INVL Baltic Fund, managed by INVL Asset Management, part of INVL, the leading investment management and life insurance group in the Baltics, has been recognized in the prestigious Refinitiv Lipper Fund Awards 2023.
Refinitiv Lipper Fund Awards Germany 2023 Winner INVL Baltic Fund recognized as Best Equity Emerging Markets Europe Fund Over 3 Years.
Fund Awards from Refinitiv Lipper (formerly Thomson Reuters Lipper), one of the world’s largest providers of information and infrastructure for financial markets, granted annually for more than 30 years, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The merit of the winners is based on entirely objective, quantitative criteria.
“The Refinitive Lipper Award is an honorable mention. The fact that INVL Baltic Fund has been awarded confirms that we are experts in our home region, the Baltic market, and that we explore promising investment ideas that bring solid returns to our investors”, – says Vaidotas Rūkas, Head of Investment Management at INVL.
INVL Asset Management has been managing the INVL Baltic Fund for more than 10 years. During the management period, the return of the fund exceeded 120%. The fund invests in shares of multinational companies listed on the Baltic stock exchanges or active in the Baltics. The investment seeks to maximise capital appreciation and assumes a high risk of volatility. The fund has returned 32% over the last 3 years (benchmark * – 35%). The fund currently has assets under management of over €11 million.
This is not the first time INVL fund managers have won the Refinitive Lipper award. The INVL Emerging Europe Bond Sub-Fund was awarded in 2019 for the best performance in terms of risk exposure over three- and five-year terms among the funds distributed in Germany and investing in bonds from emerging European markets.
INVL Asset Management manages II pillar and III pillar pension funds, investment funds, investment portfolios and alternative investments. The INVL Group’s 300,000 clients have entrusted the management of around €1.75 billion in assets to the INVL companies.
Important:
This is promotional information. Investing involves risk. Past performance is no guarantee of future results. If you have had positive returns in the past, you may not necessarily have positive returns in the future, and the value of your investment may go up or down. The management company does not guarantee the profitability of an investment. Before making an investment decision, you should evaluate the investment strategy of the fund you have chosen, the charges applicable, any risks associated with the investment and carefully read the fund’s rules, prospectus and key investor information document, which can be found on the management company’s website at www.invl.com, either on your own or with the help of an investment adviser.
About INVL:
INVL is the leading investment management and life insurance group in the Baltic region. Its companies manage pension and mutual funds and life insurance directions, individual portfolios, private equity, and other alternative investments. Over 300,000 clients in Lithuania, Latvia and Estonia and international investors have entrusted the group’s companies with the management of more than EUR 1.75 billion of assets. In the business for more than 30 years now, the group has solid experience in managing private equity assets and building market players that are leaders in their respective fields in the Baltic countries and Central and Eastern Europe.
About Refinitive Lipper Awards:
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see www.lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed.
* Benchmark – an indicator chosen by the management company against which the investment return of a fund’s portfolio is compared and which helps the investor to assess the performance of the fund manager, to objectively compare the investment return achieved in line with the investment strategy and to indicate the level of risk the fund manager is willing to take.