The equity mutual fund is intended for experienced investors. It focuses on the shares of Russian companies. The recommended investment horizon is at least 5 years.
KD RUSSIA
Fund performance
Basic information
Fund detail
Documents
Fund performance
Information on the decision to suspend the payment of unit certificates of the KD RUSSIA mutual fund
We kindly inform you, that IAD Investments, správ. spol., a.s. (hereinafter referred to as “IAD”) by decision of March 6, 2025, adopted at 24:00 CET in the interest of the unitholders, decided to suspend the payment of units of the Mutual Fund KD RUSSIA, o.p.f., IAD Investments, správ. spol., a.s. (hereinafter referred to as “KD RUSSIA Mutual Fund”) for the period of suspension from March 7, 2025 from 0:00 CET until March 6, 2026 until 24:00 CET on the grounds that the KD RUSSIA Mutual Fund invests its assets primarily into securities, which are shares and units of ETFs focused on Russian shares, which cannot be traded at the moment and whose value cannot currently be determined in the manner prescribed by the measure of the National Bank of Slovakia No. 13/2011.
In connection with the ongoing military conflict between the Russian Federation and Ukraine and the economic sanctions imposed on the Russian Federation, selected legal entities domiciled in the Russian Federation and natural persons who are citizens of the Russian Federation or persons connected with such persons, and the reciprocal sanctions imposed by Russia by the Federation, the usual trading on the securities market with securities and other financial instruments related to the Russian Federation is significantly disrupted, when IAD itself or through brokers does not have access to the Russian capital market Moscow Exchange (MOEX) and cannot conduct new securities transactions on MOEX, and other financial instruments related to the Russian Federation or close current positions traded on MOEX, the Russian National Clearing Depository (NSD) was included on the Consolidated List of Financial Sanctions of the European Union, which contains a consolidated list of persons, groups and entities subject to EU sanctions freezing a active and the prohibition to make funds and economic resources available to them, securities and other financial instruments related to the Russian Federation / shares of companies domiciled in the Russian Federation listed on a foreign exchange are still not traded on the London Stock Exchange, as a result of which it is still not possible to carry out trades in securities and other financial instruments related to the Russian Federation traded on a regulated market and it is not possible to determine their value even with due professional care.
From the date of suspension of the payment of units of the KD RUSSIA Mutual Fund, IAD may not pay out or issue units of the KD RUSSIA Mutual Fund.
IAD hereby informs investors that it does not record any pending request for the issue of the units of the KD RUSSIA Mutual Fund and no pending request for the redemption of the units of the KD RUSSIA Mutual Fund and kindly asks investors NOT to request further applications for the issue of the units of the KD RUSSIA Mutual Fund until the resumption of the issue and redemption of the units of the KD RUSSIA Mutual Fund and NOT make any further payments to invest in the KD RUSSIA Mutual Fund, as the IAD will be forced to refuse to issue the KD RUSSIA Mutual Fund’s units at this time.
IAD will inform unitholders about the resumption of the payment of unit certificates at the registered office of IAD and at the website www.iad.sk. Upon resumption of the issue and redemption of KD RUSSIA Mutual Fund Units, IAD will issue or redeem units whose issue or redemption has been suspended at the current price of the KD RUSSIA Mutual Fund Unit on the date of resumption of unit redemption.
Daily data: 2. 3. 2022
Price of 1 unit certificate: 0,00621600 EUR
Equity: 888 130,43 EUR
Performance graph of the mutual fund in EUR
Move the cursor over the curve to show performance of the mutual fund on the relevant date. For a period of over 1 year, the fund’s performance is shown cumulatively.
KD RUSSIA, o.p.f., IAD Investments, správ. spol.,a.s.
Fund creation date: 20. 1. 2006
Past performance is not a predictor of future returns.
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Graph of the annual performance values of the KD RUSSIA mutual fund for the last 10 years as of
Past performance is not a prerequisite for future returns.
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Fund performance in EUR, 2. 3. 2022
Past performance is not a predictor of future returns.
The performance shown is on the last day of the previous calendar month, with the exception of the value YTD 2022, which is reported as of 2. 3. 2022.
Past performance is not a predictor of future returns.
| YTD 2022 | 1 month | 3 months | 6 months | 1 year | 3 years cumul. / p.a. | 5 years cumul. / p.a. | 10 years cumul. / p.a. | Since inception / p.a. |
|---|---|---|---|---|---|---|---|---|
| -77,33 % | -64,20 % | -66,67 % | -66,63 % | -59,37 % | -56,28 % -24,08 % |
-60,16 % -16,80 % |
-62,70 % -9,39 % |
-81,27 % -9,87 % |
Basic information
Who is the fund for
The mutual fund is intended for experienced investors who expect a higher return but accept a higher risk of a decrease in the investment value. The recommended investment horizon is at least 5 years.
