Order fund factsheets


Contacts:

Phone: +372 664 4205
Fax: +372 664 4201
E-mail: info@avaron.com


Address:
Narva Road 7D
Entrance B
10117 Tallinn, Estonia

Fund facts of Avaron Flexible Strategies Fund

Fund Launch DateDecember 17, 2008
Fund TypeClosed-end, non-UCITS
Fund DomicileEstonia
Share Class TypeAccumulating (fund does not pay dividends, dividends received are reinvested)
Asset ClassAbsolute return, all liquid asset classes (equities, bonds, funds, derivatives, cash)
Investment RegionGlobal with Emerging Europe bias
NAV FrequencyDaily (Estonian banking day)
Base CurrencyEUR
Subscription Cut-off11 AM Estonian time (10 AM CET), settlement T+3
Redemption Cut-offLast business day of month 11 AM Estonian time (10 AM CET), receive cash in 1 or 3 months
Public MarketingEstonia
Fund Management     CompanyAS Avaron Asset Management, registry code 11341336, registered address: Narva mnt 7D, 10117 Tallinn, Estonia. Contact: invest@avaron.com
Location of the FundNarva mnt 7D, 10117 Tallinn, Estonia
Fund ManagersKristel Kivinurm-Priisalm, Valdur Jaht, Peter Priisalm
Fund Administration          NAV Calculation               Depositary                         Transfer Agent Swedbank AS, registry code 10060701, registered address: Liivalaia 8, 15040 Tallinn, Estonia. Contact: ta@swedbank.ee;  Fax: +372 613 1822 
Financial Supervision Financial Supervision Authority of Estonia, registered address: Sakala 4, 15030 Tallinn, Estonia. Website: www.fi.ee
External AuditorKPMG Baltics OÜ, registered address: Narva mnt 5, 10117 Tallinn, Estonia, register code 10096082
Internal AuditorAS PricewaterhouseCoopers Advisors, registry code 10325507, registered address: Pärnu mnt 15, 10141 Tallinn, Estonia. Website: www.pwc.com  
    
    
Unit ClassB Unit  
Min. Initial Investment-  
Subsequent Next-  
Front-end Load-  
Back-end Load 0% with 3 month redemption notice
 1.5% with 1 month redemption notice
  
Management Fee1.25%  
Performance Fee               (Unit based) 10% over 12m Euribor  
High WatermarkAnnual resetting  
ISIN CodeEE3500100922  
Bloomberg AVFLXSB ET Equity  
TelekursCH10983158  
Lipper ID68045684  
    
Frequently Asked Questions
How can I buy the fund?
There are two ways to buy and sell the fund units.
1) You can open a registry account at the fund's transfer agent Swedbank, transfer the money and make a subscription.
  Holding fund units at Swedbank is free of charge. Read more from here.
2) You can send your order to Avaron and make a subscription through delivery versus payment transaction. In that case electronic fund units will be settled with T+3 at your bank's custody. Your bank needs to be able to safekeep Estonian securities. Read more from here.

Is it possible to subscribe in shares or amount?
It is possible to subscribe in shares but subscriptions in euro amount are preferred.

What is the number of decimals?
Fund units (shares) have 3 decimals, share price (NAV) has 4 decimals.

Do I need to make a prepayment for subscription?
No, the cash needs to be transferred to fund's account by settlement date.