INVL Logo

Performance of INVL 3rd pillar pension funds

INVL EXTREMO III 16+

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
2023-11-29
Unit value
0,8437 EUR
Net assets
66.999.585,18 EUR
Change in value
1 day
+0,11 %
1 month
+4,64 %
3 months
-0,18 %
1 year
+5,04 %
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 the maximum long-term return on the fund’s investments. The fund’s assets are invested in company equities and units of investment funds whose main investment priority is equities. Recommended for young people (from 16 years of age) or those seeking the highest possible profitability.

Structure: up to 100% 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 March 2021

89% MSCI ACWI IMI Net Total Return USD Index (MIMUAWON Index) (converted to EUR)
8% MSCI Emerging Markets Net Total Return USD Index (M1EF Index) (converted to EUR)
3% European Central Bank ESTR OIS Index (OISESTR Index)

As of 31 July 2018

89% MSCI ACWI IMI Net Total Return USD Index (MIMUAWON Index) (converted to EUR)
8% MSCI Emerging Markets Net Total Return USD Index (M1EF Index) (converted to EUR)
3% EONIA Total Return Index (DBDCONIA Index)

As of 2 September 2015

89 % MSCI AC World Index IMI USD Net (converted to EUR)

8 % MSCI Emerging Markets Net Return USD Index (converted to EUR)
3 % Euro Cash Indices Libor Total Return 1 Month Index (converted to EUR)

As of 1 January 2015

5 % ECPI Ethical Global Bond Composite Index EUR Hedged
95 % MSCI AC World Index IMI USD Net (converted to EUR)

As of 1 January 2013

75 % sudarė MSCI All Countries World Index
15 % Barclays Capital Euro Aggregate Bond Index
5 % Dow Jones-UBS Commodity Index TR
5 % HFRX Global Hedge Fund EUR Index

Fees

Management fee: 0.80 percent

Calculated on an accrual basis each business day as a percentage of the average annual net asset value of the fund.

Withdrawal fee: 10 percent

The fee for a partial withdrawal of money accumulated in the fund (as a percentage of the amount withdrawn) applies when the withdrawal is made less than two calendar years after the last withdrawal. This deduction does not apply for participants of pension funds who have acquired the right to a pension benefit in accordance with the pension fund rules.

Starting fee: 30 percent

The 30 percent starting fee, which applies to pension contributions made during the first 12 months after becoming a participant, may not exceed EUR 200 during the period but shall be deducted until the minimum amount of EUR 100 is reached. This fee applies only to new participants whose agreements entered into force after 14 June 2018 and to participants transferring from a pension fund managed by another management company. Participants transferring from another pension fund managed by the management company are exempted from the starting fee if the amount transferred between the pension funds managed by the management company is more than EUR 2,000 and if more than 12 months have elapsed since the entry into force of the agreement for the other pension fund managed by the management company.

Depositary fee: is a fee for services provided by the depositary under a contract. It shall amount to no more than 0.15 percent of the fund’s average annual net asset value.

Other expenses: foreign exchange, money transfer, brokerage, audit and other expenses. They shall not exceed 0.3 percent of the average annual net asset value of the fund.

 

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.