INVL MEZZO II 53+ pension fund

Strategy
The core objective of this fund’s investments is smooth growth, both in the near term and in the future. Up to 30 per cent of the fund’s assets are invested in company shares and related instruments, and no less than 70 per cent are 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 (53 or over) or for people willing to accept a small amount of risk.
Composition: 30 per cent equity, 70 percent bonds.

Display period

From Till
(Available since: 2007-07-02)
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Main information
Launch date 2004-06-15
Composition type 70% bonds, 30% 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 0,7537 EUR  (2017-12-13)
Till 0,7293 EUR  (2018-12-13)
Change -3,24%
Latest data
Value date 2018-12-13
Value 0,7293 EUR
NAV 20.852.119,7392 EUR
Period change (%)
1 day -0,07
1 week 0,22
1 month -0,65
3 months -1,51
YTD -3,28
1 year -3,24
Since inception 151,81
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

24 % MSCI AC World Index IMI USD Net (adjusted to Eur)
14 % Bloomberg Barclays Series-E Euro Govt 5-7 Yr Bond Index
14 % Ethical Euro Corporate Bond Index
14 % JP Morgan Euro Emerging Markets Bond Index Diversified Europe
14 % JP Morgan Corporate Emerging Markets Bond Index Broad Europe
14 % JP Morgan Emerging Markets Bond Index Global Hedged EUR
3 % EONIA Total Return Index (Bloomberg ticker: DBDCONIA Index)
3 % MSCI Emerging Markets Net Return USD Index (adjusted to Eur)

From 1st June 2017 to 2nd July 2017

24 % MSCI AC World Index IMI USD Net (adjusted to Eur)
14 % Bloomberg Barclays Series-E Euro Govt 5-7 Yr Bond Index
14 % Ethical Euro Corporate Bond Index
14 % JP Morgan Euro Emerging Markets Bond Index Diversified Europe
14 % JP Morgan Corporate Emerging Markets Bond Index Broad Europe
14 % JP Morgan Emerging Markets Bond Index Global Hedged EUR
3 % Euro Cash Indices Libor Total Return 1 Months Index
3 % MSCI Emerging Markets Net Return USD Index (adjusted to Eur)

From 2nd November 2016 to 31st May 2017

24 % MSCI AC World Index IMI USD Net (adjusted to Eur)
14 % Bloomberg/EFFAS Bond Indices Euro Government 5-7 year TR
14 % Ethical Euro Corporate Bond Index
14 % JP Morgan Euro Emerging Markets Bond Index Diversified Europe
14 % JP Morgan Corporate Emerging Markets Bond Index Broad Europe
14 % JP Morgan Emerging Markets Bond Index Global Hedged EUR
3 % Euro Cash Indices Libor Total Return 1 Months Index
3 % MSCI Emerging Markets Net Return USD Index (adjusted to Eur)

From 3rd August 2015 to 1st November 2016

24 % MSCI AC World Index IMI USD Net (adjusted to Eur)
14 % Bloomberg/EFFAS Bond Indices Euro Government 5-7 year TR
14 % Ethical Euro Corporate Bond Index
14 % JP Morgan Euro Emerging Markets Bond Index Diversified Europe
14 % JP Morgan Corporate Emerging Markets Bond Index Broad Europe
14 % JP Morgan Emerging Markets Bond Plus EMBI+ Composite USD
3 % Euro Cash Indices Libor Total Return 1 Months Index
3 % MSCI Emerging Markets Net Return USD Index (adjusted to Eur)

From 18th January 2014 to 2nd August 2015

69 % Ethical Index Global Composite Bond
17 % MSCI World EUR Index
11 % Msci Eastern Europe small cap index
3 % Euro Cash Indices Libor Total Return 3 Months Index

From 11th May 2009 to 17th January 2014

70 % Ethical Index Global Composite Bond
30 % Msci Eastern Europe small cap index

From 14th February 2008 to 10th May 2009

70 % Ethical Euro Composite Index
15 % DJ EURO STOXX MIIDCAP
15 % DJ EU ENLARGED 15

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.