INVL MEDIO III 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 47–58).
Composition: 50 per cent equity, 50 per cent bonds.

Display period

From Till
(Available since: 2013-01-01)
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Main information
Launch date 2007-09-24
Composition type 50% bonds, 50% securities
Fund account no. LT377044060007954014
Manager UAB "INVL Asset Management"
Fees
Management fee 0,80 %
Entry fee 30,00 %
Partial withdrawal fee 10,00 %

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

The entry fee is a charge that applies to new fund participants and is deducted from each pension contribution made during the 12 months after becoming a participant. Its total amount may not exceed 200 euros.

The partial withdrawal fee is a fee that applies when money is withdrawn less than two calendar years after the last pay-out.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 2 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 0,5088 EUR   (2017-12-11)
Till 0,4909 EUR   (2018-12-10)
Change -3,52%
Latest data
Value date 2018-12-10
Value 0,4909 EUR
NAV 4.742.195,2869 EUR
Period change (%)
1 day -0,91
1 week -2,87
1 month -2,42
3 months -3,31
YTD -3,78
1 year -3,48
Since inception 69,51
Fund Benchmark

The benchmark index is 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

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

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

From 2nd September 2015 to 1st November 2016

43 % MSCI AC World Index IMI USD Net (adjusted to Eur)
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
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 1nd January 2013 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

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.