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Analysis about "Akciju komercbanka "Baltikums"" Bonds
| Nr. | Название главы | Стр. |
| About the Bank | 3 | |
| Bond issue | 4 | |
| Baltikums Short-Term Investment Strategy Bond Fund | 5 | |
| Bonds Fund BASIS | 5 | |
| About fond | 7 | |
| The Fund's investment structure | 8 | |
| In 2010th about fund | 9 |
Part-half-year since its inception, the Fund showed a stable growth momentum, mainly due to the Fund the option to make secure bond issuers with maturities generally from 0.5 to 1.5 years. These bonds increase in value has also stimulated the growth in demand for assets with a higher risk in global financial markets. The end of 2009 more than 32% of the fund's portfolio securities represented by the investment rating (investment grade), which were among the issuers of such as Sberbank, Vneshtorgbank, TNK-BP. Part of corporate issuers with ratings below investment grade for the year was 32%, including most part of large Russian and Ukrainian commercial bank bonds (Transcreditbank, Promsvyazbank, Ak Bars Bank, Ukrsibbank and others). Late in the year significantly increased the Fund's assets; attract new investors, because a relatively large share of the Fund (over 35%) remained in cash at the year end. The next beginning of the year is already planned to invest in the Fund's free cash the bonds in accordance with the Fund's investment policy.
The end of 2009, the Fund's largest portfolio of securities of Russia amounted to - 49% and only 8.2% and 7% of the Fund's assets were Kazakh and Ukrainian securities issuers. Currently, the Fund intends during 2010 to reduce the Russian issuers and other issuers to increase the proportion of the portfolio to 25-30%.…
JSC "Akciju komercbanka "Baltikums"" (the Bank) was established on 22 June 2001, when it was incorporated in the Republic of Latvia as a joint stock company. The Bank is a commercial bank specializing in the financing of export and import operations, trade and shipping finance as well as investment management. The Bank operates in accordance with Latvian legislation and the license issued by the Bank of Latvia. The immediate controlling party of the Bank is AS “Baltikums bankas grupa”, which owns 100% of shares. AS “Baltikums bankas grupa” is owned in equal portions by four Latvian entities, which belong to 10 individuals. An entrepreneur from the CIS wanted to separate his personal finances from those of his company. To achieve this they offered the services of Baltikums Private Bank and Baltikums Corporate Bank. They built a simple, yet efficient “Great” - Latvian Wall””, which divided his wealth into his personal finances managed in Riga and an industrial Holding company managed in Limassol. But walls not only divide, but also protect: both parts of the customer’s wealth are now entrusted to Baltikums Banka Discretionary Investment Management – and kept in a stable and secure environment of a private, independent Bank at reasonable prices. The funds are transferred between accounts set up in two European jurisdictions, the title of ownership kept in an international jurisdiction, while operational control remains in the customer’s home country. As a result they established a relation that helps the client resolve an important issue. This is what they call -Relations That Work.
