Page 6 - Amigoe Aruba
P. 6
6 ZATERDAG AMIGOE
26 MAART 2016
)XQGDVKRQ.XOWXUDO6H~.zUVRX
7KH*UDQ0DUFKDGL6H~>JUDQGSURFHVVLRQ@LQ&XUDoDRWDNHVSODFH
HDFK\HDU7KLVJUHDWIHDVWEHJDQDVDKDUYHVWIHDVWEXWKDVVLQFH
JURZQLQWRDODUJHIHVWLYDO7KHILUVW0DUFKDGL6H~LQ:LOOHPVWDGWRRN
SODFHLQ,QWKRVHGD\VWKHUHZHUHVPDOOJURXSVZLWKDURXQG
SDUWLFLSDQWV7RGD\WKHUHDUHWKRXVDQGVRISHRSOHZKRSDUWLFLSDWH
7KHUHDUHJURXSVWKLV\HDU7KH0DUFKDGL6H~LQ:LOOHPVWDGZLOO
WDNHSODFHRQ0RQGD\0DUFKWKDQGLQ%DQGDERXRQ$SULOWK
%\-XGLFH/HGHERHU SHRSOH IURP WKH VRFLRHFRQRPLFDOO\ GLVDGYDQWDJHG ]RQHV DQG
DUHDV´
6H~KDVEHFRPHDELJIHVWLYDOZKLFKLVRUJDQL]HGE\)XQGDVKRQ
.XOWXUDO6H~.zUVRX7KHFKDLUPDQRIWKLVIRXQGDWLRQLV3DFKHFR ³+RZHYHU6H~LVQRWMXVWDFRORUIXOIHDVWEXWWKHLGHDRIGHYHORS
'RPDFDVVp7KHFXOWXUDOKHULWDJHLVNHSWE\RUJDQL]LQJWKH6H~ PHQWLQDFWLRQSOD\VDODUJHUROH7KHXQGHUO\LQJDVVXPSWLRQLVWKH
HYHU\\HDUDQGE\WKHLQYROYHPHQWRIWKHSHRSOH7KH)RXQGDWLRQ EDVLFUHDOLW\WKDWKXPDQFXOWXUHLVWKHFDUULHUDQGWKDWDQ\IRUP
NHHSVDQH\HRQWKHIRUPDWLRQRIJURXSVJLYHVDGYLFHDQGWDNHV RIFXOWXUHSURPRWLRQVKDOOEHGLUHFWHGWRZDUGVWKHKXPDQVRXOLWV
FDUHRIWKHILQDQFLDODVSHFWRIWKH)HVWLYDO,QWKHUXQXSWRWKH EHKDYLRUSDWWHUQDQGLWVZD\RIOLIH7KHZD\LQZKLFKWKDWIRUPLV
JUDQGSURFHVVLRQRQ0DUFKWKDOOVRUWVRIRWKHUIHVWLYLWLHVWDNH H[SUHVVHGLVE\EHLQJFUHDWLYHLQPXVLFDQGVLQJLQJWKHWKHDWHU
SODFHVXFKDVWKH0DUDPHQWXGL/HQVX>+HDGVFDUI7\LQJ&RQWHVW@ OLWHUDWXUHDQGH[SUHVVLRQ$QGDOORIWKLVLVUHIOHFWHGLQWKHSUHSD
WKH5HLQD>4XHHQ@GL6H~SDJHDQWWKH.DQWDGR0D\yFRQWHVWWR UDWLRQVIRUWKH6H~DQGWKHDFWLYLWLHVGXULQJWKHHQWLUHIHVWLYDO´
GHWHUPLQHWKHZLQQLQJURDGPDUFKVRQJWKH0DUFKDGL6H~LQ:LO 7KLVLVZULWWHQLQWKHSROLF\YLVLRQRIWKHIRXQGDWLRQ
OHPVWDGDQGWKH0DUFKDGL%iQGDERX7KH)RXQGDWLRQGHFLGHG
RQWKHVHIHVWLYLWLHVRQSXEOLFUHTXHVW³,WLVFOHDUWKDWSHRSOHDUH 7KH6H~LVDOVRVHHQDVIHUWLOHJURXQGLQZKLFKVRFLDODQGFXOWXUDO
UHVSRQVLEOHIRUWKHGHYHORSPHQWRIWKLVIHVWZKLFKWRGD\LVPRUH OHDGHUVFDQGHYHORSLQDQDWXUDOZD\,QWKHGLVWULFWVSHRSOHDF
