Main information
| Launch date | 2004-12-20 |
| Composition type | 100% securities |
| Fund account no. | LT98 7044 0600 0811 9465 |
| Manager | UAB „INVL Asset Management“ |
INVL Bold pension fund
Strategy
The assets of this fund are invested in shares and/or investment funds that invest primarily in equity securities. This fund, as an additional investment instrument in forming a personal investment portfolio, is recommended to those who prefer average and high investment risk and plan to invest over a long period of time.
Composition: up to 100 per cent equity.
Composition: up to 100 per cent equity.
Fees
| Management fee | 1,50 % |
| Partial withdrawal fee | 10,00 % |
The management fee is an annual charge that is included in the unit listing value.
The partial withdrawal fee is a fee that applies when money is withdrawn less than two calendar years after the last pay-out. This fee is not charged for partial withdrawals made once every two calendar years.
The total amount of other expenses that are foreseen in the pension fund rules for payment with money from the fund may not exceed 3 per cent of the fund’s net asset value per year.
More information about the calculation methodology, sizes and payment methods for applicable pension fund fees (deductions) is provided in the pension fund rules.
Choosen period data
| From | 0,3160 EUR (2018-02-15) |
| Till | 0,3255 EUR (2019-02-15) |
| Change | 3,01% |
Latest data
| Value date | 2019-02-15 |
| Value | 0,3255 EUR |
| NAV | 2.669.585,8797 EUR |
Period change (%)
| 1 day | 0,56 |
| 1 week | 0,90 |
| 1 month | 3,43 |
| 3 months | 1,12 |
| YTD | 6,37 |
| 1 year | 3,01 |
| Since inception | 12,39 |
Fund Benchmark
The weights of complex benchmark index has been selected with the principle purpose to reflect the Fund’s investment strategy (types and weights of investments) and investment distribution, which are both set in the rules.
Since 3rd July, 2017
50 % Msci Eastern Europe small cap index
45 % MSCI World EUR Index
5 % EONIA Total Return Index (Bloomberg ticker: DBDCONIA Index)
From 17th January 2014 to 2nd July 2017
50 % Msci Eastern Europe small cap index
45 % MSCI World EUR Index
5 % Euro Cash Indices Libor Total Return 3 Months Index
From 11th May 2009 to 16th January 2014
95 % Msci Eastern Europe small cap index
5 % Euro Cash Indices Libor Total Return 3 Months Index
From 14th April 2008 to 10th May 2009
50 % DJ EU ENLARGED 15
50 % MSCI Emerging Europe
While participating in a 3rd pillar pension fund, you will be required to pay the fees indicated in the rules for the selected fund. The money accumulated in a pension fund is invested according to the investment strategy specified in the rules for that pension fund. When saving in pension funds, you assume the investment and investment-related risk. The value of a pension fund unit can both rise and fall, and you may recover less than you invested. A pension fund’s past results do not guarantee the same kind of results and return in the future. The results of a previous period are not a reliable indicator of future results. When seven or fewer years remain before retirement, we recommend considering investing in a conservative investment pension fund (INVL STABILO III 58+).
Before making a decision to invest, you should individually or with the help of investment consultants personally assess all the risks associated with investing and examine the pension fund rules, which are an integral part of the supplementary voluntary pension accumulation agreement.
A participant of a fund can choose from the following ways for receiving pension disbursements: lump-sum pay-out (one-time pension disbursement), partial periodic payments (conversion at regular intervals of a portion of fund units in the pension account into cash to be paid out), or purchase of an annuity from a life insurance company (read more about annuities here).
All the information presented is of a promotional nature and cannot be construed as a recommendation, offer or invitation to accumulate savings in pension funds managed by INVL Asset Management UAB. The information provided here cannot be the 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 UAB is not responsible for inaccuracies or changes in the information, or for losses that may come about when investments are based on this information.