ECFS Credit Fund

• Above-standard return on premium investment shares (PRIA) of up to 8.8% p.a.*
• A new class of dividend investment shares VIAD with a planned annual dividend payment of up to 50% of the appreciation of fund capital **
• Priority share in the fund profit (before the fund founders, holders of performance investment shares)
• Returns of individual investment share classes:
• PIAR (Priority growth investment shares) return of 6.9-8.4% p.a.*
• PRIA (Premium investment shares) return of 7.2-8.8% p.a.*
• Guarantee of a minimum return on priority investment shares PIAR of 6.9% p.a. and on investment shares PRIA of 7.2% p.a., even in the event of lower profit or even a fund loss. The guarantee is provided through redistribution of fund capital from holders of performance investment shares to holders of priority investment shares (PIAR and PRIA), up to the amount of that fund capital.

• Professional asset management
• Higher degree of portfolio diversification
• Control over the handling of fund assets by the depositary (CYRRUS, a.s.).
• Lower 5% income tax rate for investment funds.
• Regulation by the Czech National Bank.
• Potential income tax exemption for individuals when redeeming investment shares after 3 years.
• Investment terms under the rules for qualified investor funds: if the investor declares that they understand the risks and have investment experience, the minimum investment is EUR 125 thousand. If, in addition to the declaration, the investor proves to the fund administrator that the investment corresponds to their background and objectives, the minimum investment is CZK 1 million.

* This is a time-limited increase in the maximum return on PIAR and PRIA shares from 1 September 2022 to 31 August 2024.
** Without a guaranteed minimum return or upper limit.