn`k vwbkna lccgrnei% Ne xmnq y`~+ xmg blleq lc gccnangea~ `eh kleigsnx~ lccgrgh

b~ `e GXC a`e bg blkqxgrgh b~ xmg snilr `eh vlxgexn`k lc `e NVL%

Clr xmg s`qx d`jlrnx~ lc nesgqxlrq+ `e g}am`eig xr`hgh cweh nq xmg bgqx sgmnakg clr

v`rxnanv`xnei ne qwehr~ d`rogxq r`einei crld qxlaoq `eh blehq xl awrrgeangq `eh

alddlhnxngq% Ne qldg a`qgq+ `e GXC dnimx bg brl`h$b`qgh% @e g}`dvkg lc xmg k`xxgr nq `e

nehg} cweh irlwehgh le ` kg`hnei bgeamd`ro lc xmg qxlao d`rogx `q ` ymlkg%

Ne lxmgr a`qgq+ ` alddwe`k vllk alwkh clawq le ` e`rrly cngkh% @ a`qg ne vlnex nq `e

g}am`eig xr`hgh cweh hg`knei ynxm rg`k gqx`xg+ vrganlwq dgx`kq+ lr dghna`k xlwrnqd%

Ym`xgsgr xmg amlnag lc d`rogx+ xmlwim+ `e nenxn`k vwbkna lccgrnei a`e qgrsg `q `e `hjweax xl

` vrnd`r~ vlqnxnle ne `e nehg} cweh% @q ` b`aohrlv+ ` mlqx lc qxwhngq lsgr xmg hga`hgq

m`sg qmlye xm`x `e NVL nq vrleg xl lwxv`ag xmg qxlao d`rogx `q ` ymlkg hwrnei xmg cnrqx

~g`r lr xyl lc nxq rlkklwx% Xmg snilr lc xmg hgbwx`ex `kql qmlyq wv ne qd`kkgr enamgq r`einei

crld a`vnx`k gpwnvdgex xl aleqwdgr vrlhwaxq%

B~ alexr`qx xl vlvwk`r ynqhld+ xmg `xldna qxlaoq lc lvgr`xnei cnrdq `rg weqwnx`bkg clr xmg

d`qq lc nesgqxlrq% Xmg gpwnxngq `rg vrlbkgd`xna rgi`rhkgqq lc xmg bwqnegqq+ ymgxmgr xmg

wehgrk~nei cnrd m`vvgeq xl xr`ccna ne dnenei lr rgcnenei+ b`eonei lr rgx`nknei%

Xmg bwibg`r qxgdq crld ` irnd c`ax lc kncg ymnam nq qygvx wehgr xmg rwi b~ xmg xr`hnxnle`k

dlhgkq lc cne`ean`k galeldnaq% Xl ynx+ xmg klx lc `kk aldv`engq nq xl irly lkh `eh aleo lwx

qllegr lr k`xgr% Xmg lwxxwre nq xl aklbbgr xmg qm`rgmlkhgrq yml geh wv mlkhnei xmg b`i lc

ylrxmkgqq qxlaoq%

B~ alexr`qx+ ` alddwe`k vllk b`qgh le ` d`rogx bgeamd`ro nq dwam dlrg knogk~ xl

gehwrg `eh gsge cklwrnqm clr hga`hgq le geh% Clr xmnq rg`qle+ xmg rnimx dlsg clr xmg d`qq

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lc nesgqxlrq nq xl qmwex dlqx lr `kk lc xmgnr q`sneiq nexl nehg} cwehq% Ne xmg k`xxgr a`xgilr~+

xmg dlqx sgrq`xnkg `eh alesgengex vllkq x`og xmg clrd lc g}am`eig xr`hgh cwehq%

Ne kneg ynxm g`rkngr rgd`roq+ `e nehg} cweh d`~ alsgr ` brl`h g}v`eqg qwam `q `e gexnrg

qgaxlr lr alwexr~% Lr xmg rni alwkh x`rigx ` e`rrly v`xam qwam `q ` v`rxnawk`r nehwqxr~ lr alddlhnx~%

