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Meet the first Open Apartment Fund in Lithuania
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For beginners in the investment business

For those who care about long-term goals

For those who want to diversify their investment in real estate

For those looking for an alternative to direct real estate management

How does the foundation work?

How does the Open Apartment Fund work?

01
05
01

Investment activities of the Fund

An investment fund is a financial instrument designed to carry out investment activities and earn returns to investors.

In the case of an open apartment fund, we will purchase, equip, lease and eventually sell residential real estate objects using your invested money.

02

Legal form and management of the Fund

Investment funds (collective investment entities by law) have a separate regulation and law, so they are not identical to private limited liability companies.

Funds are subject to much stricter reporting, auditing, investment decision-making, anti-money laundering and compliance requirements than ordinary companies. Investment funds do not have a director or employees, these functions are performed by the management company and a specific fund manager.

03

Assets of the Fund

The assets of the Fund consist of investors' funds and the assets acquired for them — real estate objects and related assets.

The assets of the Fund are indirectly owned by the holders of the Fund's units — investors. When acquiring the Fund's assets, financial leverage is used, or, in other words, we acquire the assets by taking a loan from a bank. This allows you to acquire more assets than using only the capital of investors.

04

Income and expenses of the Fund

The fund carries out commercial activities, receives income from renting or selling property. The fund also incurs expenses for the acquisition or installation of the property and its maintenance.

In the case of an open apartment fund, our goal is to obtain the highest and most stable income from the rental of property. Conversely, we will seek to minimize the costs associated with the maintenance, installation, administration and administration of the Fund.

05

Units of the fund and their value

A fund unit is a security, like a share or bond.

The value of an open apartment fund will be determined monthly, with the correct calculation of income, expenses, changes in the value of property. The value may fluctuate due to one-time income or expenses, for example, if we sold an apartment profitably in that particular month or received a large bill for the installation of a new apartment.

Baigėme „Radio City“ pirmojo etapo pardavimus

MorE
2024-03-27

How do we create financial value for investors?

Acquisition of apartments

When buying a lot of apartments, the first or last in the project, we get a better than market price.

Furnishing of apartments

The preparation of apartments, by the way, costs a lot of work cheaper and is carried out more efficiently.

Effective management

Professionally managed property ensures lower rental downtime and maximum asset retention.

For a quiet investment

We offer the greatest value in the investment world — peace of mind. Invest in real and understandable assets from 500 euros.

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Do you have any questions? We will answer

Where to start?

What is an Open Fund?

Funds can be of two types - closed and open. In the case of a closed type, the investor invests for a specified period (for example, 5 or 7 years) and does not have the opportunity to recoup the investment ahead of time. In the case of an open type, the Fund is obliged to redeem the investment when the investor requests it. More information can be found in the Foundation's documents by clicking here.

How to start investing?

You can start investing in our self-service, which you can find by clicking here. Registration will take only a few minutes.

Who can invest?

All individuals can invest online. If you want to invest as a legal entity, please contact us.

How much can you earn by investing?

Investing is always associated with risk, so it is impossible to guarantee earnings. The fund's target 8% long-term annual return is based on the financial model, its forecasts and assumptions. If the real estate market grows faster than the historical average, this increase will increase the return you earn accordingly.

Where to find Foundation documents?

Foundation documents can be found by clickinghere.

Investments in the Fund and Units of the Fund

What taxes are applicable?

The fees applicable to the Foundation are described in detail in the Foundation's documents, which can be found by clicking here.

What are the risks of investing?

You can familiarize yourself with the investment risks in the Fund's documents, which you can find by clicking here.

How are my investments secured?

By investing, you acquire units of the Fund, similar to buying on the stock exchange. The units of the Fund give ownership of the assets of the Fund.

Why do we need funds?

Mutual funds are designed for people who want to entrust their capital to professional investment managers and earn passive investment returns without taking any additional action. One of the main advantages of investment funds is that they benefit from corporate tax relief. Investment funds, as entities, do not pay corporate tax, so this increases the return on investment.

How is the Fund's return calculated?

The units of the fund have their own value, which is updated monthly and published within 10 working days from the end of the month. The unit value of the fund changes and this determines the return you earn.

Will the fund pay dividends?

The fund itself will not decide on dividend payments, but units of the Open Fund can be redeemed at any time — so it is up to you. For example, if you have invested EUR 1000 and the value of the Fund unit has increased by 8% per year, you can submit a request to redeem units for EUR 80 and thus “pay dividends”.

How are the purchased Fund units accounted for?

You can pay by bank transfer.

How are investors' funds protected?

The funds are kept by the depository, which checks the purpose and documentation of each operation. The depositary services for our Fund are provided by Swedbank.

Are investments in the Fund covered by the Deposit Guarantee Scheme?

No, the investment in the Fund's units is not insured under the Deposit Guarantee Scheme.

What is the duration of the Fund's activities?

The Open Fund has no limitation on the duration of activity.

What will happen if the Fund ceases to operate?

When the fund ceases or ceases operations, the assets will be sold and the proceeds from the sale will be used to settle creditors and investors.

When can I purchase Fund units?

You can do this at our self-service at any time. After signing the application for the purchase of units of the Fund and paying it, you will receive confirmation of the application received. The application will be executed within 10 working days of the beginning of the next month, as this is how long it takes to calculate the latest Fund unit value after the end of the month. This procedure ensures that you purchase units of the Fund at the most accurate possible price. More information on the procedure for purchasing units and applicable restrictions can be found in the Foundation's documents, which can be found here.

When can I apply for redemption of Fund units?

You can do this at our self-service at any time. After signing the application for the redemption of units of the Fund, you will receive confirmation of the application received. The application will be executed within 10 working days of the beginning of the next month, as this is how long it takes to calculate the latest Fund unit value after the end of the month. This procedure ensures that we will redeem the units of the Fund from you at the most accurate possible price. More information on the redemption procedure and applicable restrictions can be found in the Fund's documents, which can be found here.

Other questions

Is Demus regulated?

Yes, the supervision and regulation of activities is carried out by the Bank of Lithuania, we operate according to the license issued by the bank. Fund management companies are subject to extremely strict security, anti-money laundering and compliance requirements.

How is my personal data stored?

All information about your data processing and privacy policy can be found here here.

Didn't find the answer?

Email us or fill out the form below and we will be happy to help.

atvirasfondas@demus.lt

Reliable investment in real estate - now open to everyone

We offer the greatest value in the investment world — peace of mind. Invest in real and understandable assets from 500 euros.

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