INVEST WITH APPRECIATION
UP TO 7,1 % p.a.
INVESTMENT STRATEGY
The investment objective of the Fund is the continuous appreciation of means invested by the fund’s shareholders, in particular in the form of direct or indirect investments in real estate, housing units and non-residential premises, including construction of new real estate, housing units and non-residential premises throughout the Czech Republic. We also count on participation in real estate and other companies, providing loans and credits or investing in other ancillary assets with anticipated above-standard returns within the Czech Republic and the European Union.
INVESTMENT STRATEGY
Development and Investment in Real Estate
EXPECTED RETURN ON SHARES
Up to 7.1% p.a. for preferred investment shares
CURRENT ASSET VALUE
278 070 834 CZK
WHY INVEST
- Above-standard return on preferred investment shares up to 7.1% p.a.
- Long-term investment in fair values with stable growth
- Priority share of fund profits (before the fund founder)
- Professional asset management
- Low entry and exit fees
- Auditing the disposal of the fund’s assets by the depositary (CYRRUS, a.s.)
- Lower 5% income tax rate for investment funds
- Supervision of the Czech National Bank (ČNB)
- Possibility of exemption from income tax on the redemption of investment shares after 3 years
- Higher portfolio diversification
BASIC PARAMETERS
| Fund Type | Qualified Investors Fund |
| Focus of the Fund | Equity Investments |
| Share Subscription | Monthly |
| Security | Preferred Investment Shares |
| Redemption of Investment Shares | On request with a maturity of 90-180 days |
| Public marketability | No |
| Duration of the Fund | For an indefinite period (as of 1. 6. 2017) |
| Minimal Client Investment | 1 million CZK, for Section 272 (1) (i) (2) of Act No. 240/2013 Coll., on Investment Companies and Investment Funds, otherwise 3.5 million CZK |
| Client Investment Horizon | Medium-term, 4 years |
| Entry fee | Up to 3% |
| Exit fee | 0% after 3 years, 5% before 3 years |
| Fund Manager and Administrator | AVANT investiční společnost, a.s. |
| Fund Costs | Maximum 2% p.a. of the average asset value |
| Fund Options | The Fund has the right to redeem investment shares at the current price of investment shares valid for the calendar month in which the Fund's redemption was applied. |
| Depositary | CYRRUS, a.s. |
| Auditor | APOGEO Audit, s.r.o. |
| Regulation and Legislation | Czech National Bank and the Czech Republic |
| Taxation of Fund Income | 5% of the Fund's profits |
| Taxation of Shareholders - Natural Persons | 15% for redemptions within 3 years, 0% for redemptions after 3 years |
ATTACHMENTS
Memorandum
CONTACT
Nemomax investiční fond s proměnným
základním kapitálem, a.s.
Hvězdova 1716/2b, 140 00 Praha 4
Phone: +420 730 184 814
E-mail: investice@nemomax.cz
IČO: 04622669
DIČ: CZ04622669
The company is incorporated at Municipal Court in Prague, in Section B, File 21196.
NOTICE FOR INVESTORS
The Fund is a fund of qualified investors according to Act no. 240/2013 Coll., on Investment Companies and Investment Funds, thus only a qualified investor pursuant to Section 272 of this Act may become its shareholder. The manager notifies investors that the value of the investment in any fund may fall or rise and that the return on the originally invested amount is not guaranteed. The performance of a fund in previous periods does not guarantee the same or higher performance in the future. The investment in a fund is intended to generate returns in the medium and long term and is therefore not suitable for short-term speculations. In particular, potential investors should consider the specific risks that may arise from a fund’s investment objectives as set out in its Statute. The investment objectives are reflected in the recommended investment horizon as well as in a fund’s fees and costs.