Le ` egi`xnsg elxg+ ` bgeamd`ro lc xmg d`rogx xgehq xl alsgr xmg gqx`bknqmgh cnrdq ynxmne

xmg cngkh lc nexgrgqx% Clr xmnq rg`qle+ xmg alrrgqvlehnei GXC nq `vx alex`ne knxxkg lr elxmnei ne

xmg y`~ lc egyblre sgexwrgq%

gx+ xmg ckghiknei cnrdq xgeh xl lwxqneg xmgnr lkhgr rns`kq ynxmne xmg q`dg enamg `q ygkk `qxmg qxlao d`rogx `q ` ymlkg% Clr xmnq rg`qle+ xmg `hgvx nesgqxlr a`e bggc wv xmg rgxwre le

nesgqxdgex b~ ckgqmnei lwx ` mgcx~ vlqnxnle ne `e GXC ynxm ` qkgehgr qx`og ne leg lr dlrg

NVLq ynxmne xmg q`dg cngkh%

Clr xmg q`og lc aleargxgegqq+ yg g}`dneg xmgqg nhg`q ne xmg alexg}x lc `e GXC ne xmg

gegri~ qgaxlr `klei ynxm cnxxnei g}`dvkgq lc NVLq ne xmg x`rigx d`rogx% Ne v`rxnawk`r+ xmg

a`qg qxwh~ hg`kq ynxm `e nehg} cweh clr ` d`qxgr kndnxgh v`rxegrqmnv+ ` x~vg lc sgmnakg

ymnam nq mnimk~ qwnxgh clr xmg igewneg nesgqxlr% Xmg kg`hnei knimx ne xmnq alregr lc xmg blwrqg

nq `e g}am`eig xr`hgh cweh xm`x xr`hgq wehgr xmg b`eegr lc @DKV %

D`qxgr Kndnxgh V`rxegrqmnv

@d`qxgr kndnxgh v`rxegrqmnv -DKV. nq ` kndnxgh v`rxegrqmnv ymlqg qm`rgq `rg xr`hgh le `

qxlao g}am`eig% Clr xmg vrlqvgaxnsg nesgqxlr+ xmg d`ne `xxr`axnle lc xmg sgmnakg kngq ne xmgkwqanlwq ckly lc hnsnhgehq+ ymlqg ~ngkh a`e rg`am c`r ne g}agqq lc 7' ` ~g`r%

@e DKV a`e lek~ gei`ig ne agrx`ne x~vgq lc axnsnx~ `kklygh b~ ilsgredgex rgiwk`xnleq%

Xmg olqmgr dlhgq lc bwqnegqq `rg qmlya`qgh b~ xmg g}xr`axnle `eh xr`eqvlrx lc e`xwr`k

rgqlwragq qwam `q arwhg lnk lr e`xwr`k i`q% Ne qldg a`qgq+ ` kndnxgh v`rxegrqmnv ne xmg

rg`kd lc rg`k gqx`xg alwkh `kql bg qxrwaxwrgh `q `e DKV%

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@ d`qxgr kndnxgh v`rxegrqmnv v`~q lwx `x kg`qx >6' lc nxq g`reneiq xl xmg qm`rglyegrq+

lxmgrynqg oelye `q wenx mlkhgrq% Clr xmnq rg`qle+ xmg qgxwv nq ` vlvwk`r amlnag `dleiqx

nesgqxlrq yml y`ex xl qgawrg ` kwqm qxrg`d lc nealdg b~ y`~ lc hnsnhgeh v`~dgexq%

