ABLV High Yield CIS USD Bond Fund

Fund type Corporate Bond Fund
Fund manager ABLV Asset Management, Sergejs Gačenko
Custodian bank ABLV Bank
Auditors KPMG Baltics
Inception date June 2007
Management fee 1.25% (p.a.)1
Investment certificates subscription fee 1.00%
Investment certificates redemption fee -
Minimum investment amount 1 000 USD
ISIN LV0000400331
Nasdaq Riga code ABLHYBFR
Bloomberg ticker ABLVHYU LR
1 based on the net asset value

Investment policy

The corporate bond fund's investment objective is to achieve long-term capital growth by investing fund's assets in debt securities issued or guaranteed by commercial companies or credit institutions registered in CIS states.

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 4th 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.