| Fund manager: | IAD Investments, správ. spol., a.s. |
| Place of fund registration: | Slovak Republic |
| Investment focus: | mixed funds |
| Denomination currency: | EUR |
| Bank details: | IBAN: SK11 0900 0000 0052 2768 7153 SWIFT: GIBASKBX |
| Fund creation date: | 20. 1. 2006 |
| Minimum initial investment: | 20 EUR |
| Minimum subsequent investment: | 20 EUR |
| Entry fee: | for total cumulative investments in mutual funds: 3,5 % up to 3 000,00 € 3,0 % up to 33 000,00 € 2,5 % up to 165 000,00 € Over 165 000,01 €: individually, while in compliance with the principle of equal treatment of all investors |
| Exit fee: | 0 % |
| Management fee: | 3 % p.a. |
| Depository fee: | 0,180 % p.a. including VAT |
| Summary Risk Indicator (SRI): | 1 2 3 4 5 6 7
We have classified this Fund as 6 out of 7, which represents the second highest risk class. |
| ISIN: | SK3110000708 |
| Important documents: | Documents and forms |
Fund detail
Fund characteristics:
- Equity fund – invests primarily in shares
- For experienced investors
- The recommended investment horizon is at least 5 years
- The objective is to generate a higher long-run return than other types of mutual funds, while accepting the risk of considerable changes in the investment value
- It is not limited by currency (invests in RUB, USD, GBP)
- Second highest risk class
- Regionally limited to the countries of the Russian Federation and the former Soviet Union
Investment strategy:
The investment policy aims to invest the mutual fund’s assets mainly in the shares of companies domiciled in Europe, the emerging regions of Europe, the Russian Federation, the former Soviet Union and Turkey, traded on European, Russian and American stock exchanges, without regional or sectoral restrictions, into transferable debt securities and money market instruments of issuers domiciled in Europe, into unit certificates of other standard and special funds and securities of foreign collective investment undertakings (referred to as Exchange Traded Fund) traded on European and American stock exchanges whose underlying assets are equity and bond asset classes, in line with the mutual fund’s risk profile, in order to achieve appreciation through dividend and interest income from financial instruments as well as from the price appreciation of financial instruments in the recommended investment horizon specified in the sales prospectus. mutual fund and in the Key Investor Information Document (hereinafter referred to as “KIID”). The share of shares in the mutual fund’s assets represents at least 10% and can make up to 100% of the value of the mutual fund’s assets. The mutual fund has an increased limit on corporate investments (concentration risk). As part of its investment strategy, the mutual fund also invests in instruments denominated in currencies other than the euro in order to achieve returns on exchange rate movements as well. Investments in financial derivatives are used for the purpose of achieving returns as well as for the purpose of hedging the equity, interest rate and currency risk of the mutual fund. The aim of the mutual fund is not to copy any financial index, nor is the development of any financial index monitored during the selection of investments, and a proactive approach to investments is applied.
Factors influencing the development of the fund’s value are in particular:
Significant impact:
General market risk arising from changes in the general level of market prices or interest rates.
Market risk arising from changes in the market value of positions in the mutual fund caused by changes in variable market factors, such as exchange rates and share prices.
Currency risk arising from changes in currency exchange rates.
Equity risk arising from changes in the prices of equity securities.
Average impact:
Economic growth / decline of the economy in the countries to which the mutual fund’s investments will be directed.
Specific market risks arising from a change in the price of only one issuer of the relevant financial instrument.
The risk of an event due to unforeseeable circumstances that cause the market value of a financial instrument to decline suddenly or unexpectedly.
Interest rate risk, which means the risk of loss resulting from changes in interest rates and their impact on the value of assets in the mutual fund.
Documents
Statutes, sales prospectuses and key information documents
Sales Prospectus and Fund Statute (from 12.03.2025) (SVK)
Document with key information (from 12.03.2025) (SVK)
Additional information supplementing the key information document:
Comments on the fund
Monthly report - December 2021
Monthly report - November 2021
Monthly report - September 2021
Monthly report - February 2021
Monthly report - December 2020
Monthly report - November 2020
Monthly report - September 2020
Monthly report - February 2020
Monthly report - December 2019
Monthly report - November 2019
Monthly report - September 2019
Monthly report - February 2019
Monthly report - December 2018
Monthly report - November 2018
Monthly report - September 2018
Monthly report - February 2018
Monthly report - December 2017
Monthly report - November 2017
Monthly report - September 2017
Monthly report - February 2017
Monthly report - December 2016
Monthly report - November 2016
Monthly report - September 2016
Annual and Semi Annual Report
Are you interested in investing in mutual funds or looking for further information?
This material is a marketing announcement. Before making any investment decision, review the sales prospectus, articles of association and key investor information document for IAD Investments, reports. spol., a.s. (hereinafter referred to as “IAD”) in the Slovak language at the registered office of IAD, at points of sale, at the registered office of the depositary or at www.iad.sk. For more information, contact your financial intermediary or www.iad.sk.
The value of the investment in the mutual fund may also decrease and the return on the amount originally invested is not guaranteed. There is also a risk associated with investing in mutual funds. In accordance with the mutual fund statutes, the share of securities issued by states and international organizations listed in the annex to the statutes of individual mutual funds may exceed 35% of the value of the fund’s assets, which may reach up to 100%. The IAD is obliged to pay out the unit certificate of the Prvý realitný fond and the Korunový realitný fond without delay, but no later than within an extended period of 12 months. Assets in the fund Prvý realitný fond is invested mainly in real estate, including accessories for the purposes of their management and sale, in ownership interests in real estate companies and in liquid financial assets, the economic nature of which results in close links with the real estate market. Korunový realitný fond has at least 85% of its assets continuously invested in the units of the Prvý realitný fond.