This represents a hypothetical return on an investment of 1 million CZK. For the purpose of calculating the model profit, the expected minimum return of PIA for the respective period was used.
CZK
545
M
volume of property
2
premium apartment buildings
116
apartments
newly built
Priority investment shares
9.0-9.1% p.a.
*
Expected returns
Min. investment
CZK 1 000 000
Horizon
3 years
PIA evaluation achieved
1 month
0.71%
3 months
2.14%
12 months
9.10%
Since first subscription (25 months)
19.26%
PIA+PRIA/VIA Ratio (Fund Capital in million CZK)
24.46/65
PIA Value
CZK 1.1926
Development of the value of preferred investment shares (PIA) in CZK
Model Investor Profit in CZK
Redistribution Guarantee Mechanism
Fund parameters
Volume of property/assets as of 31. 12. 2024
CZK 544,926,078
Own assets as of 31. 12. 2024
CZK 89,568,320
Focus of the fund
real estate – Rezidence Žižkova and Rezidence Starý pivovar development
Legal form
SICAV, joint-stock company with variable capital
Fund type
qualified investor fund
Securities
priority investment shares (PIA)
Public marketability
yes
Frequency of subscription of investment shares
monthly
Estimated annual yield on investment shares
9.0–9.1% p.a. in the period of 1/9/2023 – 31/12/2026, thereafter 7.0–7.1% p.a.
Repurchases of investment shares
up to 2 months
Fund duration
for indefinite period/until completion of the projects
Minimal investment
CZK 1 million, in case of AVANT Flex CZK 100,000
Investment horizon
3 years
Entry fee
up to 6%
Repurchase fee, according to the conditions specified in the fund status
0% when repurchasing after 24 months
8% when repurchasing earlier than after 24 months
8% when repurchasing earlier than after 24 months
Fund Manager
FAMILY ACE investiční společnost, a.s.
Fund Administrator
AVANT investiční společnost, a. s.
Costs of the fund
maximum 3% p.a. from an average asset value
Depository
Československá obchodní banka, a.s.
Auditor
PKF APOGEO Verifica, s.r.o.
Regulation and Legal Framework
Czech National Bank and the Czech Republic
Fund appreciation tax
5% of profit
Taxation of shareholders – natural persons
15% when repurchasing earlier than after 3 years
0% when repurchasing after 3 and more years
0% when repurchasing after 3 and more years
The data presented are valid as of 31 December 2024.