Administration of fund

r2p invest SICAV, a.s.,
ISIN: CZ0008043445

is a fund of qualified investors. Investor of our fund may only become a qualified investor within the understanding of Section 272, Act No. 240/2013 Coll., on Management Companies and Investment Funds by Czech law.

Investment company warns investors that the value of the investment in the fund may fall as well as rise, and the return of the originally invested amount is not guaranteed. The efficiency of the fund in the previous periods does not guarantee equal or better efficiency in the future. Investing in the fund is intended to achieve revenue at its medium-term and long-term holding, and is therefore not suitable for a short-term speculation. Potential investors should consider mainly specific risks that may arise from the investment objectives of the fund, as set out in the fund’s statute. The investment objectives are reflected in the recommended investment horizon, as well as in the fees and expenses of the fund.

The information contained herein is for information only and does not constitute a draft contract or a public tender under the provisions of the Civil Code of Czech Republic.

AVANT investiční společnost, a.s.

specialises in the creation and management of funds for qualified investors. In the last three years AVANT has become the fastest growing investment company in the Czech Republic and currently it is the largest investment company in the market of qualified investor funds at all.

AVANT investiční společnost, a.s. manages 56 funds with a total asset value of over CZK 25 billion as of 30 June, 2018. AVANT IS gained its market position especially through its personal client approach, experience, flexibility and quality of serviced provided.

They invest managed funds in commercial real estates, residential projects, farmland, debts, equity investments in start-up projects or in existing companies to whom it helps in further development.

Sharing key information about the Fund (KID) is available at www.avantfunds.cz/informacni-povinnost. That information can be obtained in paper form at the headquarters of AVANT investiční společnost, a.s. at: ROHAN BUSINESS CENTRE, Rohanské nábřeží 671/15 (Front Desk B), 186 00 Praha 8.

Fund's shareholder

Investor who, through purchase of an investment share at a nominal value of the investment share gains share in the Fund’s property and the right to redeem the investment shares on terms of the statute at the current value announced by the investment company.

Auditor

Checks the Fund’s bookkeeping and the compliance in the management of the Fund (EURO-Trend Audit, a.s.)

ČNB

Česká národní banka – The Czech National Bank – grants licence to establish a fund, supervises the activities of the Fund, of the investment company and the depositary bank, requires regular reports on the management of the Fund.

Depositary Bank

Continuously monitors management of the Fund’s assets, purpose of each item on the Fund’s account must be documented to the depositary, provides custody of securities of the Fund  (Unicredit Bank, a.s.)

Supervisory Board

Supervisory body of the Fund elected by the General Assembly of the Fund based on the Articles of Association, whose members are enrolled in the Commercial Register.

The Fund

Investment fund for qualified investors pursuant to Sections 95 and 154 of the Act No. 240/2013 Coll., on Management Companies and Investment Funds (ZISIF). The Fund owns SPV (100%), and provides SPV loan.

Investment process

Any investment project must be assessed before the implementation in an analysis of economic expediency (AEV), which is processed by the financial director of an investment company, the investment project is then assessed by the investment committee of the Fund and issues an opinion; the compliance of the project with the investment strategy of the Fund is assessed and the implementation approved by manager of the investment company’s fund management.

Investment company

Manages the Fund’s assets accordingly with the statute of the Fund and in accordance with ZISIF, acts on its behalf, signs contracts for the Fund, fulfils duties of the Fund towards the state administration (accounting, taxes), ČNB (monthly reporting of financial statements, information on changes) and the depositary bank. The activities of the investment company are monitored continuously by the Depositary Bank and ČNB. The investment company informs the Fund’s shareholders about the value of the investment share, issues investment shares and keeps a list of shareholders (AVANT investiční společnost, a.s.).

Investment Committee

Assesses individual investment projects based on the submitted analysis of the economic benefits and issues opinions for the investment company to be able to make decisions. It consists of 3 members appointed by the investment company; 2 upon the proposal of the founders of the Fund, and 1 upon the proposal of the director of the investment company’s asset management fund.

Valuator

Determines the current market value of the portfolio.

SPV

Project company owned and controlled by the Fund that purchases from the Fund’s sources single portfolios of receivables.

Statute

Fundamental document defining the Fund’s investment strategy, investment limits, rules of decision-making and management of the Fund, the manner and frequency of calculating the value of the investment share, the terms and conditions of sale and redemption of investment shares, specifies the scope of activities of the depositary and information obligation of the Fund.

Statutory manager

Statutory body of the Fund elected by the General Assembly of the Fund based on the Articles of Association, whose members are enrolled in the Commercial Register (AVANT investiční společnost, a.s.)

Founders of the Fund

Shareholder holding the founders’ shares of the Fund which carry the voting rights at the General Assembly, therefore the founder approves the Fund’s investment strategy and changes (SNAPCORE, a.s.)

Mgr. Robert Robek

Mgr. Robert Robek

Director of Asset Management and Vice-Chairman of the Board of Directors of AVANT IS

He graduated from the Law Faculty of the Charles University. He worked in the real estate industry, real estate development and management of capital construction. He holds a brokerage licence, has experience as a manager at BH Securities, a.s. in the field of primary issues and trading of investment securities. Since 2007, he has been engaged in the management and administration of collective investment funds.

Mgr. Ing. Ondřej Pieran, CFA

Mgr. Ing. Ondřej Pieran, CFA

Director of Asset Management and Vice-Chairman of the Board of Directors of AVANT IS

He graduated from finances at the University of Economics and Law at the Charles University. He worked as a financial policy executive at the Ministry of Finance of the Czech Republic, focusing on crisis management of financial institutions.

JUDr. Petr Krátký

JUDr. Petr Krátký

Director of Fund’s Asset Management, AVANT IS

After completing a master’s degree at Transcarpathian State University he gained the title JUDr. (JD) at the Faculty of Law of the Charles University in Prague. Before taking up the portfolio manager office, he worked for more than 10 years in the sphere of financial institutions; among others Česká Pojišťovna (Czech Insurance Company) (trade); ING pojišťovna a penzijní fond (ING Insurance and Pension Fund) (management of operational and fin. Dept. for operational risks); Česká Spořitelna (Czech Savings Bank) (internal audit), GE Money Bank (compliance, OM inspections team management ).

Since 2014, he has been engaged in AVANT investiční společnost, a.s., where he led the legal department and the compliance department (2014 – 2016) and since 2017 has been engaged in the management of funds for qualified investors focusing esp. on loans, equity capital in limited companies and real estate.

r2p invest SICAV, a.s.,
IČO 07315899

ROHAN BUSINESS CENTRE
Rohanské nábřeží 671/15 (recepce B)
186 00 Praha 8

telefon: +420 277 000 144
email: klient@avantfunds.cz

Investor notices

The Fund is a fund for qualified investors within the understanding of Act No. 240/2013 Coll., Section 272, and its shareholder may only become a qualified investor pursuant to Section 272 of the quoted Act of Czech Republic. The Manager warns investors that the value of the investment in the Fund may fall as well as rise and return of the originally invested amount is not guaranteed.

Sharing key information about the Fund (KID) is available at www.avantfunds.cz/informacni-povinnost/. That information can be obtained in paper form at the headquarters of AVANT investiční společnost, a.s. at: ROHAN BUSINESS CENTRE, Rohanské nábřeží 671/15 (recepce B), 186 00 Praha 8.

The information contained herein is for information only and does not constitute a draft contract or a public tender under the provisions of the Civil Code.