ABLV Global Corporate USD Bond Fund

Fund type Corporate Bond Fund
Fund manager ABLV Asset Management, Sergejs Gačenko
Custodian bank ABLV Bank
Auditors Nexia Audit Advice
Inception date June 2013
Management fee 1.00% (p.a.)1
Investment certificates subscription fee 1.00%
Investment certificates redemption fee -
Minimum investment amount 1 000 USD
ISIN LV0000400802
Nasdaq Riga code
Bloomberg ticker ABLVGCU 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 the countries of the global USD bond market.

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 3rd 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 in liquidation, the sale and purchase of investment certificates of the funds managed by ABLV Asset Management, IPAS are currently suspended.

On 22 May 2018, ABLV Asset Management, IPAS signed an agreement with AS “Baltic International Bank”, according to which ABLV Asset Management, IPAS will continue managing the mutual funds, while AS “Baltic International Bank” will become the new custodian of the funds. The agreement will enter into effect in full after all assets of the funds will be transferred to the accounts of the new custodian.

On 5 November 2018 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 that were introduced due to choosing AS “Baltic International Bank” as the custodian bank for mutual funds managed by ABLV Asset Management, IPAS.

After the agreement fully enters in to effect and the amendments to the regulatory enactments of mutual funds as registered with the Financial and Capital Market Commission accordingly enter into effect, ABLV Asset Management, IPAS will resume management operation in usually thus resuming 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 sale and purchase of investment certificates immediately after such decision is made.