Le xmg hlyeqnhg+ xmlwim+ `e DKV aldgq ynxm ` bni mg`h`amg clr xmg qm`rgmlkhgr ymgexmg xndg aldgq clr cnkknei lwx xmgnr x`} rgxwreq gsgr~ ~g`r% Xmg vlxmgr qvrneiq crld xmg

m`qqkg neslksgh ne aldvk~nei ynxm `e `ra`eg qgx lc `aalwexnei rwkgq% Clr xmnq rg`qle+ `e

nesgqxlr yml m`q bgxxgr xmneiq xl hl xm`e jwdv xmrlwim xrnao~ mllvq clr xmg x`}d`e lwimx

xl `slnh xmnq x~vg lc `qqgx ynxmne ` rgiwk`r vlrxclknl%

Neqxg`h+ ` bgxxgr dlsg b~ c`r nq xl aleqnhgr `e DKV lek~ `q ` a`ehnh`xg clr ` qmgkxgrgh

vlrxclknl% @ vk`ne g}`dvkg lc xmg k`xxgr kngq ne `e nehnsnhw`k rgxnrgdgex `aalwex -NR@. ymnamm`vvgeq xl bg nddweg crld xmg b`eg lc x`}gq le g`reneiq% Ne xm`x a`qg+ xmg ynk~ nesgqxlr

a`e b~v`qq xmg bwq~ylro `qqlan`xgh ynxm ` d`qxgr kndnxgh v`rxegrqmnv%

Bgeamd`ro `eh Nehg} Cweh

Ne 2663 ` bgeamd`ro hg`knei ynxm d`qxgr kndnxgh v`rxegrqmnvq y`q wesgnkgh b~ @kgrn`e+ `

vwrsg~lr lc d`rogx neclrd`xnle% Xmg DKV Necr`qxrwaxwrg Nehg} alsgrq qalrgq lc vrldnegex

e`dgq ne xmg gegri~ qgaxlr% Xmg ~`rhqxnao xr`aoq xmg `sgr`ig vrnag lc xmg qxlaoq+ ygnimxgh

b~ xmg a`vnx`knz`xnle lc xmg qm`rgq `s`nk`bkg clr xr`hnei b~ xmg igegr`k vwbkna%

Clwr ~g`rq ley`rh+ `e lvgr`xlr lc nesgqxdgex vllkq e`dgh @KVQ Cweh Qgrsnagq

k`weamgh `e g}am`eig xr`hgh cweh b`qgh le xmg @kgrn`e nehg}% Xmg xr`aonei cweh xr`hgq

le xmg W%Q% blwrqg wehgr xmg a`kk qnie lc @DKV %

Leg `hs`ex`ig lc hg`knei ynxm `e GXC r`xmgr xm`e ` hnrgax qx`og ne xmg aleqxnxwgex qxlaoq

qxgdq crld xmg rgk`xnsg g`qg lc hg`knei ynxm xmg x`} nqqwgq% Dlrg vrganqgk~+ xmg hnsnhgeh

v`~dgexq `eh a`vnx`k i`neq hwg xl xmg nehg} cweh a`e bg m`ehkgh ne xmg q`dg y`~ `q xmg

rlwxneg clr `e lrhne`r~ qxlao knqxgh le xmg blwrqg%

Le ` egi`xnsg elxg+ mlygsgr+ xmg qxgy`rhq lc xmg xr`aonei cweh kgsngh ` d`nexge`eag cgg

lc 6%=7' ` ~g`r lc xmg `qqgxq wehgr d`e`igdgex% Qwam ` mgcx~ kl`h dnimx d`og ` klx lc

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qgeqg clr `e nehg} cweh hg`knei ynxm `e g}lxna d`rogx% @e g}`dvkg lc xmg k`xxgr nq `e

lbqawrg blwrqg xwaogh `y`~ ne ` rgdlxg alregr lc xmg vk`egx%

Le xmg lxmgr m`eh+ ` d`qxgr kndnxgh v`rxegrqmnv nq rg`hnk~ `s`nk`bkg xl `e~ nesgqxlr yml

m`q `aagqq xl xmg W%Q% d`rogx% Dlrglsgr xmg bwqnegqq xm`x wehgrvneq `e DKV nq `vx xl bgdlrg qx`bkg xm`e xmg `sgr`ig aleagre knqxgh le xmg blwrqg%

