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Evli Group

Evli Money Manager+

Investment Policy

Mutual Fund Evli Money Manager+ is a short-term fixed-income fund, which invests its assets in bonds issued by State governments, their constituent states, municipal and other public and financial institutions in Europe. The fund may also invest in money market instruments, for example in commercial papers and certificates of deposit. Derivative instruments can be used for hedging purposes or as a part of the fund’s ordinary investment activity.

All investments are made in euro-denominated instruments free of currency risk.

The fund's interest rate risk is low. The overnight rate risk (duration) is 0-12 months, usually 1-6 months.

Investment Objective

The aim is in all market conditions to earn a return that, over a period of 12 months, exceeds the benchmark return, calculated on the basis of Merrill Lynch’s three-month Euribor quotations.

We recommend the fund to investors,

  • who appreciate stable returns and steady growth in value
  • who wish to earn a return higher than that yielded by a bank deposit but who are not interested in making a fixed-term investment
  • who wish to invest in companies with a high credit rating
  • who have a short-term investment horizon (at least 3 months)

Fund performance

Place the mousepointer on the graph to view the values.
18.10.2000 - 17.11.2008

Evli Money Manager+ B
Merrill Lynch 3-month Euribor Index

Morningstar-rating

Fund facts

Type of fund Euro-zone short-term fixed income fund (UCITS III)
Investment activity began 19.10.2000
Benchmark index Merrill Lynch 3-month Euribor Index
Minimum subscription 5000 €
Profit distribution Fund-units are divided into A and B units. Profit share of at least 4% is distributed on A units annually.
Administrative fees 0.25% p.a. (0.20% + 0.05%) p.a. + a quarterly determined performance fee of 30% of the return exceeding the fund
Subscription fee 0%
Redemption fee 20 euros
Portfolio manager Juha Raitanen
Fixed income funds Risk Value € Change Value date Yield  
      %   since january (%) 1y (%) p.a. 3y (%) p.a. 5y (%) p.a. since start (%) p.a.
Evli Money Manager+ A 91.347 -0.01 18.11.2008 2.83 3.26 3.09 2.65 3.03
Evli Money Manager+ B 127.361 -0.01 18.11.2008 2.83 3.26 3.09 2.65 3.03