CBL Indeksu plāns

Registration date: 04.02.2022

Custodian bank: AS "Citadele banka"

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

The total expense ratio (TER) reflects the total annual actual costs of running an investment plan to its average net asset value; the actual expenses covered by TER are: remuneration to asset manager, remuneration to asset holder and other expenses not associated with the management of the investment plan TER: 0.07%

Prospectus:  

Investment policy:

The main objective of the Plan is to achieve long-term capital growth by investing 100% of investment plan’s assets in the global equity markets (stocks of corporations). Pension plan’s assets are invested in the investments funds that mostly replicate major developed and developing countries’ market indexes, i.e. index funds and ETFs. The investment plan is managed by implementing passive investment management strategy – regardless of the situation on the financial markets the share of investments in the equities is close to the allowed 100% of the plan’s assets. The main objective of using index funds, which replicate the performance of market indexes, and passive strategy is to lower asset management costs.

Management costs:

Fixed management fee: 0.08% per year, including 0% management fee and 0.08% custody fee
Performance fee: not applicable

Manager:

Zigurds Vaikulis, Andris Kotāns

Fund manager:

IPAS "CBL Asset Management"

Description of the fund manager:

The quality of the services provided by IPAS “CBL Asset Management” is ensured by a team of professional financial investment specialists, which consists of 11 experienced portfolio managers, analysts and economists, taking care on a daily basis that pension funds are invested wisely and ensure an optimal risk and profit ratio. The asset manager combines extensive long-term experience in the financial markets of Europe and developing countries with carefully selected and regularly analysed, as well as constantly monitored products of other asset managers representing different regions of the world and types of securities.

Registration number: 40003577500

Date at which the fund manager received a license to manage pension funds: 20.09.2002

Paid up capital: EUR 5 904 918

Certified auditor: SIA "KPMG Baltics"

Contacts

Address: Republikas laukums 2a, Rīga, LV-1010, Latvija Phone: 67010000 E-mail: pfonds@citadele.lv Website: www.cblgroup.com

Contact person: Agnese Zvaigznīte