Insge xmnq b`aohrlv+ `e nesgqxlr bkgqqgh ynxm ` qnz`bkg vlrxclknl d`~ vrgcgr xl b~v`qq xmg

nehg} cweh gexnrgk~% Nc xmg i`dgr nq ynkknei xl dlenxlr xmg @kgrn`e nehg} q`~+ le ` pw`rxgrk~

b`qnq ymnkg wvh`xnei xmg `aalwex `aalrhneik~+ ` alqx$gccgaxnsg vkl~ nq xl nesgqx hnrgaxk~ ne

` m`ehcwk lc `xldna qxlaoq xr`aogh b~ xmg d`rogx bgeamd`ro%

Nenxn`k Vwbkna Lccgrnei

Crld ` aleagvxw`k qx`eag+ `e GXC `eh `e NVL `rg elx dwxw`kk~ g}akwqnsg ynhigxq% Xl

brnei wv `e g}`dvkg+ `e nehg} cweh alwkh xr`ao ` ~`rhqxnao lc egyblre qxlaoq hwrnei xmg

cnrqx alwvkg lc ~g`rq lc xmgnr gexr~ nexl xmg `rge`%

Ne vr`axnag+ xmlwim+ `e nehg} cweh nq knogk~ xl alex`ne cgy nc `e~ ~lwxmcwk cnrdq knqxgh le

xmg qxlao g}am`eig% Xmg rg`qle nq xm`x xmg bgeamd`roq xgeh xl clawq le xmg qx`ky`rxq

ynxmne xmgnr rgqvgaxnsg cngkhq%

B~ alexr`qx+ xmg d`jlrnx~ lc egyblre qxlaoq `rg knimxygnimx `q ygkk `q wevrlsge% @q `

rgqwkx+ xmg irggemlreq `rg r`rgk~ nehwaxgh nexl xmg anrakg lc bniyniq alsgrgh b~ xmg

~`rhqxnaoq%

Ne kneg ynxm g`rkngr rgd`roq+ xmg d`ne hr`y lc `e GXC kngq ne nxq rlbwqxegqq% Le xmg lxmgr

m`eh+ xmg kwrg lc `e NVL qvrneiq crld nxq snd gqvgan`kk~ lsgr xmg cnrqx alwvkg lc ~g`rq%

Qneag xmg `wxwde lc xmg 26 xmagexwr~+ ` ygkxgr lc qxwhngq m`sg qmlye xm`x ckghiknei qxlaoq

hwrnei xmg cnrqx ~g`r lr xyl lc xmgnr hgbwx xgeh xl lwxv`ag xmg blwrqg `q ` ymlkg% @e

g}`dvkg k`~ ne ` qwrsg~ lc vwbkna lccgrneiq ne Gwrlvg lsgr xmg vgrnlh crld 0>>3 xl 2606% Ne

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7/31/2019 Boosting an ETF With an IPO

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xmg q`dvkg wehgr rgsngy+ qldg lc xmg q`vknei cnrdq ygrg b`aogh b~ sgexwrgq a`vnx`knqxq

ymnkg lxmgrq ygrg elx%

Xmg xrlwvg lc aldv`engq qwvvlrxgh b~ sgexwrg a`vnx`k neakwhgh 137 e`dgq% Le `sgr`ig+

xmnq almlrx lwxv`agh xmg bgeamd`roq lc xmg d`rogx b~ =%88' hwrnei xmg cnrqx 276 h`~q lc xr`hnei% Xmg k`xxgr xndgqv`e m`vvgeq xl bg rlwimk~ gpwns`kgex xl ` qneikg ~g`rq ylrxm lc

`axnle ne xmg qxlao d`rogx%

B~ alexr`qx+ xmg k`rigr xmrlei lc aldv`engq ymnam m`h el b`aonei crld sgexwrg a`vnx`knqxq

hnh elx c`rg `q ygkk% Xmg cnrdq ynxmlwx qwvvlrx crld xmg vrlcgqqnle`k v`xrleq ygrg `vx xl

xr`nk bgmneh xmg al`amgh vk`~grq b~ ` dlhgqx `dlwex% Hgqvnxg xmg yg`ogr qmlynei+

xmlwim+ xmg k`iigrq le `sgr`ig qxnkk d`e`igh xl bg`x xmg d`rogx bgeamd`roq b~ ` cgyvgragex hwrnei xmg cnrqx ~g`r lc xmgnr k`weam le xmg blwrqg -Bgqqkgr `eh Qgnd+ 2600.%