WKDQDKDUYHVWIHVW´VD\V'RPDFDVVp WLYHO\ZRUNWRPRELOL]HRWKHUVWRSDUWLFLSDWHLQWKHKDUYHVWIHVWLYDO
7KH SDUWLFLSDWLQJ JURXSV VRPHWLPHV FRQVLVW RI HQWLUH IDPLOLHV
6H~ GDWHV IURP WKH WLPH ZKHQ WKHUH ZHUH VWLOO D ORW RI IDUPHUV \RXQJDQGROG7KHSUHSDUDWLRQSKDVHWDNHVDOPRVWVL[PRQWKV
DQGOLYHVWRFNKROGHUVRQWKHLVODQG)LYHPRQWKVDIWHUWKHUDLQ\ )XQGUDLVLQJ DFWLYLWLHV DUH RUJDQL]HG FRVWXPHV DUH PDGH DQG
VHDVRQLQ1RYHPEHUWKHVRZLQJZDVIROORZHGE\WKHKDUYHVWLQ WKHUHDUHWUDLQLQJVHVVLRQVRQFKRUHRJUDSK\%HLQJWRJHWKHUDQG
VSULQJWLPH7KHSHRSOHWKDQNHG*RGWKDWWKHUHKDGEHHQUDLQWKDW RUJDQL]LQJWKHIHVWLYDOJLYHVHYHU\RQHSDUWLFXODUO\WKH\RXWKDQG
WKHVHHGVKDGEHHQUHOHDVHGDQGWKDWWKHFURSVKDGJURZQ$QG WKH \RXQJ SHRSOH WKH FKDQFH WR GHYHORS EHFDXVH RI WKH\ JHW
WKLVKDGWREHFHOHEUDWHG6WDUWLQJWKRVHGD\VWKHKDUYHVWIHDVW WUDLQHGLQJURXSGLVFLSOLQHWKHVRFLDODVSHFWNQRZOHGJHFRQFHUQ
KDVEHHQWDNLQJSODFHHDFK\HDU7KHIRXQGDWLRQZDVHVWDEOLVKHG LQJRQH¶VGXW\VHOIPRWLYDWLRQWKHVHQVHRIRUJDQL]DWLRQOHDGHU
ZKHQWKH6H~QHHGHGPRUHVWUXFWXUH7KHUHDUHUXOHVFRQFHUQLQJ VKLSSHUVHYHUDQFHFRQILGHQFHDQGEHLQJDJRRGFLWL]HQ
WKHPDNLQJRIWKHFRVWXPHVDQGWKHIRXQGDWLRQFRQWULEXWHVZLWK
WKHWUDLQLQJRIWKHFKRUHRJUDSK\ 3UHVHUYLQJWKH6H~LVRIJUHDWLPSRUWDQFHEHFDXVHLWLVWKHFXO
WXUDO KHULWDJH RI WKH SHRSOH$QG LW LV LQ WKLV VSLULW WKDW RQH FDQ
'XULQJWKHSURFHVVLRQWKHSDUWLFLSDQWVZHDUFRORUIXOFORWKHVDQG NHHSEXLOGLQJRQWKHIRXQGDWLRQWKDWZDVODLGLQWKHSDVWE\DQG
FDUU\LWHPVKDYLQJWRGRZLWKWKHKDUYHVWLQJRIFURSV(DFK\HDU IRUWKHSHRSOH
WKHSDUDGHLVPRUHFRORUIXO2WKHUEDVLFDVSHFWVDUHPXVLFDQG
GDQFH 7KHURXWHRIWKH3DUDGHLQ:LOOHPVWDG
3OD]D)'5RRVHYHOWZHJ3DUDGHLV3DOX%ODQNX5RWRQGH+DULUL
³6H~LVWKH)HVWLYDORIWKHSHRSOH´VD\VWKHFKDLUPDQRIWKHIRXQ 0DUFKHQD+DEDDL3ODQWHUVUXVW9DQ(\FNYDQ9RRUWKX\]HQZHJ
GDWLRQ³1RZDGD\VLWLVDIXVLRQRIDQFLHQWFXOWXUHVZLWKWKHFXOWXUH (NVWHQVKRQGL(\FNYDQ9RRUWKX\]HQZHJ5RRGHZHJ%UHHGHV
RIWKH\RXQJSHRSOHLQWKH\HDU2YHURIWKHSDUWLFLSDQWV WUDDW3ODVD%ULRQ
DUH\RXQJSHRSOH7KH)HVWLYDOLVTXLWHYDOXDEOHEHFDXVHLWLVWKH 7KH URXWH RI WKH %DQGDERX SDUDGH VWDUWV RXW DW +zIL$ERX DQG
