Advance Conservative Fund

TO ACHIEVE CAPITAL PRESERVATION AT A LOW RISK THROUGH INVESTMENT MOSTLY IN FIXED INCOME AND DIVIDEND OPPORTUNITIES.

Description

Advance Conservative Fund is an open-end mutual fund investing predominantly in low-risk and highly liquid assets – bank deposits, short-term debt securities, bonds and repo agreements (with minimum exposure to equities). The aim of the fund is to preserve and increase the value of the invested funds assuming low risk.

Investment Strategy

The strategy of Advance Conservative Fund is based on active management of a diversified investment portfolio comprising predominantly low-risk instruments with the purpose of achieving consistent, optimal preservation and increase through stable interest and dividend income at limited risk levels.

Advance Conservative Fund allows you to take advantage of local fixed income opportunities.

Karoll Capital Management
Karoll Capital Management

Prices


NAV per unit* as of 12.08.2019
n/a
%
change vs previous NAV
n/a
Issue price:
<€50 000
n/a
€50 000 - €250 000
n/a
€250 000 - €500 000
n/a
>€500 000
n/a
Net asset value*
n/a
Redemption price
n/a
3
months
6
months
12
months
YTD
3
years
Since launch

Performance

2012
2013
2014
2015
2016
2017
2018
Fund
2.71%
6.53%
-0.65%
-4.79%
-2.54%
-0.92%
-4.86%
Fund vs Benchmark
1 month6 months1 yearYTDSince launch
Fund-0.21%-0.46%-4.49%-0.74%-0.81%

Portfolio

Top 5 stocks

Risk profile

LOW RISKHIGH RISK
1234567
LOW RETURNHIGH RETURN
Overview
Type:
open-end UCITS
Focus:
Bulgaria / conservative
Domicile:
Bulgaria
ISIN
BG9000002121
Bloomberg code
ADVCONS BU
Currency:
EUR
Launch Date:
30.07.2012
Minimum investment:
1 unit
NAV as per 12.08.2019
NAV/Share:
n/a
< €50 000:
n/a
€50 000 - €250 000:
n/a
€250 000 - €500 000:
n/a
> €500 000:
n/a
Redemption Price:
n/a
Total Fund Size:
n/a
Performace
1 month:
n/a
6 months:
n/a
1 year:
n/a
YTD:
n/a
3 years:
n/a
Since launch:
n/a
Standard Deviation*:
n/a
Expenses
Subscription Fee:
< €50 000
0.00%
€50 000 - €250 000
0.00%
€250 000 - €500 000
0.00%
> €500 000
no tax
Investors in Karoll Capital’s UCITS Mutual Funds do not owe any capital gains taxes at the source.
Redemption Fee:
0.15%
Management Fee:
0.85% оf the avg annual NAV
The performance data represents historical results that do not guarantee future results. The current performance of the fund may differ from the above numbers. The return on the invested funds and the invested amount may vary with the changes in the financial markets depending on the market environment and you may realize a profit or a loss at the moment of redemption of the fund’s units.
Disclaimer
The value of the units оf the fund and the income arising from them may decrease, the profit is not guaranteed, and investors bear the risk that they may not receive the full amount of the invested funds. Investments in mutual funds are not guaranteed by a state guarantee fund or any other guarantee. The future results of the fund are not linked to its historical performance.

Documents

The value of the units оf the funds and the income arising from them may decrease, the profit is not guaranteed, and investors bear the risk that they may not receive the full amount of the invested funds. Investments in mutual funds are not guaranteed by a state guarantee fund or any other guarantee. The future results of the fund are not linked to its historical performance.The performance data represents historical results that do not guarantee future results. The current performance of the fund may differ from the above numbers. The return on the invested funds and the invested amount may vary with the changes in the financial markets depending on the market environment and you may realize a profit or a loss at the moment of redemption of the fund’s units.All funds are UCITS -IV compliant. The Fund’s NAV is calculated every business day by 5 pm local time. In order to subscribe or redeem Advance funds units, please send us an enquiry. The funds are open for trading every business day with cut-off at 5 PM Bulgarian time (4 PM CET). Subscriptions and redemptions accepted in BGN and EUR.
Investment Outlook
monthlyhighlights

How to Invest

How to invest?

Investors can open an account and place orders for subscription and redemption of units of Advance Invest at the headquarters of Karoll Capital Management and its office network every business day between 10:00 and 17:00. The order should be submitted in person or through a proxy upon client identification. The money for the subscription are wired though a bank transfer to the fund’s account at the respective custody bank.

Redemption of units

The redemption order is fulfilled within 10 days following its submission at the redemption price calculated on the nearest day following the day of submission. Investors in Advance Invest do not owe any capital gains taxes at the source.

Bank details for purchase of shares of the fund

BGN account:
BG35BPBI79425018438501
EUR account:
BG17BPBI79425418438501

Eurobank EFG Bulgaria | Beneficiary: Mutual Fund Advance Conservative Fund | BIC: BPBIBGSF

Subscription of units

The subscription order is fulfilled within 7 days from the date of placement at the issue price calculated on the nearest day following its submission.

Publishing of net asset value (NAV)

The net asset value (NAV), which serves as the basis for calculation of the issue (subscription) price and the redemption price of the fund’s units is calculated in accordance with the applicable Law and the Rules for calculation of net asset value of the fund every business day, and is published on the website of the asset management company www.karollcapital.bg, the web site of the Bulgarian Association of Asset Management Companies www.baud.bg , as well as in various media.