(Investment fund containing diversified portfolio of high-yield bonds)
The Subfund has been established for the purpose of receiving high yield in the long-term perspective. The Subfund provides an opportunity of achieving high income on the long-term time horizon for its investors, by investing in speculative debt securities with the credit rating below the investment level.
The time horizon of the potential investor is from the mid- to long-term (over three years), the risk tolerance is high.
The Subfund investors can be both private individuals and legal entities.
| Name of the Subfund | Rietumu Asset Management Fund - Fixed Income High Yield USD |
|---|---|
| ISIN | LV0000400893 | Stock Ticker Symbol | RAMIHUFR |
| Date of Establishment | 12 September 2014 |
| Registration Place | Latvia |
| Status | Open |
| Currency | USD (US dollar) |
| Price Calculation | Daily |
| Purchase Commission | 0.35% |
| Sale Commission | 0.0% |
| Management Fee | 1.00% (per annum) |
| Custody fee | 0.25% (per annum) |
| Custodian bank | Rietumu Banka |
| Auditor | SIA BDO Assurance |
| Financial year | 31 December |
| The minimum investment amount | 1 000,00 USD |
| Funds ISIN |
NAV Date |
1 day | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Fixed Income High Yield Fund USD
LV0000400893 |
x
x |
x |
x |
x |
x |
Investment certificates of the Rietumu Asset Management investment funds are distributed by Rietumu Bank.
The cost of shares of all Funds of Rietumu Asset Management is revalued every business day. Information about the Fund value is published on www.rietumu.lv by 12:00 Latvian time.
When Rietumu Asset Management receives and registers the client’s order for the purchase / sale of the Fund’s shares by 15:00 Latvian time, the order shall be fulfilled in accordance with the price calculated on the day of receipt of the order. When Rietumu Asset Management receives and approves the client’s order after 15:00 Latvian time, the order shall be considered as received on the next business day.
| Low risk | High risk | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| Low expected return | High expected return | |||||
The synthetic indicator shows the Sub-fund risk category based on the Sub-fund return fluctuation indices during the previous five years.
To calculate the synthetic indicator for the period when there is no Sub-fund information available, the benchmark return data are used. The benchmark is: Barclays High Yield Very Liquid Index USD.
The Sub-fund is included in the third risk category, as the historical year fluctuation of the Sub-fund return data is within the interval of 2.0% to 5.0%. Historical data of the synthetic indicator cannot be a safe performance index in the future. The indicated risk category is not guaranteed and can change in the course of time.
There is no guarantee that the Subfund will reach its investment goals, and even the figures of previous operations cannot serve as an indicator of future income.