Information for mutual fund clients

Information on the amendment of the rules and prospectus of the funds INVL Umbrela Fund and INVL Baltic fund (2021-04-27)

INVL Asset Management seeking to increase the operating efficiency of the funds it manages and ensure the highest quality of services, is implementing INVL Umbrella Fund and INVL Baltic Fund strategic changes. The Bank of Lithuania approved the amendments to the Rules of the Fund on 26 April 2021.

Key CHANGES AND AMENDMENTS, that will enter into force on 30 June 2021:

The INVL Emerging Europe Bond Subfund, a subfund of the INVL Umbrella Fund, is becoming a feeder undertaking and will invest up to 100 per cent, but not less than 85 per cent, of its net assets in the investment units of the INVL Emerging Europe Bond Fund which is a subfund of the INVL Fund, an umbrella fund newly established together with partners in the Grand Duchy of Luxembourg. More information can be found in the information bulletin to investors – here.
INVL Russia ex-government Equity Subfund narrows its scope of potential investments by excluding investments n the shares of state-controlled companies, operating in Russia and neighbour countries, from its investment strategy. Because of these changes, the INVL Russia ex-government Equity Subfund’s name is being changed to “INVL Russia ex-Government Equity Subfund”. More information can be found in the information bulletin to investors – here.

INVL Baltic Fund, seeking to reduce the operating differences between all the investment fund managed by the INVL Asset Management, decided to change the cut-off time for the Fund’s applications to purchase and/or sell the investment units from the current 24:00 hrs to 11:00 hrs. More information can be found in the information bulletin to investors – here.Documents, that come in to force on 30 of June, 2021:Key Investor Information Document of the feeder fund INVL Emerging Europe Bond Subfund
Key Investor Information Document of the Master fund INVL Emerging Europe Bond Fund I

INVL Umbrella fund rules

INVL Umbrella fund prospectus

INVL Baltic fund rules

INVL Baltic fund prospectus

Information on the merger of INVL Asset Management funds (2019)

Consequent to Lithuanian Supervisory Authority’s approval, INVL Asset Management informs about the upcoming merger of INVL Baltic Fund and INVL Emerging Europe ex Russia TOP20 Subfund. The Fund merger will take effect January 15, 2020 and as a result, INVL Emerging Europe ex Russia TOP20 Subfund will be incorporated into INVL Baltic Fund (20th November 2019).
Detailed information regarding this fund merger can be found here.

The asset management company INVL Asset Management additionally reminds about upcoming fund merger and requests a notice for below stated information. (8th January, 2020).
Detailed information regarding this fund merger can be found here.

The asset management company INVL Asset Management announces that on the 15th of January this year harmonized investment fund “INVL Umbrella Fund’s” INVL Emerging Europe ex Russia TOP20 Subfund was successfully incorporated into the open-ended harmonized investment fund “INVL Baltic Fund”. (15th January 2020).
Detailed information regarding this fund merger can be found here.

Information on adjusted unit values of investment funds is available at www.invl.com (06/08/2019)

On 6 August 2019, unit values of the investment fund managed by INVL Asset Management were recalculated and adjusted for the period between 25 July 2019 and 1 August 2019.

INVL Absolute Return Subfund

25/07/2019 Unit value: €107.9453; Recalculated unit value: €107.9728

26/07/2019 Unit value: €108.0291; Recalculated unit value: €108.0986

29/07/2019 Unit value: €108.2939; Recalculated unit value: €108.4143

30/07/2019 Unit value: €108.3441; Recalculated unit value: €108.4645

31/07/2019 Unit value: €108.7068; Recalculated unit value: €108.9166

01/08/2019 Unit value: €108.4151; Recalculated unit value: €108.6249

Information on the adjusted unit value of INVL Russia ex-government Equity Subfund is available at www.invl.com (03/01/2018)

On 3 January 2018, the unit value of INVL Russia TOP20 Sub-Fund managed by INVL Asset Management on 29 December 2017 was recalculated and adjusted. The published unit price is €30.5389, after conversion the published unit price is €30.4747.

Information on adjusted unit values of investment funds is available at www.invl.com (17/07/2017)

On 17 July 2017, unit values of INVL Baltic Fund and INVL Emerging Europe ex Russia TOP20 Subfund managed by INVL Asset Management UAB were recalculated and adjusted for the period between 27 June 2017 and 13 July 2017. For more information, see here

Information on the merger of INVL Asset Management funds (2016)

Consequent to Lithuanian Supervisory Authority’s approval, INVL Asset Management informs about the upcoming merger of INVL Baltic Fund and INVL Global Flexible Subfund. The Fund merger will take effect on June 1, 2016 and as a result, INVL Global Flexible Subfund will be incorporated into INVL Baltic Fund (12th April 2016).
Detailed information regarding this fund merger can be found here.

The asset management company INVL Asset Management additionally reminds about upcoming fund merger and requests a notice for below stated information. (25th May 2016).
Detailed information regarding this fund merger can be found here.

The asset management company INVL Asset Management announces that on the 1st of June this year harmonized investment fund “INVL Umbrella Fund’s” INVL Global Flexible Subfund was successfully incorporated into the open-ended harmonized investment fund “INVL Baltic Fund”. (1st June 2016).
Detailed information regarding this fund merger can be found here.

Information for clients on the merger of INVL Asset Management investment funds (2015)

INVL Asset Management’s asset management companies in Lithuania and Latvia hereby announce that on 19 January 2016 two Latvia-registered investment funds Finasta Obligāciju Fonds and Finasta Sabalansētais Fonds were successfully incorporated into the Finasta Emerging Europe Bond Subfund of the Lithuania-registered harmonized investment fund Finasta Umbrella Fund (19th January 2016).
Detailed information regarding this fund merger can be found here.

Consequent to Latvian and Lithuanian Supervisory Authorities’ approval, INVL Asset Management informs about the upcoming cross-border merger of three investment funds, managed by asset management companies in Lithuania and Latvia. Two Latvia-registered open ended investment funds Finasta Obligāciju fonds and Finasta Sabalansētais fonds will be incorporated into Lithuania-registered Harmonized Open-ended Umbrella Investment Fund’s Finasta Emerging Europe Bond Subfund (8th December 2015).
Detailed information regarding this fund merger can be found here.