| Launch date |
2004.01.19 |
| Minimal sum of investment |
100 LTL |
| Minimal recommended investment period 1-3 years |
| Manager UAB "Finasta Asset Management" |
| Strategy |
|
The assets of this fund are invested in shares of public undertakings of the new EU Member States. The economic and political risk in these countries is lower than that in non-EU member states. The legal framework of the new EU Member States is harmonized with and very similar to the legal framework of the European Union. The fund is focused on the undertakings with many years' experience, good financial and management track record, relatively low share acquisition price, and good growth potential. |
| Region |
|
New Europe countries: Lithuania, Latvia, Estonia, Poland, Czech Republic, Hungary, Slovenia, Slovakia, Croatia, Bulgaria, Romania. | |
| Fees |
|
| Distribution |
2% |
| Management* |
0.5% |
| Performance** |
15% |
|
*Annual fee included in the unit listing value
**Calculated on increment in value and included in the unit listing value
|
| Benchmark |
|
Since 11 May 2009 – CECE extended index EUR
From 14 April 2008 to 10 May 2009 – 0,5 * DJ EU ENLARGED + 0,5 * HSBC Emerging Europe 220 Index Ex Russia
more... | |
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