RQO\VRFLRFXOWXUDOKDSSHQLQJWKDWPRELOL]HVSHRSOHLQSDUWLFXODU HQGVDWWKHILHOGRI%DUEHU
,1 6327 /,*+7 :K\.LGV1HHG
WR([SHULHQFHWKH2XWGRRUV
&DUYLQ6HUYDQLD
7KH%ULGJH$WWHQGDQW .LGV WRGD\ DUH VSHQG
LQJ OHVV WLPH RXWGRRUV
+DYH\RXHYHUZRQGHUHGZKRJHWVRXUEHDX GXH WR DQ LQFUHDVLQJ
WLIXO4XHHQ(PPD%ULGJHPRYLQJ":KRULQJV IRFXV RQ DFDGHPLFV DW
WKHEHOO"'RHVLWDOOKDSSHQDXWRPDWLFDOO\" VFKRRODQGWKHLQIOXHQFH
RI WHFKQRORJ\ DW KRPH
DQGHYHU\ZKHUH
%\*HQLH)OHWFKHU
%\-DGH0DPEUH <HWWRRPXFKWLPHVSHQWSOD\LQJ
YLGHR JDPHV DQG D ODFN RI UH
7KHUH¶V D VLPSOH DQVZHU WR WKRVH TXHVWLRQV %HVLGHVPDQDJLQJWKHEULGJH&DUYLQDOVRFKDQJ FHVVDWVFKRROLVWDNLQJDWROORQ SOLVKJRDOV RXWGRRUH[SHULHQFHVFDQFKDQJH
EULGJHDWWHQGDQWV&DUYLQ6HUYDQLD>@LVRQHRI HVWKHURSHVRIWKHIODJVZKHQQHHGHG³<RXJHW WKH FKLOGKRRG H[SHULHQFH 2EH ([SRVLQJNLGVWRVDIHULVNVVXFK D FKLOG¶V ZRUOG YLHZ E\ VKRZLQJ
WKHP%HVLGHVEHLQJDEULGJHDWWHQGDQWKH¶VLVD WRNQRZPDQ\SHRSOHDQG\RXOHDUQWRVSHDND VLW\ EHKDYLRUDO SUREOHPV DQG DV ZLQGVXUILQJ DOVR GHYHORSV WKHPWKHLPSRUWDQFHRIFDULQJIRU
YHU\DFWLYHSHUVRQZKRSOD\VVRIWEDOOIRRWEDOODQG OLWWOHELWRIHYHU\ODQJXDJH´%HLQJLQVLGHWKHOLWWOH ORZ VHOIHVWHHP DUH MXVW D IHZ VHOIFRQILGHQFH UHJDUGLQJ WKHLU WKHLUHQYLURQPHQW
GUDJUDFLQJ$VDFKLOG&DUYLQXVHGWRH\HWKHILUH KRXVH DW DOO WLPHV LV YHU\ LPSRUWDQW HVSHFLDOO\ LVVXHV WKDW KDYH EHHQ SRSSLQJ DELOLW\ WR WDFNOH QHZ FKDOOHQJHV :DWHUVSRUWVKLNLQJDQGFDPSLQJ
PDQSURIHVVLRQ+HKDGDYLVLRQRIKLPVHOIKHOSLQJ ZKHQ KH¶V QHHGHG IRU RSHQLQJ DQG FORVLQJ WKH XS GXULQJ WKH SDVW IHZ \HDUV 'XULQJ WKHLU RXWGRRU SOD\ NLGV DUHDOODFWLYLWLHVWKDWFDQWHDFKNLGV
SHRSOH%XWKHVWXGLHGPHFKDQLFVDQGWKHQJDYH EULGJH%XWKRZGRHV&DUYLQNQRZWKDWKHQHHGV )RUWXQDWHO\VSHQGLQJMXVWDIHZ ZLOO RIWHQ EH H[SRVHG WR VLWXD WRUHVSHFWWKHSRZHURIQDWXUHDQG
WKHEULGJHDWWHQGDQWSURIHVVLRQDWU\E\VLPSO\DS WRRSHQWKHEULGJH"$QHPSOR\HHDW)RUW1DVVDX KRXUVRXWVLGHHDFKGD\FDQSUR WLRQVWKDWHQDEOHWKHPWRGHYHORS OHDUQWRLQWHUDFWZLWKLQDQDWXUDOHQ