Ne ` ewxqmgkk+ xmg illh egyq nq xm`x blxm x~vgq lc rllongq ymgxmgr b`aogh b~ sgexwrg

a`vnx`k lr elx lwxv`agh xmg bgeamd`roq lc xmg d`rogx% Xmnq qxwh~ alecnrdgh xmg dl}ng lc

xmg NVL `q ` crlex$rweegr ne xmg qxlao d`rogx%

Ne xmg eg}x qgaxnle+ yg aldv`rg xmg vgrclrd`eag lc `e GXC `i`neqx ` akwxam lc NVLq ne xmg

q`dg hld`ne ynxmne xmg cnrqx ~g`r lr xyl lc xmgnr k`weam% Xmg sniegxxg hg`kq ynxm ` vlrxnle

lc xmg blwrqg ymnam m`vvgeq xl bg dlrg xr`epwnk xm`e xmg `sgr`ig enamg%

Crld ` k`rigr qx`eag+ xmg qxlaoq lc aldv`engq xm`x nqqwg klxq lc hnsnhgehq xgeh xl bg kgqq

slk`xnkg xm`e xmgnr qxnei~ rns`kq% Ne xmnq alexg}x+ ` d`qxgr kndnxgh v`rxegrqmnv nq el g}agvxnle

xl xmg rwkg% Xm`eoq xl xmg vkwdv v`~lwxq+ `e DKV nq `vx xl bg dlrg hgdwrg xm`e xmg bwko

lc gpwnxngq knqxgh le xmg blwrqg%

Aldv`rnqle lc xmg Nehg} Cweh `eh NVL Q`dvkg

Xmg vgrclrd`eag lc xmg alddwe`k vllk `eh xmg qlknx`r~ qxlaoq nq qvlxknimxgh b~ xmgnr

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02

http://www.mintkit.com/cruddy-information-exchange-traded-fundshttp://www.mintkit.com/cruddy-information-exchange-traded-fundshttp://www.mintkit.com/beat-investment-fundshttp://www.evca.eu/uploadedFiles/News1/News_Items/2011-03-07_PR_EVCA_VC_IPO_Europe_Study_BesslerSeim.pdfhttp://www.evca.eu/uploadedFiles/News1/News_Items/2011-03-07_PR_EVCA_VC_IPO_Europe_Study_BesslerSeim.pdfhttp://www.evca.eu/uploadedFiles/News1/News_Items/2011-03-07_PR_EVCA_VC_IPO_Europe_Study_BesslerSeim.pdfhttp://en.wikipedia.org/wiki/Master_limited_partnershiphttp://www.mintkit.com/cruddy-information-exchange-traded-fundshttp://www.mintkit.com/cruddy-information-exchange-traded-fundshttp://www.mintkit.com/beat-investment-fundshttp://www.evca.eu/uploadedFiles/News1/News_Items/2011-03-07_PR_EVCA_VC_IPO_Europe_Study_BesslerSeim.pdfhttp://www.evca.eu/uploadedFiles/News1/News_Items/2011-03-07_PR_EVCA_VC_IPO_Europe_Study_BesslerSeim.pdfhttp://en.wikipedia.org/wiki/Master_limited_partnership

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* * *

Og~ylrhq:

GXC+ NVL+ G}am`eig Xr`hgh Cwehq+ Nehg}+ Lnk+ I`q+ Qxlao+ D`rogx+ Gegri~+ DKV+ Nealdg+

@DKV+ Nesgqxnei+ Hnsnhgeh+ Rnqo+ Rgxwre+ Rgxnrgdgex+ NR@

01