ABLV Mutual Funds

Hereby Integrum Asset Management IPAS (formerly known as ABLV Asset Management, IPAS) invites investors of ABLV mutual funds in whose possession are shares of ABLV mutual funds to contact Integrum Asset Management IPAS and submit information and documents for initiation of the compliance review of investor. It is necessary in order for Integrum Asset Management IPAS to comply with the requirements of legal acts aimed at prevention of risks related to money laundering, terrorism and proliferation financing, as well as sanction violations. More information on creditor compliance review is available here.

Integrum Asset Management IPAS has completed the transfer of the assets of the mutual funds to the accounts of the new custodian bank and will completely resume the transactions with the investment certificates on 04.01.2022. More information on resuming the transactions with the investment certificates is available here.

Due to the sanctions imposed on Russia, there is a restriction on transactions with ABLV High Yield CIS USD Bond Fund investment certificates. More information is available here.

Please note that merger of ABLV European Corporate EUR Bond Fund and Integrum Global Bond Fund subfund Integrum Global EUR Bond Fund is proposed. Information on merger available here.

Mutual funds’ return as at 31.10.2022

ISIN Since the beginning of 2022 Year 2021 Year 2020 Year 2019 Annualized return since inception
Bond Funds
Integrum Global USD Bond Fund LV0000400315 -13.79% -1.87% 4.03% 12.03% 3.20%
Integrum Global EUR Bond Fund LV0000400349 -17.78% -1.58% 0.96% 8.83% 2.16%
ABLV High Yield CIS USD Bond Fund LV0000400331 -36.96% -0.22% 3.42% 12.27% 1.37%
ABLV Global Corporate USD Bond Fund LV0000400802 -4.89% 0.09% 4.25% 11.47% 2.00%
ABLV European Corporate EUR Bond Fund LV0000400810 -9.80% 2.55% -0.07% 4.20% 0.96%
ABLV Emerging Markets Corporate USD Bond Fund LV0000400935 -6.75% 2.32% 2.45% 11.18% 3.01%
Total Return Fund
Integrum Multi-Asset Total Return USD Fund LV0000400919 -17.12% 6.10% 6.85% 14.53% 0.63%
Equity Funds
ABLV Global USD Stock Index Fund LV0000400323 -19.73% 15.38% 12.42% 23.16% 1.90%
ABLV Global EUR Stock Index Fund LV0000400356 -15.82% 14.46% 2.35% 21.15% 0.37%
ABLV US Industry USD Equity Fund LV0000400836 -14.71% 21.34% 18.67% 25.78% 6.43%
ABLV European Industry EUR Equity Fund LV0000400844 -13.35% 21.55% -2.53% 23.07% 2.24%

Please be advised that the fund management company may delegate certain fund management services to another person who has the appropriate qualification and experience in providing relevant services in the manner prescribed by the Law on Investment Management Companies.

According to agreements on delegation of services concluded between the Company and ABLV Bank, AS in liquidation (credit institution in liquidation, single registration number 50003149401, legal address: Skanstes 7, k-1, Riga), ABLV Bank, AS in liquidation provides the Company with services related to accounting of funds, including the preparation of external reports, as well as the management of information systems.

According to service delegation agreement concluded between the Company and SIA Confero Technologies (single registration number 40203176720, legal address: 23 Elizabetes Street, Riga, LV-1010, provides information technology services), SIA Confero Technologies provides the Company with services related to management of information systems.

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.

On Settlements in US dollars

As a result of recent European Union and US OFAC sanctions against Russia, settlements with Russian banks are obstruct or impossible.

If the investor's account holder uses a correspondent account in a Russian bank for settlements in US dollars, settlements on investment certificates of investment funds managed by Integrum Asset Managemenet IPAS (hereinafter - the Funds) in US dollars are not possible.

Therefore, if you are planning to apply for redemption of investment certificates of the Funds denominated of US dollar, please contact your account holder in advance to specify if the account holder will be able to arrange settlements in US dollars.

If the account holder cannot ensure settlements in US dollars for the redemption of investment certificates of the Funds, it is possible to indicate in the redemption application that settlements for the redemption of investment certificates of the Funds denominated in US dollars should be made in the euro currency.