Swedbank ieguldījumu plāns 1980+

Registration date: 08.01.2019

Custodian bank: AS "Swedbank”

Category of the investment fund plan: Active 100

Risk category illustrates the historical volatility of investment plan unit’s value; the higher the category, the higher the historical volatility of the unit’s value Risk level: High

Prospectus:  

Investment policy:

Management is carried out using a life-cycle investment strategy, which means that the level of risk is reduced according to the age of the target participants. Currently, the target proportion of investments in Equity Securities is set at 100% of the Investment Plan's total assets. Investments are made in stocks and investment funds investing in stocks, as well as in alternative investment funds.
Investments are mainly made in euro. The Asset Manager may employ derivative financial instruments for risk mitigation purposes, as well as borrowings for ensuring short-term liquidity. In order to ensure maximum diversification of investments and the potentially best risk-return profile, the Investment Plan does not set specific targets for particular industries or geographical regions.

Management costs:

Up to 0,47 % per year. Fixed management fee: 0.42 % year, perfomance fee: up to 0.05% year. In addition, other trading and investment plan management expenses of up to 0.05% per year are deducted from the Investment Plan assets.

Manager:

Oskars Briedis

Fund manager:

AS "Swedbank Ieguldījumu Pārvaldes Sabiedrība"

Description of the fund manager:

"Swedbank Ieguldījumu Pārvaldes Sabiedrība AS" is Latvia`s biggest state funded pension scheme (or the 2nd pension pillar) asset management company in Latvia. It is also an investment management company that boasts the longest track record in this field in Latvia, and is fully-owned subsidiary of Swedbank Robur based in Sweden. In the asset management an active cooperation between Latvian and Swedish companies takes place, drawing Swedbank Robur's long experience in international markets and, combining it with the local market knowledge.

Registration number: 40003337582

Date at which the fund manager received a license to manage pension funds: 21.06.2002

Paid up capital: EUR 3 000 000

Certified auditor: SIA "PricewaterhouseCoopers"

Contacts

Address: Balasta dambis 15, Rīga, LV 1048 Phone: 67 444 444 E-mail: info@swedbank.lv Website: www.swedbank.lv

Contact person: Oskars Briedis