SO\LQJ IRU WKH MRE 1RZ KH LV HQMR\LQJ LW ZLWKRXW FRQWDFWVKLPDQGWHOOVKLPWRRSHQDQGFORVHWKH YLGH NLGV ZLWK EHQHILWV WKDW ZLOO SUREOHPVROYLQJ VNLOOV VXFK DV YLURQPHQWZKLOHDOVRVWD\LQJVDIH
DQ\WKRXJKWRIOHDYLQJ,QIDFWRQ0D\VW EULGJH7KHEULGJHZRQ¶WEHRSHQHGIRUDOOERDWV HQKDQFH WKHLU RYHUDOO SK\VLFDO GHFLGLQJKRZWRFRQTXHUDURSHV $GGLWLRQDOO\ ERWK JURZLQJ D JDU
KHZLOOFHOHEUDWHKLV\HDUDQQLYHUVDU\ DQGERDWVDUHQRWILUVWQRWLFHGZKHQWKH\DUULYHDW DQGPHQWDOZHOOEHLQJ FRXUVH GHQDQGFDULQJIRUDQLPDOVSURYLGH
6W$QQDEDDLZKLFKLVZKHUHRXUEHDXWLIXO4XHHQ DZD\IRUNLGVWROHDUQPRUHDERXW
7R JHW WKH MRE &DUYLQ KDG WR IROORZ ILUVW DLG OHV (PPD %ULGJH LV VLWXDWHG 7KH\ DUH QRWLFHG ZD\ 6WUHQJWKHQHG,PPXQH 6WUHVV0DQDJHPHQW VFLHQFHZKLOHGHYHORSLQJDVHQVH
VRQV FODVVHV LQ UDGLR WUDQVPLVVLRQ WKH WUDQV EHIRUH,I)RUW1DVVDXDOORZVWKHPWRHQWHU&DUYLQ 6\VWHPV 7RGD\ NLGV DUH PRUH VWUHVVHG RI UHVSRQVLELOLW\ DORQJ WKH ZD\
PLVVLRQRIVSHHFKXVLQJUDGLRZDYHVDQGJHWKLV ZLOOUHFHLYHDPHVVDJHWRRSHQWKHEULGJH,W¶VD $OWKRXJK PDQ\ SDUHQWV DVVRFL WKDQ HYHU EHIRUH DQG PDQ\ RI 2XWGRRU H[SHULHQFHV VKRXOG EH
VDLOLQJOLFHQVH7KHQKHJRWDRQH\HDUFRQWUDFW SURFHVV DWH GLJJLQJ LQ WKH GLUW ZLWK DQ WKHP H[KLELW QHJDWLYH EHKDYLRUV DQLPSRUWDQWSDUWRIHYHU\JURZLQJ
,IHYHU\WKLQJJRHVZHOO\RX¶OOWKHQEHDFFHSWHGDV LQFUHDVHG ULVN RI H[SRVXUH WR GXHWRSHQWXSHQHUJ\6SHQGLQJ FKLOG¶VOLIHZKLOHDOVRPDNLQJVXUH
DSHUPDQHQWHPSOR\HH&DUYLQ³7KHMRELVJRRG &DUYLQ6HUYDQLDLVDQDFWLYHPDQZLWKDSRZHUIXO JHUPV ZKLOH WKH RSSRVLWH LV WLPH RXWGRRUV SURYLGHV WKH SHU WR LQFOXGH D ZHOOEDODQFHG VHW RI
<RXOHDUQDORWDQG\RXGRQ¶WVWD\LQRQHSODFH´ JRDO³,GRKDYHDJRDOWKDW¶VIRUVXUH7KHJRDO DFWXDOO\ WUXH :KHQ NLGV VSHQG IHFWSODFHIRUWKHPWRUXQLQZLGH RSSRUWXQLWLHV
&DUYLQ¶VZRUNLQJKRXUVGLIIHUEHFDXVHKHZRUNV WKDW , KDYH LV WR FRQWLQXH JRLQJ IRUZDUG LQ OLIH´ WLPHLQWHUDFWLQJZLWKQDWXUHWKH\ RSHQ VSDFHV VR WKDW WKH\ FDQ
