Get in touch - BOV Asset Management - BOV Group
  • ...
  • ...
  • ...
  • ...
  • ...
  • ...
  • ...
  • ...
  • ...
Maximise Banner
Minimise Banner
Vilhena Malta Government Bond Fund
The Investment Objective of the Fund is to endeavour to provide capital appreciation principally through investment in debt securities issued or guaranteed by the Government of Malta.
Vilhena Malta Government Bond Fund
The Investment Objective of the Fund is to endeavour to provide capital appreciation principally through investment in debt securities issued or guaranteed by the Government of Malta. 
Overview
Features & Fees
Benefits & Risks
Documents

This fund is designed to provide extensive access to the Maltese Government investment bonds of all maturities (short-, intermediate-, and long-term issues).

Investors looking for a fund that endeavours to provide capital stability and regular income through investment in only debt securities that are issued and guaranteed by the Maltese Government, may find this fund of interest.



Features:

Base Currency
Euro
Frequency of Dealing
Daily
Class of Shares available
Accumulator, Distributor and Wealth Management Discretionary
Distribution Frequency*
31 January, 30 April, 31 July, 31 October
Manager
BOV Asset Management Limited
Fund Advisor BOV Asset Management Limited
Custodian
Bank of Valletta plc
Minimum Initial Amount 
Accumulator Class of Shares 
Distributor Class of Shares

€ 1.000
€ 1,000

Monthly Investment Plan
Accumulator Class of Shares 
Distributor Class of Shares


€50
N/A




Fees:


Initial Charge
Up to 3% of the amount invested, currently discounted to 0.50%.
Exit Fee
NIL
Management Fee
0.60% of the Fund's Net Asset Value for the Accumulator & Distributor Share classes
0.25% for the Accumulator ISC
Administrator Fee0.25% of the Fund's Net Asset Value

By investing in the Vilhena Malta Government Bond Fund, you will benefit from:

  • Potential for Income and Capital Growth
  • A Portfolio of Local Government Bonds
  • A choice of accumulation and distribution class of shares
  • 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.

  • Since the Fund invests in debt instruments issued by the Government of Malta, the credit risk linked to these assets is directly related to the credit rating of Malta.

  • The Fund may hold a significant amount of debt instruments which are of lower credit quality and may result in large fluctuations of the value of the Fund.
  • Changes in interest rates will result in fluctuations in the value of the Fund.

  • 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. 

  • Maltese debt instruments may be impacted by the state of the Maltese market generally.

  • The price of debt investments listed on the Malta Stock Exchange ("MSE") may be negatively impacted by the limited trading activity of the MSE.




Product average rating:
0 / 5
Share this product:
Sort reviews by:
This item has no reviews yet.
Print page
BOV Asset Management Guide has identified the following related material
next Previous
next previous
next previous
next previous
next previous
BOV Asset Management YouTube Channel
next Previous