Avaron Flexible Strategies Fund
The Fund is targeted to private individuals and corporate investors who wish to preserve their capital through business cycles but are willing to accept risk in order to earn moderate returns. The assets of the Fund may be invested in any liquid financial asset (incl. cash, deposits, bonds, equities, other investment funds, derivatives). The Fund’s assets shall be invested globally, with a focus on Europe. The Fund’s risk level and portfolio allocation shall vary over time in accordance with the views of Avaron investment managers. Overall investors should accept that relatively high risk is associated with investing into the Fund. There is no guarantee that investors will get back the amount invested. The Fund is suited to an investor who does not want to follow the markets daily himself or herself and wishes the Avaron investment team to decide the allocation of each asset class (equities, bonds, deposits). Fund units can be redeemed with prior notice of 7 or 30 calendar days. However, arising from the Fund’s investment strategy an investor should have an investment horizon of at least 3 years. Should the horizon fall below three years, investor should consider exiting the Fund.
Performance overview
| Unit | NAV | YTD | 1D | 1M | 1Y | 3Y | 5Y | 10Y | CSV |
|---|---|---|---|---|---|---|---|---|---|
| NAV | 18.6621 | 3.04% | 0.28% | -0.58% | 2.30% | 17.84% | 9.91% | 38.55% |  |
As of 2023-03-30
The rate of return achieved by the fund in past periods does not guarantee the rate of return of the fund in future periods.
Fund facts
| FEES | |
|---|---|
| Min investment | - |
| Front-end Load | 0% |
| Management fee | 0.95% |
| Performance fee | 10% over eurozone inflation rate |
| Back-end Load | 0% with 30 days redemption notice 1.5% with 7 days redemption notice |
| Tickers | |
|---|---|
| ISIN code | EE3500100922 |
| Bloomberg ticker | AVFLXSB ET Equity |
| Reuters RIC | 68045684 |
| Telekurs ID | CH10983158 |
| WKN code |
Fund Launch Date
December 17, 2008
Fund Type
non-UCITS, public common alternative investment fund
Fund Domicile
Estonia
Share Class Type
Accumulating
Asset Class
Absolute return, all liquid asset classes (incl. equities, bonds, funds, derivatives, cash)
Investment Region
Global with Emerging Europe bias
Main Countries Invested in
Balkan, Baltics, CIS & Russia, Scandinavia, Turkey, Western Europe
NAV Frequency
Daily (Estonian banking day)
Base Currency
EUR
Dealing
Purchases every working day, sales with notice period of 7 or 30 calendar days
Fund Management Company
AS Avaron Asset Management, registry code 11341336
Location of the Fund
Narva mnt 7D, 10117 Tallinn, Estonia
Fund Managers
Valdur Jaht, Peter Priisalm, Rain Leesi
Fund Administration
NAV Calculation
Depositary
Transfer Agent
Swedbank AS, registry code 10060701, registered address: Liivalaia 8, 15040 Tallinn, Estonia. Contact: ta@swedbank.ee; Fax: +372 6131 822
Financial Supervision
Financial Supervision Authority of Estonia, registered address: Sakala 4, 15030 Tallinn, Estonia. Website: www.fi.ee
External Auditor
KPMG Baltics OÜ, registered address: Narva mnt 5, 10117 Tallinn, Estonia, register code 10096082
Internal Auditor
AS PricewaterhouseCoopers Advisors, registry code 10325507, registered address: Pärnu mnt 15, 10141 Tallinn, Estonia. Website: www.pwc.com
Fund key facts
Region
Global with Emerging Europe bias
Asset Class
Absolute return, all liquid asset classes (incl. equities, bonds, funds, derivatives, cash)
Type
public common alternative investment fund
Domicile
Estonia
Investment style
Value, stock-picking
UN PRI (ESG)
Compliant
Launch Date
December 17, 2008
Share Classes
Accumulating
Risk indicator
The risk indicator assumes that you keep the fund
for 3 years
Fund documents
ISIN codes
Unit
EE3500100922
All documents
All fund facts & costs
How to invest?
