How to invest
Avaron funds’ shareholder register and transfer agent services are outsourced to Swedbank.
Professional investors can buy fund units by opening a registry account at Swedbank, by contacting Avaron for a delivery against payment (DVP) purchase or via platforms.
Non-professional investors should contact Avaron for a fund purchase.
Cut-off for all fund transactions is 11 AM Estonian time (10 AM CET). All trades settle T+3, no cash prepayment.
Open a registry account at Swedbank (only for licenced professional investors)
Fill in the application, send it together with the documents referred to in the application form to Swedbank:
Fax: +372 6131 822
Regular mail: Swedbank AS, Att. Fund Services / Transfer Agency
Liivalaia 8, 15040 Tallinn, Estonia
Your account will be opened in a few hours and you can make the subscription the same day.
Holding fund units at Swedbank is free of charge.
Buy fund units via transfer agent Swedbank (only for licensed professional investors)
Avaron Emerging Europe Fund Buy/Sell Form
Avaron Flexible Strategies Fund Buy/Sell Form
Fill in the order form and send it to Swedbank:
E-mail: firstname.lastname@example.org and email@example.com (send to both)
Fax: +372 6131 822 and +372 6644 201 (send to both)
Buy fund units via Avaron through DVP transaction (both professional and non-professional investors)
Avaron Emerging Europe Fund Buy/Sell Form for DVP
Avaron Flexible Strategies Fund Buy/Sell Form for DVP
Fill in the order form and send it by e-mail or fax to Avaron:
Fax: +372 6644 201
To buy fund units via DVP (delivery vs. payment transaction) your bank needs to be able to safekeep Estonian securities, i.e. to have a sub-custody account in an Estonian bank.
In case of any questions, please contact Avaron:
Tel: +372 6644 207, +372 6644 214
Subscription of Avaron funds should be made on the basis of the funds’ prospectus and key investor information, the relevant fund rules or articles of association and the latest available annual or semi-annual reports. Past performance is not a guarantee or indicative of future results. The funds may be profitable or make losses. There is no guarantee that investors will get back the amount invested in the funds or that it will grow. An investment in the funds entails risks, some of which are described in the prospectus of the funds. Investors should be aware of the high risks associated with investments in emerging markets such as Central and Eastern Europe. Due to the funds’ investment policy, the net asset value of a fund unit or share may be highly volatile; therefore, an investor should have a long term investment perspective (at least 5 years). Avaron shall reject an investment into the funds if the investor is not eligible to invest based on applicable securities legislation.