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CBL Baltic Sea Equity Fund

OverviewPerformanceKey factsTeamDocuments

Investment Characteristics

  • Diversified equity portfolio of companies from the Baltic Sea region
  • Long-term capital growth from share price appreciation and dividends
  • Active and disciplined team-based investment process based on regional expertise
  • In-house top down views on markets and sectors combined with bottom-up stock picking

Documents

Fact sheet
Key Investor Information Document (KIID)

Risk profile

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Synthetic Indicator indicatively shows the volatility of the Fund’s profitability: the higher this indicator, the higher the potential reward; at the same time it involves a higher risk to suffer losses. The lowest category of the indicator does not mean that the investments in the Fund are not exposed to risk.

Over a period of time: 22.10.2019.
Base currency: EUR
NAV per share: 42.85
Daily NAV change: 0.63%
Fund size: 3 019 360 EUR
ISIN code: LV0000400794

Fund's performance

Year to date 3 months 6 months 1 year 3 years 5 years Since inception
10.67% 1.61% -1.43% 2.37% 1.71% 1.22% 2.62%

Download full history (.CSV)

  • Management Company: IPAS CBL Asset Management
  • Custodian bank: Citadele banka
  • Inception Date*: 24/08/2004
  • Base Currency: : EUR
  • Management Fee: 2.0% p.a.
  • Front Load Fee: Up to 2.5%
  • Issue/redemption: Daily
  • Distribution Status: Accumulative
  • Legal Status: UCITS IV, Latvia
  • Regulator: Financial and Capital Market Commission Latvia (FCMC)
  • ISIN: LV0000400794
  • Bloomberg Code: CITBSEF LR

 


* The data before November 20, 2013 relates to „Citadele Baltic Sea Countries Equity Fund” (ISIN LT0000950008), which was fully transferred at par into newly established "CBL Baltic Sea Equity Fund” (ISIN LV0000400794) with the identical investment strategy.

Experienced management team with proven track record, whose performance has been recognized by the leading international fund rating companies.

CBL Russian Equity fund has received Lipper Fund Award as the best Russian Equity Fund in Europe in 2013 and since inception has ranked in the upper percentiles in its Morningstar peer group. In 2015 Citywire recognized our fund manager Kristiana Janvare as the second most successful fund manager in the CEE region.


Igor Lahtadir, CFA
Igor Lahtadir, (Portfolio Manager, 8 years with the company, 13 years in the industry, BSc in Economics)
Igor Lahtadir is portfolio manager at CBL Asset Management where he is responsible for the management of all CBL equity funds.
Igor joined the Company in 2011 and since 2013 has been an Investment Committee member of all CBL Asset Management equity funds. He holds a BSc degree in Business and Economics from the Stockholm School of Economics in Riga and is a CFA charterholder.
Andrejs Pilka
Andrejs Pilka (Fund Manager, 13 year experience in finance industry, BSc in Economics)
Andrejs joined the Company in 2019. He is responsible for investments in equity markets and is a member of the investment committee. Andrejs has experience of more than 10 years in asset management and during his career he was responsible for managing pension funds, mutual funds, and portfolios of high net worth individuals. Andrejs holds a BSc degree in Economics and Business administration from the Stockholm School of Economics in Riga.