Following a change in the methodology used to determine the summary risk indicator, the Fund’s risk indicator has been revised to 5 on a scale of 1 to 7. The revision is intended to more accurately reflect the risks of investing in corporate bonds, in particular their low liquidity and the absence of a credit rating.
As Signet Baltic Bond Fund’s units are now traded on Baltic Fund list of Nasdaq Baltic Riga market, the management company, Signet Asset Management Latvia has decided to waive the exit fee set out in the Prospectus for unitholders who have held their units for less than one year. This change is reflected in the costs section of the updated KID and will also be incorporated into the next amendment to the Prospectus.
Key information document is available here: https://signetbank.com/en/where-to-invest/signet-baltic-bond-fund/.
About Signet Asset Management Latvia:
Signet Asset Management Latvia a subsidiary of the Signet Bank group, oversees more than €100 million in assets under management. The firm leverages the group's expertise to deliver disciplined asset management for UCITS funds, private pension plan and bespoke individual client mandates alike.
About Signet Baltic Bond Fund:
Signet Baltic Bond Fund is an open-ended UCITS compliant investment fund. The fund's investment objective is to provide long-term income from investments into fixed income securities of Baltic region issuers. The Fund invests primarily in unrated corporate bonds.
The fund is suitable for Investors with or without investment experience who wish to make diversified investments in bonds of Baltic region issuers and are prepared to hold the Product for the recommended holding period of 3 years.