The closed-end umbrella fund intended for informed investors INVL Alternative Assets Umbrella Fund and its INVL Baltic Forests Fund I subfund launched on 13 February 2017 when the Bank of Lithuania approved the fund rules.
The INVL Baltic Forests Fund I subfund’s period of investment activity will be 5 years, while the subfund itself will operate for up to 8 years with the possibility to extend that term for 2 more years.
The INVL Baltic Forests Fund I subfund invests in forests in the Baltic countries, above all Lithuania, which are suited to forestry activity. The aim is to build up a consolidated parcel of forest land plots, thus increasing their value and the potential income from planned harvestings. The target average annual net return on investments after expected costs for the fund is 8 per cent.
The investments into this fund represents an opportunity to broaden a portfolio with an asset class that stands out for annual natural growth and is characterised by stability and attractive returns with little correlation to global markets.
Units of the fund are available for acquisition by natural and legal persons who meet the established criteria for informed investors. The minimum investment amount is EUR 30,000.
During the initial offering no single investor could acquire fund units for more than EUR 1 million. The total fund's assets under management may reach up to EUR 50 million.
Documents (in Lithuanian):
- Rules of the Closed-end INVL Alternative Assets Umbrella Fund for Informed Investors
- Appendix No. 1 to the Rules of the Closed-end INVL Alternative Assets Umbrella Fund for Informed Investors
- Prospectus of the Closed-end INVL Alternative Assets Umbrella Fund for Informed Investors
- Appendix No. 1 to the Prospectus of the Closed-end INVL Alternative Assets Umbrella Fund for Informed Investors
Financial and other information about the fund: www.invlmiskai.com.
Investing entails assuming investment risk. Past results do not guarantee future performance. If the return on investments previously was positive, it will not necessarily be so in the future since the value of investments can both rise and fall. The management company does not guarantee the profitability of investments.
INVL Baltic Forests Fund I is intended for informed investors, that is, persons who meet the requirements for informed investors stipulated in the Law on Collective Investment Undertakings. Only investors who meet the criteria for informed investors may acquire units of this fund. Investors’ right to demand redemption of investment units they hold in a closed-end fund is restricted.
Before making a decision to invest, you should personally or with the help of investment advisors assess the selected fund’s investment strategy, applicable fees and all investment-related risks. You should also carefully read the fund’s Rules and Prospectus.
The rules and prospectus of the closed-end INVL Alternative Assets Umbrella Fund for informed investors and its INVL Baltic Forests Fund I subfund are published on the websites www.invl.com and www.invlmiskai.com.
All the information presented is of a promotional nature and cannot be construed as a recommendation, offer or invitation to invest in 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 considered to be reliable, INVL Asset Management UAB is not responsible for inaccuracies or changes in the information, or for losses that may arise when investments are based on this information.