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Performance of INVL 3rd pillar pension funds

INVL MEDIO III 47+

Data for the selected period
From
EUR ()
Till
EUR ()
Change
%
Basic data
Start of operations
2007-09-24
Manager
INVL Asset Management
Newest Data
Date
2021-01-15
Unit value
0,5936 EUR
Net assets
10.821.220,27 EUR
Change in value
1 day
-0,35 %
1 month
+2,38 %
3 months
+6,48 %
1 year
+4,31 %
Fees
Management fee
0,80 %
Starting fee
30,00 %
Partial withdrawal fee
10,00 %

Investment strategy

The investment objective of the fund’s assets is to achieve a higher than average return by assuming medium risk. The fund’s investments are evenly distributed between corporate equities and bonds issued or guaranteed by governments, central banks, bank deposits or corporate bonds. We advise middle-aged people (47-58 years) to choose this fund. Structure: 50 percent – equities, 50 percent – bonds (the fund rules stipulate that the fund may invest up to 70% in shares).

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 15 January 2020

10% Bloomberg Barclays Series-E Euro Govt 7-10 Yr Bond Index (BERPG4 Index)
10% ECPI Ethical EURO Corporate Bond Index (ECAPECB Index)
10% J.P. Morgan Euro Emerging Markets Bond Index (EMBI) Global Diversified Europe (JPEFEUR Index)
10% J.P. Morgan Corporate Emerging Markets Bond Index (CEMBI) Broad Europe Index (JCBBEURO Index), apdraudžiant Bloomberg USDEUR 6 month Hedging Cost Index (FXHCUE6M Index)
10% J.P. Morgan Emerging Markets Bond Index (EMBI) Global Hedged Euro Index (JPEIGHEU Index)
3% EONIA Total Return Index (DBDCONIA Index)
43% MSCI ACWI IMI Net Total Return USD Index (MIMUAWON Index) (perskaičiuotas į EUR)
4% MSCI Emerging Markets Net Total Return USD Index (M1EF Index) (perskaičiuotas į EUR)

As of 31 July 2018

10% Bloomberg Barclays Series-E Euro Govt 7-10 Yr Bond Index (BERPG4 Index)
10% ECPI Ethical EURO Corporate Bond Index (ECAPECB Index)
10% J.P. Morgan Euro Emerging Markets Bond Index (EMBI) Global Diversified Europe (JPEFEUR Index)
10% J.P. Morgan Corporate Emerging Markets Bond Index (CEMBI) Broad Europe Index (JCBBEURO Index)
10% J.P. Morgan Emerging Markets Bond Index (EMBI) Global Hedged Euro Index (JPEIGHEU Index)
3% EONIA Total Return Index (DBDCONIA Index)
43% MSCI ACWI IMI Net Total Return USD Index (MIMUAWON Index) (perskaičiuotas į EUR)
4% MSCI Emerging Markets Net Total Return USD Index (M1EF Index) (perskaičiuotas į EUR)

As of 1 June 2017

10 % Bloomberg Barclays Series-E Euro Govt 7-10 Yr Bond Index

10 % Ethical Euro Corporate Bond Index
10 % JP Morgan Euro Emerging Markets Bond Index Diversified Europe
10 % JP Morgan Corporate Emerging Markets Bond Index Broad Europe
10 % JP Morgan Emerging Markets Bond Index Global Hedged EUR
3 % Euro Cash Indices Libor Total Return 1 Month Index
43 % MSCI AC World Index IMI USD Net (perskaičiuotas į eurus)
4 % MSCI Emerging Markets Net Return USD Index (perskaičiuotas į eurus)

As of 2 November 2016

10 % Bloomberg/EFFAS Bond Indices Euro Government 7–10 year TR
10 % Ethical Euro Corporate Bond Index
10 % JP Morgan Euro Emerging Markets Bond Index Diversified Europe
10 % JP Morgan Corporate Emerging Markets Bond Index Broad Europe
10 % JP Morgan Emerging Markets Bond Index Global Hedged EUR
3 % Euro Cash Indices Libor Total Return 1 Month Index
43 % MSCI AC World Index IMI USD Net (perskaičiuotas į eurus)
4 % MSCI Emerging Markets Net Return USD Index (perskaičiuotas į eurus)

As of 2 September 2015

10 % Bloomberg/EFFAS Bond Indices Euro Government 7–10 year TR
10 % Ethical Euro Corporate Bond Index
10 % JP Morgan Euro Emerging Markets Bond Index Diversified Europe
10 % JP Morgan Corporate Emerging Markets Bond Index Broad Europe
10 % JP Morgan Emerging Markets Bond Plus EMBI+ Composite USD
3 % Euro Cash Indices Libor Total Return 1 Month Index
43 % MSCI AC World Index IMI USD Net (perskaičiuotas į eurus)
4 % MSCI Emerging Markets Net Return USD Index (perskaičiuotas į eurus)

As of 1 January 2015

45 % ECPI Ethical Global Bond Composite Index EUR Hedged
55 % MSCI AC World Index IMI USD Net (perskaičiuotas į eurus)

As of 1 January 2013

50 % MSCI All Countries World Index
45 % Barclays Capital Euro Aggregate Bond Index
2,5 % Dow Jones-UBS Commodity Index TR
2,5 % HFRX Global Hedge Fund EUR 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 0.15% 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 0.3% 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.