Penta Fund
Penta Funds are qualified investor funds that allow investors to become part of the successful story of the Penta group, its projects, partnerships, and achieved results.
By purchasing investment shares of Penta funds, the investor gains the opportunity to participate in the appreciation of the assets of all portfolio companies and real estate projects of the Penta group.
Penta Investments Group Limited has established:
- Penta Equity Fund SICAV, a.s. - a fund for investors who are interested in investing in all portfolio companies and real estate projects of the Penta group, including brands such as Dr. Max, Fortuna, Penta Real Estate, Primabanka, or Penta Hospitals
- Penta Real Estate Fund SICAV, a.s. - a fund for investors who are interested in investing only in real estate projects of the Penta group. Penta Real Estate is one of the most prominent developers in the Czech Republic and Slovakia. It stands behind iconic projects such as Masaryčka, SKY PARK by Zaha Hadid, Victoria Palace, or the new Bory district.
Exclusively for Privatbanka clients, classes of investment shares are available which provide protection against a decrease in investment value (CAP/FLOOR classes).
Penta funds and their sub-funds are registered in the Czech Republic and regulated by the Czech National Bank. Privatbanka, a. s. is the distributor of all classes of Penta Fund investment shares in Slovakia and the Czech Republic, in EUR and CZK.
Penta Equity Fund | Basic parameters
| Name of fund | Type of fund: | Penta Equity SICAV, a.s. | Qualified investor fund |
| Manager and administrator: | CODYA investiční společnost, a.s. |
| Depository: | UniCredit Bank Czech Republic and Slovakia, a.s. |
| Auditor: | Ernst and Young Audit, s.r.o. |
| Entry fee: | max. 5,00 %, pro institucionálni třídu max. 3,00 % |
| Vstupní poplatek: | max. 20% upon redemption of investment shares within 4 years of issuance 0 % upon redemption of investment shares 4 or more years from their issuance |
| Targeted yield: | 10% – 15% p.a. Penta Group’s average annual appreciation over the last 10 years is 14.46% |
| Investment horizon: | 5 years and more |
| Fund capital value (NAV) calculation | Monthly |
Investment share classes
| Types of investment share classes | Share classes | Min. | Max. appreciation | Management fee* | Performance fee** | Minimum first investment amount | Minimum further investment amount |
| Investment share classes with protection (Cap/Floor) |
A(EUR) |
0% | 10% | 1,60% p.a. | 100% above 10% |
For Czech residents - For Slovak residents - |
100.000 CZK, |
| Investment share classes without protection (Performance) |
C(EUR) |
- | - | 1,60% p.a. | 20 % of appreciation above 8 % p.a. High Water Mark princip | ||
| Institutional share class | I(EUR) | - | - | 1,00% p.a. | 20 % of appreciation above 8 % p.a. High Water Mark princip | 1.000.000 EUR |
Class A EUR and B CZK can only be invested in through the distributor Privatbanka.
Detailed information about the Penta Fund, its sub-funds, and individual classes of investment shares can be found at www.pentafund.com
* This is only the variable part of the fee. The management fee includes a fixed remuneration of CZK 100,000/month.
** This is the reallocation of fund capital in favour of class P.
Penta Real Estate Fund | Basic parameters
| Name of fund | Type of fund: | Penta Real Estate SICAV, a.s.| Qualified investor fund |
| Manager and administrator: | CODYA investiční společnost, a.s. |
| Depository: | UniCredit Bank Czech Republic and Slovakia, a.s. |
| Auditor: | BDO Audit, s.r.o. |
| Entry fee: | max. 5,00 %, for institutional class max. 3.00 % |
| Exit fee: | max. 20 % upon redemption of investment shares within 3 years of issuance 0 % upon redemption of investment shares 3 or more years from their issuance |
| Targeted yield: | 10% – 15% p.a. Penta Group’s average annual appreciation over the last 10 years is 14.46% |
| Investment horizon: | 5 years and more |
| Fund capital value (NAV) calculation | Monthly |
Investment share classes
| Type of investment share class | Share classes | Min. | Max. appreciation | Management fee* | Performance fee** | Minimum first investment amount | Minimum further investment amount |
| Investment share classes with protection (Cap/Floor) |
A(EUR) |
0% | 10% | 1,60% p.a. | 100% above 10% |
For Czech residents - For Slovak residents - |
100.000 CZK, |
| Investment share classes without protection (Performance) |
C(EUR) |
- | - | 1,60% p.a. | 20 % of appreciation above 8 % p.a. High Water Mark princip | ||
| Institutional share class | I(EUR) | - | - | 1,00% p.a. | 20 % of appreciation above 8 % p.a. High Water Mark princip | 1.000.000 EUR |
Class A EUR and B CZK can only be invested in through the distributor Privatbanka.
Detailed information about the Penta Fund, its sub-funds, and individual classes of investment shares can be found at www.pentafund.com
* This is only the variable part of the fee. The management fee includes a fixed remuneration of CZK 100,000/month.
** This is the reallocation of fund capital in favour of class P.
Risks associated with the investment
Due to their risk profile, an investor in qualified investor funds is exposed to higher risks than an investor in traditional mutual funds, corporate bonds issued by the Penta Group, or term deposits. On the other hand, this increased risk is compensated by the significantly higher potential return that the investor can achieve when the recommended investment horizon is met.
More information at: www.pentafund.com