The oldest real estate mutual fund in Slovakia. Prvý realitný fond is a suitable alternative for investors looking for long-term performance without significant fluctuations, and who want to invest their funds for more than 5 years.
Prvý realitný fond
Fund performance
Basic information
Fund detail
Documents
Fund performance
Daily data: 17. 7. 2025
Price of 1 unit certificate: 0,09255700 EUR
Equity: 549 180 525,57 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.
Prvý realitný fond, o.p.f., IAD Investments, správ. spol., a.s.
Fund creation date: 20. 11. 2006
Past performance is not a predictor of future returns.
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Graph of the annual performance values of the Prvý realitný fond 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, 17. 7. 2025
Past performance is not a predictor of future returns.
The performance figures shown are as of the last day of the previous calendar month.
The exception is the performance since the beginning of the year 2025, which is as of 17. 7. 2025.
| YTD 2025 | 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. |
|---|---|---|---|---|---|---|---|---|
| 3,56 % | 0,54 % | 2,54 % | 3,49 % | 5,68 % | 14,31 % 4,56 % |
25,51 % 4,65 % |
50,59 % 4,18 % |
178,84 % 5,65 % |
Basic information
Who is the fund for
Prvý realitný fond has the character of a balanced fund and is intended for investors with a balanced relationship to risk. The fund belongs to the category of special real estate mutual funds of a growth nature and offers the opportunity to participate in the stable income associated with the rental of real estate owned by the real estate companies of the Prvý realitný fond and with the real growth of their value. It is a good alternative for investors looking for long-term performance prospects without major fluctuations. We recommend it to investors who wish to deposit their funds for over five years. The mutual fund has a balanced investment strategy. If an investor invests for a period shorter than the recommended investment horizon, they incur an increased risk of not achieving the investment strategy’s goals.
| Fund manager: | IAD Investments, správ. spol., a.s. |
| Place of fund registration: | Slovak Republic |
| Investment focus: | special real estate fund |
| Denomination currency: | EUR |
| Bank details: | IBAN: SK55 0900 0000 0052 2768 7137 SWIFT: GIBASKBX |
| Fund creation date: | 20. 11. 2006 |
| Minimum initial investment: | 20 EUR |
| Minimum subsequent investment: | 20 EUR |
| Entry fee: | less than 16 000,00 EUR*: 3,00 %, 16 000,00 EUR* and more: individual** * total cumulative investment in our mutual funds **in compliance with the principle of equal treatment of all investors |
| Exit fee: | 0 % |
| Management fee: | 1,8 % p.a. |
| Performance fee: | 10 % (High-Water Mark share value – applies at the rate of 10 % only if the Fund’s price exceeds the value of the Fund’s highest price, the fee is calculated from the ratio of these two prices) |
| Depository fee: | 0,144 % p.a. including VAT |
| Summary Risk Indicator (SRI): | 1 2 3 4 5 6 7
We have classified this Fund as 2 out of 7, which represents a low risk class. |
| ISIN: | SK3110000682 |
| Important documents: | Documents and forms |
Fund detail
Fund characteristics:
- Special real estate fund
- Low market risk – balanced investment strategy
- The fund’s objective is steady investment growth over more than five years
- It invests primarily in real estate in Slovakia, the Czech Republic, Hungary and Poland
- Cares about diversifying the portfolio – invests in different types of real estate, such as office buildings, residential and commercial buildings, service buildings, tourism and logistics centers
- The income is achieved mainly through rents and from the market appreciation of real estate
- Invests in debt transferable securities to better appreciate temporary free liquidity
- The investor can request the payment of units on a daily basis, which will be paid to him without undue delay, but no later than within 12 months from the delivery of the complete request
Awards received:
Fund investment strategy:
The goal of the management company is to achieve and secure a return for shareholders within 5 years at the level of development of the Slovak, Czech and European real estate market. The investment policy is focused on creating the added value of the real estate portfolio through the use of suitable investment opportunities arising in the real estate market as well as through the effective performance of individual property management in order to maximize the use of individual real estate opportunities.
The mutual fund invests mainly in real estate assets – real estate in the areas of administration, logistics, housing, trade and tourism, or other real estate assets in the form of direct investments as well as indirectly through investments in real estate companies in these segments of the real estate market. Real estate assets can make up up to 90% of the mutual fund’s assets. The mutual fund may also invest in transferable securities (eg mortgage bonds, bonds) and transferable securities, the yield of which is derived from the development of the real estate market (eg property linked notes).
Factors that affect the value of assets in the fund:
Significant impact:
General market risk arising from changes in the general level of market prices or interest rates.
Average impact:
Economic growth of the economy in the countries to which the mutual fund’s investments will be directed.
Market risk arising from changes in the market value of mutual fund assets caused by changes in variable market factors such as interest rates, foreign exchange rates, stock and commodity prices, developments in the value of rents in various real estate market segments or deteriorating creditworthiness of the issuer.
The specific market risk that arises from a change in the price of only one issuer of the relevant financial instrument, which is caused by factors related to the issuer of the relevant financial instrument as well as the liquidity level of individual assets in the market.
Currency risk arising from changes in currency exchange rates.
Interest rate risk arising from changes in interest rates.
General equity risk arises from changes in the price of an equity instrument caused by changes in the prices of equity securities, without the influence of factors relating to the issuer of the relevant financial instrument.
Equity risk that arises from changes in the prices of equity securities and their impact on the value of assets in the mutual fund.
The risk of an event arises from unforeseeable circumstances that cause the market value of a financial instrument to decline suddenly or unexpectedly; event risk also includes the movement of risk on interest rate products or the risk of significant changes or jumps in stock prices.
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
Annual and Semi Annual Report
Other documents
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. The IAD is obliged to pay out the unit certificate of the First Real Estate Fund without delay, but no later than within an extended period of 12 months. Assets in the fund The first real estate fund 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.