The fund focuses on receivables portfolios, individual receivables, their management, comprehensive servicing and recovery. We invest in various financial instruments and are among the leaders in litigation financing.
of its assets are invested by the fund in short-term financial instruments
total AUM
FFTP (Fond finančního trhu a pohledávek, open-ended mutual fund) is a qualified investor fund. It collects funds or assets with monetary value from qualified investors by issuing participating securities. It also carries out collective investment of the collected funds or assets with monetary value according to a defined investment strategy for the benefit of investors and manages those assets.
The fund generally invests more than half of the value of its assets in short-term financial instruments, usually with maturities of up to one year. These may include short-term bank deposits, treasury bills, bonds or similar securities, and other investment instruments, including receivables from loans and borrowings. The fund may also acquire receivables, including receivables against debtors subject to insolvency or enforcement proceedings. One of the unit holders is the Natland Group.
The fund’s investment objective is to achieve stable asset appreciation above the level of long-term interest-rate returns by investing primarily in secured and unsecured receivables from loans or borrowings, receivables acquired by assignment, and complementary assets consisting of real estate, movable assets and sets thereof, interests in business companies, and standard capital and money market instruments.
The investment strategy consists of investments in money market instruments. The fund generally invests more than 50% of its assets in short-term financial instruments, usually with maturities of up to one year, such as short-term bank deposits, treasury bills, certificates of deposit, bills of exchange, repo transactions, bonds or similar securities representing the right to repayment of an amount owed, issued by states or business companies, and other investment instruments, including receivables from loans and borrowings provided to legal entities or entrepreneurs, provided that they are economically beneficial for the fund. Loans and borrowings may be provided regardless of the existence of collateral.
| Fund name | FFTP OPF |
| Fund form | open-ended mutual fund |
| Fund type | qualified investor fund |
| Issued security | Priority unit certificates Performance unit certificates |
| Public tradability | no |
| Investment horizon | medium-term |
| Unit certificate redemption frequency | at any time |
| Unit certificate redemption settlement | within 3 months if it does not exceed CZK 1 million or 5% of the volume of unit certificates; otherwise within 12 months |
| Exit fee | 0% after 3 years from subscription otherwise 15% |
| Taxation of fund returns | 5% of the fund profit |
| Taxation of individual unit holders | 15% on redemption within 3 years, 0% on redemption after 3 years |
| Fund manager | AVANT investiční společnost, a.s., ID No.: 275 90 241, City Tower, Hvezdova 1716/2b, 140 00 Prague 4 – Nusle |
| Fund administrator | AVANT investiční společnost, a.s. |
| Fund depositary | CYRRUS, a.s., ID No.: 639 07 020, Veveri 3163/111, 616 00 Brno – Zabovresky |
| Fund auditor | TPA Audit s.r.o., ID No.: 602 03 480, Antala Staska 2027/79, 140 00 Prague 4 – Krc |
The fund was established by registration in the list of mutual funds maintained by the Czech National Bank pursuant to Section 597(1)(b) of the ZISIF on 3 December 2020.
https://www.avantfunds.cz/cs/informacnipovinnost/
We are Natland, a financial investor. We manage our own assets, as well as the assets of our shareholders and qualified investors, through investment funds with a long-term vision, a functional business model and high-quality management. We are an active investor in mid-sized companies, as well as a developer of residential real estate and mixed-use properties. Since 2002, we have invested in projects we believe in and manage ourselves. Our competitive advantage is expertise in crisis management of companies in complex situations. You can find more about the company HERE.
