our contact phones
044 390-5760
044 390-5766
|
|
| Objective and Main Investment Targets |
 |
Maximum appreciation of capital through medium-term
investment in Ukrainian equities with growth potential higher than market
average |
 |
|
 |
| Number and Date of State Registration as a Fund |
|
#354 April 14, 2006 |
 |
|
 |
| Registration Code |
|
132354 |
 |
|
 |
| Dominant Asset Class |
|
Ukrainian Equities (see: Investment Declaration) |
 |
|
 |
Statutory Fund, Inc.Initial Paid-Up Statutory Fund |
|
UAH 100,500,000 UAH 500,000 |
 |
|
 |
| Inception Date |
|
January 31, 2006 |
 |
|
 |
| Termination Date |
|
April 30, 2011 |
 |
|
 |
INVESTMENT RESTRICTIONS
According to the current legislative requirements for non-diversified
corporate investment funds and additional conditions:
- No less than 50% of the Fund total asset value must be invested in
equities;
- The Fund may not purchase or additionally invest in the securities issued
by one and the same issuer the amount to exceed 10% of total value of the Fund
(See: Investment Declaration).
SHARES OUTSTANDING
| Type and Form |
 |
Ordinary Registered; Documentary |
 |
|
 |
| Face Value |
|
UAH 10,000 |
 |
|
 |
| Number of shares issued |
|
10,050 |
 |
|
 |
| Certificate of Issuance |
|
September 19, 2007, # 788 |
 |
|
 |
| Transferability of the Shares |
|
The Shares are freely tradable |
 |
|
 |
SECOND ISSUE OF SHARES AUTHORIZED (See: Prospectus)
| Total Authorized Face Value of the Issue |
 |
UAH 100,000,000 |
 |
|
 |
| Total Authorized Number of Shares of the Issue |
|
10,000 |
 |
|
 |
| Mode of Placement |
|
Public Offering |
 |
|
 |
| Beginning Date of Placement |
|
May 23, 2006 |
 |
|
 |
| Ending Date of Placement |
|
May 23, 2007 |
 |
|
 |
REDEMPTION
Redeemable at the end of the term of the Fund at the price based on the NAV.
DIVIDEND POLICY
All capital gains and receipts are automatically reinvested. No dividend will
be accrued or paid out.
BENCHMARK
National Bank's of Ukraine Refinancing Rate (to be used as the hurdle rate).
FEES AND EXPENSES
Agents' Sales Charge, Loads (direct expenses)
| Agents' Front-End Sales Commission (increasing the
resulting share price) |
 |
0.25% |
 |
|
 |
| Agents' Back-End Sales Commission (decreasing the resulting share
value) |
|
0.25% |
 |
|
 |
Fund Operating Expenses (indirect expenses)
| Management Fee |
 |
Monthly fee equal to 1 /12 of 2.5% (i.e. 2.5% per annum)
of the NAV; adjusted annually at the end of fiscal year. |
 |
|
 |
| Incentive (Performance) Fee |
|
Upon termination; 15% of excess of the gain over the hurdle
rate. |
 |
|
 |
| Other Expenses: custodian, broker, audit, notary, etc. (See: Regulations of the Fund) |
|
Actually incurred by the Fund but not to exceed 5% of annual average
NAV. |
 |
|
 |
LISTING
Listed in PFTS (ticker - IFSNR3).
REGULATION AND MONITORING
The State Securities and Stock Market Commission (Ukraine).
FUND MANAGEMENT
Management Company: Open Joint-Stock Company "KINTO" (under current name
since January 8, 2003; previous name - OJSC "Investment Company "Kyiv Investment
Company" (KINTO).
License to manage assets of institutional investors (asset management
activity) AB No. 416672, expires 27.01.2011.
Company was founded in 1992. KINTO provided services on asset management and
consulting to domestic and international investment funds and individual
investors, including in the course of voucher mass privatization.
OTHER FUNDS MANAGED BY KINTO
"Dostatok" Fund (Interval Diversified Unit Investment Fund), “Classical” Fund
(Open-end Diversified Unit Investment Fund), "Narodny" Fund (Interval
Diversified Unit Investment Fund), “KINTO Capital” Fund (Open Joint Stock
Company, Closed-end Non-Diversified Corporate Investment Fund),“Synergy Bond”
Fund (Open Joint Stock Company, Closed-end Non-Diversified Corporate Investment
Fund), “Synergy Real Estate” Fund (Open Joint Stock Company, Closed-end
Non-Diversified Corporate Investment Fund), “Synergy - 4” Fund (Open Joint Stock Company,
Closed-end Non-Diversified Corporate Investment Fund), “Synergy - 5” Fund (Open Joint Stock Company,
Closed-end Non-Diversified Corporate Investment Fund), “Synergy - 7” Fund (Open Joint Stock Company,
Closed-end Non-Diversified Corporate Investment Fund).
CONTACT
|