GOLDSIDE Real Estate Fund
At the beginning of 2023, the management company RIB SLOVAKIA, in accordance with the law, applied to the National Bank of Slovakia for prior approval to return the permission to create the fund GOLDSIDE Real Estate Fund, o.p.f., RIB SLOVAKIA, správ. spol., a.s. (hereinafter referred to as the “Fund”) with the intention of dissolving the Fund.
The decision of National bank of Slovakia granting its consent entered into force on 03.05.2023. As of that date, we have begun the process of dissolution of the Fund, which means, among other things, the termination of the issuance and redemption of units and the conclusion of the management of assets in the Fund, including the sale of assets/assets of the Fund.
We are currently working on liquidating the last asset of the Fund, namely units of the fund NOVA Real Estate, investment fund s proměnného základní kapitalem, a.s..
After liquidation of this asset, we proceed to settle the obligations of the Fund and the final step consisting in the payment of the corresponding share to the Fund’s investors.
Fund certificate:
Name of the fund: GOLDSIDE Real Estate Fund, o.p.f., RIB SLOVAKIA, správ. spol., a.s.
Short name of the fund: GOLDSIDE Real Estate Fund
Fund type: Open mutual fund created as a public special real estate fund
Asset manager: RIB SLOVAKIA, asset management company, Inc.
Auditor: BPS Audit, s.r.o.
Fund depositary: UniCredit Bank Czech Republic and Slovakia
Risk-return profile: 3 (on a scale of 1 to 7)
Recommended investment horizon: minimum 3 years
Entry fee: maximum 2 %
Exit fee: maximum 1 %
Management: fee 1%
Performance fee: 20 % of the fund’s return
Minimum investment: from 20 EUR
Account number for investing in the GOLDSIDE Real Estate Fund mutual fund: SK5211110000001567602015
Fund’s price chart:
PERFORMANCE AND FUND ASSETS’ VALUE AS OF November 15 2023:
| Value of 1 share: | 0,117633 EUR |
| Nett asset value: | 93 231,89 EUR |
| Performance: | |
| – for 1 month: | 0,00 % |
| – for 3 months: | 0,00 % |
| – for 6 months: | 0,00 % |
| – for 1 year: | 0,52 % |
| – Year-to-date (YTD): | 0,52 % |
| – since launch (25. 10. 2019): | 3,93 % p.a. |
