REICO ČS LONG LEASE

Investment in real estate with long-term leases

2023/02/01
NAV	Issue price
1.0718	-
Difference	0.03% (0.00)

General attributes
Fund type	Real Estate Funds
Investment company	REICO Investiční společnost České spořitelny, a.s.
Currency	CZK
Type	-
Begin of subscription period	-
Inception	2021/01/19
Licenced in	CZ
Duration of fund	open end
Distribution	-
Total assets	1,302,590,000.00
Fiscal year	01/01 - 12/31
Initial charge	1.50%
Management fee	1.75%
Ongoing charges	2.00%
Minimum investment	300
Account number	9054582/0800
Recommended holding period	At least 5 years
Investor experience	-
Investor tolerance	4 (scale 1-7)

since inception

The chart shows the current fund share unit price (NAV) of the nominal value of an investment company proclaimed on that working day. Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance. Source: Česká spořitelna, a. s.

Advantages

Details you should be aware of

• An opportunity for an above average yield from long-term leased commercial real estate at a relatively low risk.• The stable lease income is secured by contract with big and long-term profitable companies.• Protection against inflation – the main source of the fund’s yield, lease income, is secured against the growth of inflation by the so-called inflation clause included in the lease agreements.• Low dependence of the fund’s yield on the development of stock and bond markets.• Low initial investment – one-off or regular investments are possible already starting at CZK 300.• A unique investment strategy – diversification of risks within sectors, countries and the expiry period of individual lease agreements.• The active and professional management of the fund.

• Redemption of participation certificates is not permitted in the first 3 years of the fund’s existence in order to protect the certificate holders.• The value of the invested amount and its yield can rise or fall, while there is no guarantee of a return on the originally invested amount. Past performance is no guarantee of future performance.• The fund bears the risk of real estate markets that is actively managed.• The liquidity and currency risk is actively managed using available hedging instruments.• Credit risk related to key tenants is managed by hedging income and diversifying the fund.• The fund does not pay out dividends. Yields from the fund’s management are reinvested.• Investment is appropriate for investors whose reference currency is the Czech crown.

Secondary market
Purchase of share certificates You need to conclude an Investment Services Agreement to invest in the open-end mutual funds. Then you just need to remit the invested amount to the collection account number of the selected fund and indicate the Asset Account number as the variable symbol (stated in the Investment Services Agreement). It is more convenient to use a regular investment order for regular investments (e.g. via internetbanking) because you can get a discount (the terms and conditions are shown in the Price List). The internetbanking allows you to continuously follow the trend in your investments. Redemption/sale of share certificates To redeem share certificates, please visit any branch of Česká spořitelna or use the services of our internetbanking. For new clients: If you have not invested with Česká spořitelna yet, contact your personal advisor or come to any branch of Česká spořitelna, or use the free phone line 800 468 378, where we will gladly answer your questions and help you to choose the most convenient investment solution.

Secondary market

Purchase of share certificates
You need to conclude an Investment Services Agreement to invest in the open-end mutual funds. Then you just need to remit the invested amount to the collection account number of the selected fund and indicate the Asset Account number as the variable symbol (stated in the Investment Services Agreement). It is more convenient to use a regular investment order for regular investments (e.g. via internetbanking) because you can get a discount (the terms and conditions are shown in the Price List). The internetbanking allows you to continuously follow the trend in your investments.

Redemption/sale of share certificates
To redeem share certificates, please visit any branch of Česká spořitelna or use the services of our internetbanking.

For new clients:
If you have not invested with Česká spořitelna yet, contact your personal advisor or come to any branch of Česká spořitelna, or use the free phone line 800 468 378, where we will gladly answer your questions and help you to choose the most convenient investment solution.

Disclaimer
Full names of open Mutual funds are given in the fund statutes (prospectuses). Pursuant to rules applicable to collective investment, the manager informs that neither the current or expected performance will guarantee the future performance. Investment in investment certificates contains the risk that the current value of amount invested and yields on the amount will fluctuate; thus return on the amount invested is not guaranteed. All information provided herein is of informative nature only and it should not substitute the statute (prospectus) or give its overall summary. Before using this website/information for investment, you should consult consultants of Česká spořitelna. If any yield is mentioned in the reference material, you should always bear in mind that past yields will not guarantee future yields, that any investment is subject to the risk of value fluctuations and change of exchange rates, and that return on the amount invested or profit margin cannot be guaranteed.

Disclaimer

Full names of open Mutual funds are given in the fund statutes (prospectuses). Pursuant to rules applicable to collective investment, the manager informs that neither the current or expected performance will guarantee the future performance. Investment in investment certificates contains the risk that the current value of amount invested and yields on the amount will fluctuate; thus return on the amount invested is not guaranteed. All information provided herein is of informative nature only and it should not substitute the statute (prospectus) or give its overall summary. Before using this website/information for investment, you should consult consultants of Česká spořitelna. If any yield is mentioned in the reference material, you should always bear in mind that past yields will not guarantee future yields, that any investment is subject to the risk of value fluctuations and change of exchange rates, and that return on the amount invested or profit margin cannot be guaranteed.