ABLV Emerging Markets USD Bond Fund

Fund type Government Bond Fund
Fund manager ABLV Asset Management, Jevgenijs Gžibovskis
Custodian bank ABLV Bank
Auditors KPMG Baltics
Inception date April 2007
Management fee 0.75% (p.a.)1
Investment certificates subscription fee 1.00%
Investment certificates redemption fee -
Minimum investment amount 1 000 USD
ISIN LV0000400315
Nasdaq Riga code ABLEMBFR
Bloomberg ticker ABLVEMU LR
1 based on the net asset value

Investment policy

The government bond fund's investment objective is to achieve long-term capital growth by investing fund's assets in debt securities issued or guaranteed by central banks, governments and municipalities of Emerging countries, as well as in debt securities issued or guaranteed by credit institutions or commercial companies, provided Emerging country participation in this credit institution’s or commercial company’s capital exceeds 50%.

Risk profile

The fund’s synthetic indicator represents the fund’s risk category on a scale from 1 to 7, based on the fund’s return volatility indicators.

The fund is included in 3rd risk category in accordance with the fund’s return indicators over previous 5 years. The stated fund’s risk category cannot be guaranteed and may change in course of time.

Pay attention

The historic performance is no guarantee for the fund’s future performance. This material is informative and it cannot be regarded as a proposal or recommendation to purchase or sell fund’s investment certificates mentioned herein.

Taking into consideration the restrictions imposed on ABLV Bank, AS, the sale and purchase of investment certificates of the funds managed by ABLV Asset Management, IPAS are currently suspended.

According to the Law on Investment Management Companies, the transactions with the property of funds of ABLV Asset Management, IPAS are carried out through the custodian bank, which used to be ABLV Bank, AS.

Currently, negotiations are taking place with several banks regarding the change of the custodian bank. As the agreement will be reached and a new contract signed, and the changes are registered with the Financial and Capital Market Commission, the assets of the mutual funds will be transferred to a new custodian bank. Once the decision is taken, ABLV Asset Management, IPAS operation, as well as possibility to buy and sell investment certificates of the funds for the investors will get back to the normal mode.

The decision about resuming sale and purchase of investment certificates shall be made by ABLV Asset Management, IPAS board. The investors will be immediately notified of such decision.