INVL MEDIO II 47+ pension fund

Strategy
The main objective of this fund’s investments is, while assuming medium risk, to seek larger than medium returns. Up to 50 per cent of the fund’s assets are invested in company shares and related instruments, with no less than half invested in bonds issued or guaranteed by governments and central banks, in bank deposits and in corporate bonds. This fund is recommended for middle-aged persons (age 47–52).
Composition: 50 per cent equity, 50 per cent bonds

Display period

From Till
(Available since: 2007-09-24)
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Main information
Launch date 2007-09-24
Composition type 50% bonds, 50% securities
Manager UAB "INVL Asset Management"
Fees
Deposit fee 0,00 %
Management fee 0,99 %
Transfer fee 0,00 %

The contribution fee is a charge that applies to every pension contribution.

The management fee is an annual charge that is included in the unit listing value.

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 0,5666 EUR   (2017-12-11)
Till 0,5502 EUR   (2018-12-10)
Change -2,89%
Latest data
Value date 2018-12-10
Value 0,5502 EUR
NAV 117.897.421,9619 EUR
Period change (%)
1 day -0,76
1 week -2,69
1 month -2,38
3 months -3,20
YTD -3,17
1 year -2,83
Since inception 89,99
Fund Benchmark

Funds are invested into shares of companies listed on Baltic Stock Exchange or enterprises actively operating in the Baltic states. The fund is striving for maximum return by assuming high risk level. The fund focuses on long-term investments by identifying attractive economy sectors and particular companies.

Since 3rd July, 2017

43 % MSCI AC World Index IMI USD Net (adjusted to Eur)
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
4 % MSCI Emerging Markets Net Return USD Index (adjusted to Eur)
3 % EONIA Total Return Index (Bloomberg ticker: DBDCONIA Index)

From 1st June 2017 to 2nd July 2017

43 % MSCI AC World Index IMI USD Net (adjusted to Eur)
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
4 % MSCI Emerging Markets Net Return USD Index (adjusted to Eur)

From 2nd November 2016 to 31st May 2017

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 (adjusted to Eur)
4 % MSCI Emerging Markets Net Return USD Index (adjusted to Eur)

From 2nd September 2015 to 1st 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 Plus EMBI+ Composite USD
3 % Euro Cash Indices Libor Total Return 1 Month Index
43 % MSCI AC World Index IMI USD Net (adjusted to Eur)
4 % MSCI Emerging Markets Net Return USD Index (adjusted to Eur)

From 1st January 2015 to 1st September 2015

45 % ECPI Ethical Global Bond Composite Index EUR Hedged
55 % MSCI AC World Index IMI USD Net (adjusted to Eur)

From 1st March 2012 to 31st December 2014

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

From 22nd March 2011 to 29th February 2012

35 % Barclays Capital Euro Aggregate Bond Index
65 % MSCI All Countries World Index.

From 2nd May 2009 to 21st March 2011

30 % JP Morgan Global Aggregate Bond Index (total return unhedged EUR – JPM GABI)
70 % MSCI All Countries World Index (in EUR).

From 24th September 2007 to 1st May 2009

30 % JP Morgan Aggregate Index Euro (MAGGIE)
70% MSCI All Countries World Index (in EUR).

We remind you that the state social insurance old-age pension for 2nd pillar pension accumulation participants is proportionately reduced as established by law. The old-age pension is not reduced with regard to the state’s added contribution. A 2nd pillar pension accumulation agreement cannot be terminated except in the case of a first-time agreement, which the participant has the right to terminate unilaterally within 30 calendar days of entering the agreement by informing the pension accumulation company about that in writing.

Accumulating in pension funds involves the assumption of investment risk. The pension accumulation company does not guarantee the profitability of pension funds. The value of a pension fund unit can both rise and fall. You may recover less than you invested. A pension fund’s past investment management 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 (the INVL STABILO II 58+ Conservative Investment Pension Fund).

Responsible and thorough consideration is called for when choosing a pension fund. You should examine the investment-related risks as well as the applicable deductions, and carefully read the pension fund rules which are an integral part of the pension accumulation agreement.

If the money accumulated in a pension fund exceeds a certain amount, it must be used to purchase a pension annuity – a contract to receive periodic pension payments as long as you live. A pension annuity is mandatory when the basic pension annuity size calculated for a pension fund participant is at least half the size of the state social insurance basic pension (currently 152,92 eur, half of which is 76,46 eur). Pension annuity payments will be made to you by the life insurance company with whom you conclude an annuity contract. Your accumulated amount will be transferred to the account of this company, which in turn will commit to make annuity payments of an agreed size for the rest of your life. Whether any amount that has not yet been distributed at your death can be inherited depends on the type of annuity you choose. You can learn more about pension 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.