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Vilhena Malta Fund
Investors with a long-term time horizon who want growth and some extra income may wish to consider this as a core holding in their portfolio. This fund offers first-time investors an opportunity for a good introduction to the Malta Stock Exchange list.
Vilhena Malta Fund

The Investment Objective of the Fund is to endeavour to maximise the total level of return to investors, minimising the volatility of the portfolio whilst having regard to attaining a desirable level of liquidity through investment, principally, in Maltese Debt Securities and in Maltese equity securities.

 

 

Overview
Features & Fees
Benefits & Risks
Documents
This income-oriented Vilhena Malta Fund picks a mix of equities and bonds. The fund invests roughly 60% in bonds and 40% in equities by tracking a list of Maltese debt and equity securities.

Investors with a long-term time horizon who want growth and some extra income may wish to consider this as a core holding in their portfolio. This fund offers first-time investors an opportunity for a good introduction to the Malta Stock Exchange list.
 

Features:


Base Currency
Euro
Frequency of Dealing
Daily
Class of Shares Available Accumulator and Distributor
Distribution Frequency*
30th April
Manager
BOV Asset Management Limited
AdvisorBOV Asset Management Limited
Custodian
Bank of Valletta plc

Minimum Initial Amount 
Accumulation Class of Shares
Distributor Class of Shares


€2500
€2500

Monthly Investment Plan 
Accumulation Class of Shares 
Distributor Class of Shares

€50
N/A


Fees :


Initial Charge
Up to 3% of the amount invested, currently discounted to 1.25%.
Exit Fee

Nil

Management Fee

0.65% of the Fund's Net Asset Value.

Administrator Fee0.25% of the Fund's Net Asset Value. 
By investing in the Vilhena Malta Fund, you will benefit from:

  • Potential for Income and Capital Growth
  • Access to the Maltese  Capital Market
  • Easy access to your money at short notice 
  • Advised by Bank of Valletta Plc.

Risks

The value of investments, and income from them, can go down as well as up and you may not get back the full amount you invested.

The Fund is also subject to the following risks:
  • Debt instruments are exposed to credit risk which is the ability of the borrower to repay the interest and capital on the redemption date. 

  • Shares of companies are generally considered high risk investments, and may result in fluctuations of the value of the Fund due to external factors. 

  • Changes in interest rates will result in fluctuations in the value of the Fund.

  • The Fund has a significant exposure to Maltese debt and equity instruments and as a result the Fund will be impacted by the state of the Maltese market. 

  • The price of debt and/or equity investments listed on the MSE may be negatively impacted by the limited trading activity of the MSE. 

  • The Fund may use derivatives in an attempt to reduce the overall risk of its portfolio or reduce the costs of investing, although this may not be achieved.To date the Fund does not use derivatives. 


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BOV Asset Management Limited is licensed to conduct investment services in Malta under the Investment Services Act (Cap.370 of the laws of Malta) by the Malta Financial Services Authority.