The fund’s investment objective is to ensure sustainable appreciation in the value of the resources invested in the fund by shareholders, primarily by making direct and indirect investments in real estate, apartments, and non-residential space, as well as the construction of new real estate, apartments, and non-residential space throughout the Czech Republic. We also expect to have holdings in real-estate companies and other companies, to provide loans and credit, and to invest in other ancillary assets in the Czech Republic and abroad in which we predict an above-standard yield.
Investment strategy
Development and investment in real estate
Yield on shares
Up to 7,1 % p.a. for preference investment shares in 2025
Current value of assets
CZK 1 150 490 942 as at 30.11.2024
| Type of fund | Qualified investor fund |
| Orientation of the fund | Investment in holdings in capital companies |
| Frequency of subscription of investment shares (IS) | Monthly |
| Security | Preference investment share |
| Redemption of IS | On request, with a payment term of 90 - 180 days |
| Publicly negotiable | No |
| Duration of the fund | For an indefinite term (from 1. 6. 2017) |
| Minimum client investment | CZK 1 million (for Section 272(1)(i)(2) of Act No. 240/2013 Sb. on investment companies and investment funds); otherwise CZK 3.5 million |
| Investment horizon for client | Medium-term, 4 years |
| Entry fee | up to 3 % |
| Exit fee | 0% after 3 years, 5% within 3 years |
| Manager and administrator of the fund | AVANT investiční společnost, a.s. |
| Costs of the fund | Maximum 2% p.a. of the average value of assets |
| Fund options | The fund has the right to redeem investment shares at the current price of the investment shares valid for the calendar month in which the right of redemption is exercised by the fund. |
| Depository | CYRRUS, a.s. |
| Auditor | PKF APOGEO Audit, s.r.o. |
| Regulation and legal order | Czech National Bank and the Czech Republic |
| Taxation of the yields of the fund | 5% of the profit of the fund |
| Taxation of shareholders – natural persons | 15% in the case of redemption within 3 years, 0% in the case of redemption after 3 years |
Memorandum
The fund is a qualified investor fund according to Act No. 240/2013 Sb. on investment companies and investment funds, whereby only a qualified investor according to Section 272 of that act may become a shareholder in the fund. The manager refers investors to the fact that the value of an investment in the fund might fall and rise and that the return of the amount originally invested is not guaranteed. The previous performance of the fund does not guarantee the same or better performance in the future. Investment in the fund is designed to achieve a yield when held over the medium- to long-term, and is not therefore suitable for short-term speculation. Potential investors should primarily consider the specific risks which might arise from the investment objectives of the fund, as they are specified in the fund rules. Investment objectives are reflected in the recommended investment horizon and in the fees and costs of the fund.
Hvězdova 1716/2b, 140 00 Prague 4
Phone: +420 735 749 999
E-mail: investice@nemomax.cz
IČO: 04622669
DIČ: CZ04622669
The company is registered at the Metropolitan Court in Prague, file B 21196.