GLIIHUHQWVKLIWVDVDPHPEHURIDWHDP7KHUHDUH &DUYLQDGYLVHVDOO\RXQJVWHUV³)LQGVRPHWKLQJWR KDYH D ORZHU ULVN RI GHYHORS EXUQRIIWKHLUHQHUJ\DQGHVFDSH )UHHSOD\WHDPVSRUWVDQGJXLGHG
WKUHHVKLIWVIURP$0WR30IURPWR GRDMREPD\EHDQGILQGDJRRGSDWKWRIROORZ LQJ DOOHUJLHV DQG LOOQHVVHV$G IURPWKHLUGDLO\VWUHVV:KHQNLGV ULVNWDNLQJ H[SHULHQFHV VKRXOG DOO
30DQGIURP30WR$0 'RVRPHWKLQJ´%HFDXVHLQGHHGMXVWOLNH&DUYLQ GLWLRQDOO\ H[SRVXUH WR VXQVKLQH H[HUFLVHRXWGRRUVLQJUHHQVSDF EHLQFRUSRUDWHGVRWKH\FDQHQMR\
VDLGHYHU\SRVLWLYHVWHS\RXWDNHLQOLIHLVJRRG ERRVWV YLWDPLQ ' OHYHOV ZKLFK HVWKHLUERGLHVDOVRUHOHDVHHQ WKH IXOO SDFNDJH RI EHQHILWV WKDW
7KHEULGJHXVHVWZRPRWRUVRQHRQWKHRXWVLGH DQGSHUKDSVWKHEHJLQQLQJRIDJUHDWMRXUQH\ FDQJLYHNLGVDOHJXSRQEHWWHU GRUSKLQVWKDWSURPRWHUHOD[DWLRQ FRPHVZLWKVWHSSLQJRXWVLGH
DQGRQHRQWKHLQVLGHDQGDEHOOVRSHRSOHZLOO FDUGLRYDVFXODUKHDOWKDQGVWURQ )URP EHWWHU RYHUDOO KHDOWK WR D
NQRZZKHQWKHEULGJHWHQGHULVRSHQLQJDQGFORV JHUERQHV $SSUHFLDWLRQIRU1DWXUH PRUH SRVLWLYH VHQVH RI VHOI NLGV
LQJWKHEULGJH7KHUH¶VDEOXHOLJKWWRLQGLFDWHWKDW $ FKLOG ZKR VSHQGV DOO RI WKHLU KDYH PXFK WR JDLQ IURP JHWWLQJ
WKHEULGJHLVFRPSOHWHO\RSHQDQGDQRUDQJHOLJKW 6RFLDO6NLOO'HYHORSPHQW WLPHLQVLGHQHYHUJHWVWRH[SHUL VRPH IUHVK DLU DQG EHDXWLIXO VXQ
LQGLFDWLQJWKDWLW¶VMXVWDOLWWOHRSHQIRUVPDOOERDWV :KHQNLGVSOD\RXWVLGHZLWKWKHLU HQFHWKHZRQGURXVPRPHQWVWKDW VKLQHHYHU\GD\
/LJKWVDUHXVHGDWQLJKWDQGIODJVGXULQJWKHGD\ SHHUVWKH\HQMR\QHZRSSRUWXQL RFFXU LQ QDWXUH VXFK DV WKH ZD\
7KHUH DUH VHYHUDO PHWHUV DV ZHOO WR VKRZ WKH WLHV WR GHYHORS VRFLDO VNLOOV WKDW WKH GHZ DSSHDUV RQ WKH JUDVV $UWLFOH6RXUFHKWWS(]LQH$UWLFOHV
WHPSHUDWXUHRIWKHZDWHUWKHEDWWHU\WKHRLOSUHV ZLOOWUDQVIHUWRHYHU\DUHDRIWKHLU HDFK PRUQLQJ RU KRZ LW IHHOV WR FRP
VXUHWKHYHORFLW\RIWKHSURSHOOHUDQGRIFRXUVHD OLIH)RUH[DPSOHRXWGRRUVSRUWV WDNHLQWKHYLHZDIWHUDKLNH<HW
FDPHUDVRWKHDWWHQGDQWFDQNHHSDQH\HRQWKH VXFKDVVRFFHUSURPRWHOHDGHU
RWKHUVLGHRIWKHEULGJH VKLSDQGWHDFKNLGVKRZWRZRUN
ZLWKRWKHUVDVDWHDPWRDFFRP