BASIC INFORMATION

Type of fund: Qualified Investors‘ Fund
Investment strategy: Primary investment in high-quality commercial real estate
Securities: Registered equity bookshares
Value of the investment: Calculated on a monthly basis
Entry/exit for investors: Monthly
Duration of the Fund:            Indefinite
Minimum investment: CZK equivalent to 125,000 EUR, or the minimum stipulated in the provisions of Section 272 (1) (i) of the Act on Investment Companies and Investment Funds
Investment horizon: Minimum 3 years
Target fund yield: 8% + p.a. (after charges)
Entry fee: max. 5 %
Exit fee: 0%; 2% for redemption within 3 years of subscription
Management fee: 2.0% p.a. of the Fund’s equity
Administrator’s performance fee: 20% of the Fund’s annual yield
Fund Manager: AMISTA investiční společnost, a.s.
Fund Administrator:   AMISTA investiční společnost, a.s.
Depositary: Československá obchodní banka, a. s.
Auditor: KPMG Česká republika, s.r.o.
Regulation and legal order:    Czech National Bank, Czech Republic
Fund taxation:            5% of profits (reduced rate)
Investor taxation – NP: 15% of profits on redemptions within 3 years, 0% on redemptions after 3 years

The Fund’s Statute, Article of Association and other documents contain detailed information on investment options offered by the Fund.

CORPORATE GOVERNANCE

Fund:
A Qualified Investor Investment Fund pursuant to Section 154 of Act No. 240/2013 Coll., on Investment Companies and Investment Funds (ZISIF).

Fund shareholder:
Investor who, by purchasing an investment share, acquires a stake in the Fund's assets and the right to redeem investment shares at dates set out in the Statute for the current value announced by the investment company, or to payment of earnings.

Investment Company:
Manages the Fund's assets in accordance with the Fund's Statute and with the ZISIF, acts on behalf of the Fund, signs contracts for the Fund, fulfils the Fund's obligations towards the state administration (accounting, taxes), the CNB (monthly reporting, information on changes) and the depositary. The activities of the investment company are continuously monitored by the depositary and the CNB. The Investment Company informs the Fund's shareholders of the value of the investment share, issues investment shares and maintains a list of shareholders (AMISTA investiční společnost, a.s.).

Depository:
Continuously monitors the management of the Fund's assets. The purpose of each item in the Fund's account must be documented by the Depository Bank.

Statute:
The Fund's founding document, setting out its investment strategy, investment limits, rules for decision-making and fund management, the method and frequency of calculating the value of the investment share, the terms and conditions for the redemption of investment shares, and specifying the scope of the depositary's activities and the Fund's reporting obligations.

Statutory Director:
The Fund’s statutory body, elected by the Fund’s General Meeting on the basis of the Articles of Association, entered in the Commercial Register.

Board of Directors:
The Fund’s Supervisory Body, elected by the Fund’s General Meeting on the basis of the Articles of Association, entered in the Commercial Register.

Auditor:
Audits the management of the fund's accounts and compliance with fund management rules (KPMG Czech Republic, s.r.o.).


CNB:
The Czech National Bank grants licences to establish a fund, oversees the activities the Fund, the investment companies and the depositary.

Contact

BH Securities a.s. 
Na Příkopě 848/6
110 00, Praha 1
Reception: +420 255 710 710
Fax:+420 255 710 770
E-mail: bhs@bhs.cz
Web: www.bhs.cz

BHS REAL ESTATE FUND SICAV, a.s.

Anežská 986/10,
110 00 Praha 1
Co ID: 05504643 
Tax ID: CZ05504643 
held at the Municipal Court in Prague, insert B 21953

Pavel Borovička
Tel. 255 710 777

CONTACT FORM

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