ABLV Mutual Funds

Hereby ABLV Asset Management, IPAS invites investors of ABLV mutual funds in whose possession are shares of ABLV mutual funds to contact ABLV Asset Management, IPAS and submit information and documents for initiation of the compliance review of investor. It is necessary in order for ABLV 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.

Mutual funds’ return as at 30.09.2021

ISIN Since the beginning of 2021 Year 2020 Year 2019 Year 2018 Annualized return since inception
Government Bond Funds
ABLV Emerging Markets USD Bond Fund LV0000400315 -1.14% 4.03% 12.03% -4.23% 4.56%
ABLV Emerging Markets EUR Bond Fund LV0000400349 -0.58% 0.96% 8.83% -4.26% 3.82%
Corporate Bond Funds
ABLV High Yield CIS USD Bond Fund LV0000400331 0.68% 3.42% 12.27% -4.00% 4.87%
ABLV Global Corporate USD Bond Fund LV0000400802 0.78% 4.25% 11.47% -4.19% 2.97%
ABLV European Corporate EUR Bond Fund LV0000400810 2.87% -0.07% 4.20% -6.98% 2.38%
ABLV Emerging Markets Corporate USD Bond Fund LV0000400935 2.92% 2.45% 11.18% -4.18% 4.87%
Total Return Fund
ABLV Multi-Asset Total Return USD Fund LV0000400919 4.43% 6.85% 14.53% -6.42% 3.38%
Equity Funds
ABLV Global USD Stock Index Fund LV0000400323 9.52% 12.42% 23.16% -11.61% 3.23%
ABLV Global EUR Stock Index Fund LV0000400356 10.11% 2.35% 21.15% -12.64% 1.35%
ABLV US Industry USD Equity Fund LV0000400836 12.85% 18.67% 25.78% -8.85% 8.53%
ABLV European Industry EUR Equity Fund LV0000400844 15.05% -2.53% 23.07% -14.08% 3.70%

ABLV Mutual Funds' Reports are available here

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 in liquidation, the sale and purchase of investment certificates of the funds managed by ABLV Asset Management, IPAS are currently suspended.

In purpose to resume the possibility for the investors to sell and buy investment certificates of the mutual funds, on 22 May 2018, ABLV Asset Management, IPAS signed an agreement with AS “Baltic International Bank” on custodian services to mutual funds, but transfer of all assets was not completed till the end of 2020.

Therefore, on 21 December 2020 the Financial and Capital Market Commission registered amendments to the prospectus, regulations and basic information for investors of mutual funds under management of ABLV Asset Management, IPAS. The amendments refer to the procedure of sale and buyback of investment certificates, to the procedure of debt securities valuation and assets in other currencies revaluation, and to investment restrictions. In addition, information about the Custodian bank and information about the Council and the Board of ABLV Asset Management, IPAS is updated, as well as other editing corrections are made.

The introduced amendments in regards to the Custodian bank are related to the signed agreement on 13 November 2020 between ABLV Asset Management, IPAS and Signet Bank AS which will become the new custodian bank of the mutual funds managed by ABLV Asset Management, IPAS.

The amendments in the normative documents of the funds entered into effect on 1 January 2021 with an exception of the amendments related to the information about the custodian bank and remuneration to the custodian bank. Those particular amendments will enter into effect as soon as the agreement concluded between ABLV Asset Management, IPAS and Signet Bank AS on custodian services to mutual funds enters into effect in full. There will be a separate notice to investors about the entering into effect of those amendments.

After the agreement fully enters in to effect and the assets of the mutual funds are transferred to the accounts of the new custodian bank, ABLV Asset Management, IPAS will resume the possibility for the investors to sell and buy investment certificates of the mutual funds.

The investors will be notified of a decision about resuming then sale and purchase of the investment certificates immediately after such decision is made.