Fipox Finance

Croatia Property Fund SICAV, a.s.

Why invest in the fund Croatia Property Fund SICAV, a.s.

Above-average expected return on priority investment shares (CZK and EUR) of 8.5% p.a.
Preferential return for holders of priority investment shares (CZK and EUR) of up to 7% p.a. ahead of the fund’s founders.
Guaranteed return for PIA CZK shareholders of 7% p.a. The guarantee takes the form of a redistribution of fund capital from holders of performance investment shares (VIA) to PIA CZK holders, up to the amount of this fund capital.
The ability to monitor construction progress and investment growth in real time
The fund draws inspiration from international trends during construction.
Investment in the growing property market in Croatia, which is attracting interest from investors across Europe.
The fund builds on the extensive experience of the property development company DOMOPLAN a.s.

Advantages of investing through a qualified investor fund

The possibility of income tax exemption for individuals upon the redemption of investment shares after 3 years
Ongoing monitoring of the management of the fund’s assets by the custodian
Professional support from the fund manager and administrator
Verification of accounting values by an independent auditor
Regulation by the Czech National Bank
Lower 5% income tax rate for investment funds

Priority investment shares CZK

Minimal investment

CZK 1 000 000

Investment horizon

4 years

Expected appreciation

8.5% p.a.

Model return for an investor in PIA CZK in CZK

This is a hypothetical return on an investment of CZK 1 million, in which the fund’s expected net return of 12% p.a. for the relevant period was used to calculate the model profit.

Priority Investment Shares EUR

Minimal investment

EUR 50,000

Investment horizon

4 years

Expected appreciation

8.5% p.a.

Model return for an investor in PIA EUR in EUR

This is a hypothetical return on an investment of EUR 50,000, in which the fund’s expected net return of 12% p.a. for the relevant period was used to calculate the model profit.

Fund parameters

VALUE OF UNDERLYING ASSETS

CZK 500 million

FUND FOCUS

Development projects for seaside resorts in Croatia

LEGAL FORM OF THE FUND

Open-ended investment company (SICAV)

Fund type

Qualified Investor Fund (FKI)

SECURITY

CZK Priority Investment Shares (PIA CZK)
EUR Priority Investment Shares (PIA EUR)

PUBLIC TRADABILITY

No

FREQUENCY OF INVESTMENT SHARE (IA) SUBSCRIPTION

Monthly

EXPECTED ANNUAL RETURN ON IA

PIA CZK and PIA EUR 8.5% p.a.

REDEMPTIONS IA

Within 6 months (the share continues to appreciate for a further 3 months)

FUND TERM

Indefinite

MINIMUM CLIENT INVESTMENT

PIA CZK 1 million
PIA EUR 50,000

CLIENT INVESTMENT HORIZON

4 years

ENTRY FEE

Up to 3%

EXIT FEE, IN ACCORDANCE WITH THE TERMS SET OUT IN THE FUND’S ARTICLES OF ASSOCIATION

0% on redemption after 36 months
4% on redemption after 24 months
8% on redemption within 24 months

FUND MANAGER

FAMILY ACE investiční společnost, a.s.

FUND administrator

AVANT investiční společnost, a. s.

DEPOSITARY

Československá obchodní banka, a.s.

Auditor

PKF Apogeo Audit, s.r.o.

REGULATION AND LEGAL SYSTEM

Czech National Bank and the Czech Republic

TAXATION OF FUND RETURNS

5% of the fund‘s profit

TAXATION OF SHAREHOLDERS – INDIVIDUALS

15% for redemption within 3 years, 0% for redemption after 3 years

Croatia Property Fund SICAV, a.s. is a fund for qualified investors pursuant to Act No. 240/2013 Coll., as amended, on investment companies and investment funds. Only a qualified investor within the meaning of Section 272 of Act No. 240/2013 Coll., can become an investor in the fund. The investment company advises investors that the value of an investment in the fund may fall as well as rise, and the return of the original investment is not guaranteed.

The fund’s performance in previous periods does not guarantee the same or higher performance in the future. Investment in the fund is intended to generate returns through medium-term and long-term holding, and is therefore not suitable for short-term speculation. Potential investors should, in particular, consider the specific risks that may arise from the fund’s investment objectives, as set out in its prospectus. The investment objectives are reflected in the recommended investment horizon, as well as in the fund’s fees and costs.

The Key Information Document (KID) is available at www.avantfunds.cz/informacnipovinnost. Further important information for investors, information on the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) can be found at
https://familyace.cz/upozorneni-pro-investory/. The information provided is intended solely for informational and promotional purposes; it does not constitute an offer, invitation or recommendation to invest, nor a proposal to enter into a contract under the provisions of the Civil Code.

Croatia Property Fund SICAV, a.s.
Na příkopě 859/22, 110 00, Praha 1-Nové Město

ID 244 20 301, File No. B 30434/MSPH registered at the Municipal Court in Prague

Want to become an investor? Or find out more details? Leave your contact.

*All form fields are required
By submitting you agree to the processing of your personal data.

Send