Mutual funds

Prvý realitný fond, o.p.f., IAD Investments, správ. spol., a.s.

Inception date: 11/23/2006

Daily update, as at 27.08.2014

Price 0.05914300 EUR
Fund size 78,443,366.14 EUR

Fund´s performance chart (EUR)

Price of the share is figured by moving pointer along the curve. Detailed part of the curve will be figured by pointing cursor on the curve (beginning and the end) or by typing period in the date table under the chart.
Chart represents cumulative performance in case of over 1 year.

Price of the share is figured by moving pointer along the curve. Detailed part of the curve will be figured by pointing cursor on the curve (beginning and the end) or by typing period in the date table under the chart.

Chart represents cumulative performance in case of over 1 year.

Fund´s performance as at 27.08.2014

YTD 1M 3M 6M 1 year 3 years cumulative / p.a. 5 years cumulative / p.a. Since inception / p.a.
1.77% 0.34% 0.72% 1.66% 3.69% 11.58%
3.73%
22.95%
4.37%
78.17%
7.70%

Download fund´s prices (csv file)

Prvý realitný fond, o.p.f., IAD Investments, správ. spol., a.s.

Management Company IAD Investments, správ. spol., a.s.
Domicil Slovak Republic
Asset Class real estate
Currency EUR
Bank Account registered in ČSOB, a.s.
Fund´s Bank Account 255061913/7500
Inception Date 11/23/2006
Initial Minimum Investment € 1000
Next Minimum Investment € 16
Subscription Fee - 3% for overall investment in mutual funds up to € 16 596,93
- individual for overall investment in mutual funds up to € 16 596,93
Redemption Fee 0 %
Management Fee 1,5 %
Depositary fee 0,15 % excl. VAT

The fund is intended for:

The fund is intended for investors with a balanced relationship to risk, who are interested in the stable, balanced growth of their investment in the Euro and who are considering investing their money for an extended period of time for the purpose of achieving higher yields, as offered by bonds mutual funds, with an acceptable level of risk. Investors should be prepared to invest their finances for a period exceeding 5 years.

 

Investment profile of the fund:

The fund belongs in the category of special, real - estate mutual funds. It is primarily focussed on investment in fixed assets (residential premises, logistical centres, commercial centres, office buildings and sports, relaxation and accommodation facilities) and asset-based participation on real-estate companies. Investments have a moderately conservative orientation.

 

Investment strategy of the fund:

The strategy of the fund is oriented towards the investment of finances primarily in medium-sized, leased commercial fixed assets, administrative buildings, investment in tourism, regional commercial centres and logistical and storage spaces. A significant part of the portfolio shall also be invested in residential development projects. A characteristic feature of the management of fund assets is the active search for fixed assets showing signs of undervaluing or prospects for future growth. The selection of concrete fixed assets and regions is dependent on their anticipated future growth.

 

Factors affecting the development of the value of the fund:

The most significant factors influencing the performance of the fund are economic growth in countries where the fund realises its investments and the exchange rate of the Euro against other currencies.
Economic growth:
Economic growth in countries to which will be directed investments positively influences the growth in value of fixed assets on their national markets, which has a positive influence on the growth in value of shares and vice versa.
Exchange rate:
the value of a mutual fund can also be affected by changes in the exchange rate of the currency in which the assets of the mutual fund are accounted. The strengthening of foreign currencies against the Euro has a positive effect in the form of growth in the value of fund assets and vice versa.
Concentration risk:
The concentration of investment in a certain geographic region or sector results in market and specific risks.
Market risk:
Market risk (macroeconomical, political) has a large influence on the value of a mutual fund. Unfavourable macroeconomical or political developments in a country have a negative effect on all investments.
Specific risk:
This is a risk that applies only to a certain fixed asset or type of fixed asset. Specific risk can be reduced through the diversification of the assets of a special fund into varying types of investment.

Prvý realitný fond, o.p.f., IAD Investments, správ. spol., a.s.


Notice: The value of an investment into a mutual fund may increase or decrease depending on the situation on the financial market. Present performance is not a guarantee of a future performance. Before investing, consider the product's investment objectives, risks, charges and expenses. Contact your advisor or IAD Investments, správ.spol., a.s. for a prospectus containing this information. To obtain a free prospectus and for information on any fund, please download from our web site or contact our management company. In accordance with approved statutes, the share of stock or instruments of the financial market issued or guaranteed by the state indicated in the statutes of the each of funds may exceed 35% of the value of the property in the fund, while they may reach up to 100% of this value. The Management Company is obliged to redeem Units of Prvý realitný fond without undue delay, no later than 12 months. The Mutual Fund Prvý realitný fond invests primarily in estate assets as well as indirectly through investments in real estate companies in these segments of the real estate market.

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1M * - one-month change