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Performance of INVL 3rd pillar pension funds

INVL Apdairus

Data for the selected period
From
EUR ()
Till
EUR ()
Change
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Basic data
Start of operations
2013-05-13
Manager
INVL Asset Management
Newest Data
Date
2021-01-20
Unit value
0,3937 EUR
Net assets
3.017.283,89 EUR
Change in value
1 day
+0,38 %
1 month
+2,18 %
3 months
+7,80 %
1 year
+1,63 %
Fees
Management fee
1,50 %
Partial withdrawal fee
10,00 %

Investment strategy

The fund’s assets are invested in equities and units of investment funds whose main investment priority is equities. The fund is recommended for people taking average risks as an additional investment tool that provides access to tax benefits and thus effective management of personal finances.

Structure: up to 70% of equities.

Information about the pension fund

Benchmark

The weights of complex benchmark index have been selected with the main purpose of reflecting the Fund’s investment strategy (types and weights of investments) and strategic investment distribution, which are both set in the rules.

 

More about the benchmark or the component indices read here.

As of 1 February 2018

28% MSCI ACWI IMI Net Total Return USD Index (MIMUAWON Index)
30% FTSE EPRA Nareit Developed Europe Index (Net TRI) (NEPRA Index)
15% Bloomberg Barclays Global-Aggregate Total Return Index Value (Hedged EUR) (LEGATREH Index)
15% J.P. Morgan Emerging Markets Bond Index (EMBI) Global Core Hedged EUR (JPEIHDEU Index)
7% MSCI Emerging Markets Net Total Return USD Index (M1EF Index) (perskaičiuotas į EUR)
5% EONIA Total Return Index (DBDCONIA Index)

 

As of 1 November 2018

84 % MSCI World All Country Free Total Return Index (EUR)(Bloomberg ticker: GDUEACWF Index)
16 % Merrill Lynch EMU Broad Market 1–3Y Index (Bloomberg ticker: EMU1 Index)

Fees

The management fee is calculated on accrual basis on each business day on the fund’s average annual net asset value.

The partial withdrawal fee is a fee for the withdrawal of part of the assets accumulated in the fund (from the amount withdrawn) when the assets are withdrawn less than two calendar years after the last withdrawal. The fee does not apply to pension fund participants who have the right to a pension benefit as established by the rules of the respective pension fund.

The depositary fee is a fee for services provided by the depositary under the contract. It makes up no more than 0.2% of the fund’s average annual net asset value.

Other expenses include foreign exchange, money transfer, remuneration to intermediaries for trading in securities, audits and other expenses. It makes up no more than 0.5% from the fund’s average annual net asset value.

Fund and benchmark values

Important to know

While participating in a 3rd pillar pension fund, you will be required to pay the fees specified in the rules of the respective fund. The money accumulated in a pension fund is invested according to the investment strategy specified in the rules of the relevant pension fund. When saving in pension funds, you assume the investment and investment-related risk. The value of a pension fund can go both up and down, and you can get back less than you invested. Past performance of a pension fund does not guarantee the same results and profitability in the future. Past performance is not a reliable indicator of future results. When seven or fewer years remain before retirement, consider investing in a conservative investment pension fund (INVL STABILO III 58+/INVL Stable).

Before you make an investment decision, assess all the risks associated with the investment yourself or with a help of investment consultants. Carefully read the rules of the pension fund, which are an integral part of the pension accumulation agreement.

A fund participant may choose from the following forms of pension payment: a lump sum, periodic payments in instalments (conversion of a portion of fund units in the pension account into money to be paid out at regular intervals) or purchase of an annuity from a life insurance company.

All the information presented is of a promotional nature and cannot be construed as a recommendation, offer or invitation to accumulate assets in pension funds managed by INVL Asset Management. The information provided here cannot serve as a basis for any subsequently concluded agreement. Although this information of a promotional nature is based on sources which are considered to be reliable, INVL Asset Management is not responsible for any inaccuracies or changes in the information, or for any losses that may incur when investments are based on this information.