NOVA Money MarketBasic information
| Fund type | Investment Fund of Qualified Investors |
|---|---|
| Investment objective | Money market instruments, financial instruments |
| Depository | Česká spořitelna, a.s. |
| Auditor | PROXY - AUDIT, s.r.o. |
| Address | V Celnici 1031/1, Prague 1, 110 00 |
| Established | January 20, 2016, reg. in the Commercial Register |
| Identif. No | 046 99 017 |
| Sub-funds | NOVA Money Market – Sub-fund 3 NOVA Money Market – Sub-fund 4 |
| Fees | |
| Entry fee | max. 3 % |
| Exit fee | 0 % |
| Management fee | 2,7 % p. a. |
| Performance fee | 30 % above 6 % IRR |
| Target return | 5-6 % p. a. |
Investment strategy Subfund 3
The objective of the investment policy of Subfund 3 is to achieve long term capital growth and appreciation of assets above the level of yield of bank deposits, particularly by means of investments in purpose-built loans to companies belonging to the Arca Capital Group.
As regards selection of debt securities, Subfund 3 is not limited by the issuer category, the level of modified duration of the bonds portfolio, or requirements for the quality of held bonds (rating); however, Subfund 3 shall primarily provide purpose-built loans to companies belonging to the Arca Capital Group, which is profiled in the market particularly in the field of customer loans, work-out receivables or private equity with a focus on real estate.
Investment strategy Subfund 4
The objective of the investment policy of Subfund 4 is to achieve long term capital growth and appreciation of assets above the level of yield of bank deposits, particularly by means of investments in purpose-built loans to companies belonging to the Arca Capital Group.
As regards selection of debt securities, Subfund 4 is not limited by the issuer category, the level of modified duration of the bonds portfolio, or requirements for the quality of held bonds (rating); however, Subfund 4 shall primarily provide purpose-built loans to companies belonging to the Arca Capital Group, which is profiled in the market particularly in the field of customer loans, work-out receivables or private equity with a focus on real estate.
