ONE CREATION, Cooperative for Environmental Research and the Application of Technologies related to Natural Order is the corporate name registered with the
Hereinafter, the appellations the “Cooperative” or “ONE CREATION” are used.
CONINCO Explorers in finance SA is a company which has operated for nearly 25 years in financial consulting, management audit, follow-up and supervision services, including the classification and allocation of assets and managers. It is accredited by the FINMA, Swiss supervisory authority for financial markets, in the capacity of collective investment manager.
The company is an asset value of the founder’s family, Mr. Olivier Ferrari that owns the majority share.
CONINCO Explorers in finance SA is the statutory Manager of ONE CREATION.
Who can become a
ONE CREATION associate?
How to become an associate?
What are the subscription terms?
A 1% federal tax and a 2% issue commission are added to the price of each subscribed share. Use of the issue ommission is explained in Article 7 of the articles of association.
What does ONE CREATION actually do?
How can one appreciate the return on investment in ONE CREATION’s capital?
There is no inventory value, except for an exit which must be financed, insofar as the asset value does not cover the share capital. A cooperative’s corporate share is always at its nominal value level, subject to negative economic corrections.
Are there enough listed companies in the relevant sector to be entitled to expect sound and sustainable development?
Can ONE CREATION’s results be compared to a reference index (benchmark)?
Does ONE CREATION have a charter of ethics?
What kind of active management has ONE CREATION adopted?
That Article 828 reads as follows:
“1 A cooperative is a corporate entity consisting of an unlimited number of persons or commercial enterprises who join together for the primary purpose of promoting or safeguarding the specific economic interests of the society’s members by way of collective self-help.
2 Cooperatives with a predetermined nominal capital are not permitted.”
We are therefore not engaged in a process of active management of the kind which takes place for investments made through investment funds and a clear distinction must be drawn between participations taken in listed and unlisted companies. On the basis of its stated corporate purpose, ONE CREATION manages the participations acquired by it in a long-term perspective.
In the case of listed companies, the emphasis is placed on economic entities which have shown their ability over a given period to generate stable to rising profits and proved able to distribute a dividend with a potential for growth of their contribution to sustainable development measured in terms of turnover. There are no geographical restrictions or limits on stock market capitalisation, except for reasons of risk management and to allow for the impact of stock market movements on assets and maintenance of the long-term valuation of the participations; very stringent criteria are applied to track and increase the participations held. Similarly, it is vital for the weight of each entity in the portfolio to respect a relative ratio between the different participations with none of them becoming dominant. A low level of 50% of the corporate assets in liquidation value is applied to companies of this type.
For unlisted companies, the management targets entities at the different stages of economic development. We had occasion to develop the principles applied in a previous edition of NEWS www.onecreation.org. A reservation criteria is applied to the level of each participation, i.e. a company which meets all the criteria of excellence shall not exceed when it is acquired one-twentieth of the total corporate assets stated at their liquidation value at the time of joining the company. This implies the application of lower equivalent values, so diversifying the portfolio of participations in unlisted companies. This also means that ONE CREATION includes in its development, capacities for further investments in the same companies depending on the trend in the number of new associates. In that perspective, a participation in MCE-5 can be increased automatically on favourable terms by a multiple of twice the initial investment. For these companies several highly diversified dossiers are being reviewed and represent in each case an extension of the economic sectors considered and also an increase in the number of participations which strengthen the diversification of the overall corporate assets and optimise the return on investment.
As to that return on investment, each participation acquired has its own calendar for evolution because the management emphasises entities that are capable of generating long-term dividends without excluding the possibility that some companies may be bought up or acquire a stock market listing that will bring about a substantial improvement of the economic substance of the assets held by the associates through their shares.
What qualifications does ONE CREATION rely on to be a leader of its concept?
It also calls on specific third party skills which allow it to be at the forefront in its sector.
What are the technical skills used for?
What are the advantages of taking part in ONE CREATION?