Bismuth Balanced Fund
It is a moderate risk sub-fund in comparison to two other (planned) sub-funds of Bismuth Structured Products Fund. The goal of this sub-fund is to balance growth opportunities available through structured financial products with capital protection which can be added to these instruments limiting excessive risk.
Date as of 30/01/2020
Total Return as of 30/01/2020
Assets Under Management
Minimum investment125.000 EUR equivalent in USD
Bismuth Balanced Fund is a Subfund of Bismuth Structured Products Fund. The Subfund’s investment goal is to collectively invest the accumulated funds in transferrable Structured Financial Products (SFP), the return on which may depend on the return on other Underlying Asset (UL) and which may have a certain nominal invested amount protection level, in addition to the issuer’s credit risk following the ISDA regulations of 2014.
All SFP, where the Subfund will invest, will be registered in a Regulated Market(-s) and/or will be traded in the multilateral trade system.
The Subfund will invest 25-50% of its NAV in capital protected SFP. However, the Subfund has the right to invest more than 50% of the NAV in capital protected SFP in view of the situation
in the financial markets.
Main Fund Characteristics
ISIN LTIF00000708Inception Date 13/11/2017
LEI code 254900I2PEHMXTKKZU16Domicile Lithuania
Bloomberg ticker BISMUTH:LHApplicable law Lithuanian
Base currency USDFund manager Vilius Oškeliūnas, CFA
NAV calculation DailyFund Type Sub-Fund dedicated for Informed Investors
Minimum investment 125.000 EUR equivalent in USDUmbrella Fund Bismuth Structured Products Fund
Lock-in 6 monthsUCITS No
Income treatment ReinvestingDepository SEB bankas, AB
Leverage Up to 25% NAVAuditor KPMG Baltics, UAB
Management fee 2%
Success fee 20% above 10% hurdle rate
High-Water mark Yes
|Name||YTD||1 Year||3 Year||Since Inception|
|Bismuth Balanced Fund||0.7746%||-||-||0.4427%|
These are sub-fund’s investments arranged by some of the main features. More information on sub-fund’s investments can be found in Factsheet.
|Bismuth Structured Products Fund – Regulations||EN||2018-06-28||404.43 KB|
|Bismuth Structured Products Fund – Prospectus||EN||2018-06-28||609.64 KB|
|Bismuth Balanced Fund – Key Investor Information||EN||134.49 KB|
|Bismuth Balanced Fund – Factsheet||EN||397.55 KB|