Investment Strategy: The fund invests assets to bonds. Government as well as corporate bonds issued by important domestic or foreing entities denominated in EUR are mainly utilized. Total portfolio duration is shorter than one year.
The aim of the fund is to provide regular return without significant fluctuations on the one year horizon resulting mainly from capital gains of bonds in the portfolio. Fund is suitable for conservative investors who are not accepting exchange rate risk and who are requiring appreciation of value of their funds in EURO currency. Fund represents appropriate alternative to term deposits in EURO currency.
Potential risks – mainly development of EURO zone interest rates.
Calculation of asset value in the mutual fund – the asset management company performs valuation of assets in the mutual fund daily per each working day. Asset value in the mutual fund is set in accordance with Act No 203/2011 Coll. on Collective Investing as amended by the later regulations. Asset value created by means on current, deposit and foreign currency accounts is added to the value of securities, value of receivables is added and value of liabilities is deducted. Thus we calculate the overall net asset value (NAV) in the mutual fund.
Current value of one share is determined as proportion of overall net asset value in the mutual fund to the number of shares in circulation (difference between the number of issued and returned shares).
Data on mutual fund asset value – data on mutual fund net asset value, number of issued and returned shares for the period since the previous publication of these data, on monetary sum for issued and returned shares, current share price, sale and purchase price of the share are published at least once a week in periodic national press publishing stock reports. In addition, it is possible to obtain these data at the seat of the company and at points of sale.
WARNING:
Pursuant to §151 of Act No 203/2011Coll. on Collective Investing as amended by the later regulations, Alico Funds Central Europe správ. spol., a.s. warns the investors, that certain risk is connected with the investment in mutual funds and current profit does not guarantee future profit.
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