Posts Tagged ‘Dexia Microfinance Fund’

By Matthew Fuchs Microfinance Focus, Jan. 20, 2010: Despite a challenging investment climate in 2009 the Dexia Microcredit Fund (DMCF), posted returns in excess of average LIBOR plus 100 bps for all asset classes. Return on investment for the USD asset class for 2009 was 2.33%, according to the DMCF monthly investor' update for December. According to BlueOrchard, the fund made a small new provision against a ... Full story

By Matthew Fuchs Microfinance Focus, Dec. 15, 2009: Dexia Microcredit Fund (DMCF) posted slightly negative returns in November due to continued provisioning against loans to microfinance institutions in Nicaguara, according to fund manager BlueOrchard. The fund declined 0.04% during November but year-to-date performance remains on track, says BlueOrchard in its monthly report. The microfinance sector in Nicaragua has been affected significantly by the international financial crisis, which ... Full story