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This Fund endeavors to preserve the initial value of assets and increase their value by between 10.54% and 11.27% (average annual return: 3.00%-3.20%) between its date of establishment and its maturity date, being 23 April 2027, by predominantly investing in Sovereign Bonds of Italy, Romania, Hungary, France and Germany, but also in other EU member states to a minor extent. The Fund will not invest in Equity Markets or Convertible Bonds.
This Fund is primarily designed for investors aiming to protect the nominal value of their investments after the Fund’s maturity date over a period of 3 years and 4 months and is not designed for investors seeking to have their units repurchased before the Fund’s maturity date.
The initial offering of units will take place from 6 December 2023 until 4 January 2024, whereafter the Fund will no longer accept any investments.
An example of investment:
Amount invested during the initial offering of units: EUR 10,000
Entry fee charged (1%): EUR 100
Target value at Fund maturity: EUR 11,054 – EUR 11,127
Features:
A principal protected fund with an annual return of 3.0%-3.2% (a total of 10.54%-11.27%) over a period of 3 years and 4 months.
Terms & Conditions:
The minimum payment to the Fund is EUR 1000 and it must be made during the initial offering of units. It is not possible to invest in the Fund via a standing order. On completion of the initial offering of units, no investments in the Fund will be accepted.
Prices:
Entry fee: 1% during the initial offering of units
Exit fee: 3%
Depositary fee: 0.1 % but on less than EUR 400 per month
The management and depositary fees are included in the unit price. The entry fee is accrued at issuance of units during their initial offering. The exit fee is accrued when units are repurchased. No exit fee is payable after the Fund’s maturity date.
Arrangement
The fund invests assets exclusively in fixed income instruments, financial products that generate pre-known interest income (it does not invest assets in equities). In this way, it is possible to protect the targeted amount on a certain date in the future, in this case upon the maturity of the fund, April 23, 2027. It should be noted that the value of the principal during the life of the fund may be temporarily lower than the initial value (due to market fluctuations), and that the protection of the invested capital is valid only when the fund matures.
Units in ZB Invest funds are available for purchase at any branch of Zagrebačka banka or via online banking (e-zaba and m-zaba) using the free-of-charge ZABA Link service. ZABA Link may be arranged at any branch of Zagrebačka banka. Further information about this service is available at the ZABA Link website.
Of course. A parent may invest in funds on behalf of his/her minor child by arranging ZABA Link free of charge in the name of the person being represented.
Activation
ZABA Link is a free service with which the Bank enables its clients, natural persons and businesses, to effect quicker, simpler and safer ZB Invest transactions. After arranging this service, clients may effect transactions simply and quickly through online banking (e-zaba, m-zaba), or check their balance and unit transactions. There are also many other benefits. Arrange the ZABA Link service in the nearest Bank branch and manage your investments even faster and easier.
Use
The target return that may range between 10.54% and 11.27% at the Fund’s maturity is based on the amount invested – in other words, an investment of EUR 10,000 will be worth at least EUR 11,054 after the Fund’s maturity and after the investment target is achieved.
You may do so at any time; however, it is not advisable to have your units repurchased before the Fund’s maturity date because of the 3% exit fee. As of the Fund’s maturity date, no exit fee will be payable.
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