The face value of 1 stake will be 1 euro. The fund will invest up to 90% in shares, and at least 10% in high-liquid instruments.
The fund will operate at a medium to high-risk level. Assets will be invested primarily in shares of companies from Central and Eastern Europe, which are to be floated on a regulated market within one year after their issue date, as well as in shares of companies from the region, which are to IPO no later than a year after the investment is made, and in shares of non-public companies, which are planning to IPO in the near future.
The maximum period for keeping a position will be up to a year after it has been floated on the regulated market.
Karoll Capital Management currently controls two funds – Advance Eastern Europe and Advance Invest.