(High quality corporate bond fund)
The Subfund has been created for the purpose of receiving a relatively stable income in the mid- long-term perspective. The Subfund provides an opportunity of achieving a relatively stable income on the target time horizon for its investors, by investing in high quality debt securities of the investment level.
The time horizon of the potential investor is from the mid- to long-term (over two years), the risk tolerance is average.
The Subfund investors can be both private individuals and legal entities.
| Name of the Subfund | Rietumu Asset Management Fund - Fixed Income Investment Grade USD |
|---|---|
| ISIN | LV0000400901 | Stock Ticker Symbol | RAMIGUFR |
| Date of Establishment | 12 September 2014 |
| Registration Place | Latvia |
| Status | Open |
| Currency | USD (US dollar) |
| Price Calculation | Daily |
| Purchase Commission | 0.2% |
| Sale Commission | 0.0% |
| Management Fee | 0.6% (per annum) |
| Custody fee | 0.2% (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 Investment Grade Fund USD
LV0000400901 |
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 Subfund is included in the second risk category, as the yield variability index of the market standard during the required period was within the interval of 0.5% to 2.0%.
When there are no data available on the Subfund’s yield, data on the yield of the market standard are used to calculate the aggregate data. The market standard: Barclays US Aggregate Bond Index USD.
The Subfund is included in the third risk category, as the yield variability index of the market standard during the required period was within the interval of 2.0% to 5.0%. The low risk category presupposes a complete absence of risk. The historical value of the aggregate data can serve as a reliable indicator of future activity. The provided risk category is not guaranteed and can change with 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.