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Avaron Eastern Europe Fixed Income Fund A

Ranked 1 out of 40 in - Emerging Markets Other over 12 months
All calculations are in USD unless stated

Managed by

Valdur Jaht

Based in Tallinn, Valdur Jaht started working at Avaron Asset Management in 2007 as a partner and investment manager. Jaht co-manages two funds, the Avaron Emerging Europe and Avaron Eastern Europe Fixed Income funds. His investment strategy is fundamental and value focused. Prior to joining the company he worked at Trigon Capital as an analyst and portfolio manager. He studied business administration at the University of Tartu and he enjoys skiing when not at work.

Kristel Kivinurm

Kristel Kivinurm-Priisalm started her financial career in 1997 at Trigon Capital. Since 2007 she has been working at Avaron Asset Management AS as a managing partner and investment manager. Kivinurm-Priisalm co-manages two funds, the Avaron Emerging Europe and Avaron Eastern Europe Fixed Income funds using a value, fundamental bottom up style. She is based in Tallinn and studied international business at Concordia International University (now Tallinn Technical University) in Estonia. Outside of work she likes Ashtanga yoga.

Peter Priisalm

Peter Priisalm has over 16 years of experience in investment management, corporate finance and strategic management. He has been working at Avaron Asset Management AS since 2007 as an investment manager. Priisalm runs two funds, the Avaron Emerging Europe and Avaron Eastern Europe Fixed Income funds using a value, fundamental bottom up style. He is based in Tallinn and studied international business at Concordia International University Estonia. Outside of work he enjoys Ashtanga yoga and skiing.

Objective

The objective of the Fund’s activities is long term capital growth from investing primarily in government and corporate fixed income instruments of Emerging Europe, Russia and countries within the Commonwealth of Independent States (CIS). The Fund is actively managed and benchmark agnostic. The main category of financial instruments are government and corporate bonds but the Fund also invests in other fixed income instruments. The Fund invests primarily in high yield and non-investment grade instruments.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Emerging Markets Other over : 30/09/2016 - 30/09/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 4.2% 7.6% 4.0%
2016 3.4% 7.8% 0.0% 1.7% -5.7%
2015 -4.3% -7.1% 4.0% -0.9% 0.0%
2014 -2.2% 3.1% 3.4% -5.8% -2.7%
2013 9.8% -1.6% 3.0% 3.6% 4.6%
2012 6.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Estonia
  2. Finland
  3. Sweden

Fund Info

  • Launch date10/07/2012
  • Share Class size08Mn
  • Base currencyEUR
  • ISIN EE3600109377

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

  • Annual management0.95%
  • Initial investment0

Related News

AAA-rated EMD trio: how best to leverage location

The Estonia-based boutique team at Avaron have benefited from looking beyond their own borders to tap developing world corporate debt

Lack of entry points sees AAA-rated EMD trio sit on 20% cash

Eastern European specialists say compression of yields and called bonds means there are few areas to reinvest in the current market.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).