Investment funds – dispersed comprehensive portfolio with reasonable costs
- Investment funds are the easiest way to invest on the stock exchange
- We offer a wide variety of funds from local and international management companies
- You can also invest in funds managed by us
LHV Managed Bond Fund
LHV Euro Bond Fund
The fund mainly invests in euro bonds with high international ratings.
Equity fund managed by LHV
LHV World Equities Fund
The LHV World Equities Fund invests in equity markets around the world. We are looking for good companies in the equity markets of the Fund, with which to grow assets over the long term.
Other investment funds
LHV allows its clients to choose from a broad range of investment funds, managed by well-known Baltic and international fund managers. Investment funds offer a convenient access to a wide selection of pre-defined investment strategies compiled by professional asset managers.
LHV Euro Bond Fund
The LHV Euro Bond Fund provides access to one of the major global financial markets. The primary goal of the fund is to generate interest income, while the secondary goal is to profit from changes in bond prices. Investments are primarily made in investment-grade bonds. The diversification of the bond fund lies in the selection of companies distributed both geographically and across various sectors.
Documents
Management company:
AS LHV Varahaldus
Tartu mnt 2, 10145 Tallinn
+372 6 800 400, info@lhv.ee
The management company does not own fund units.
Management Board:
Vahur Vallistu and Eve Sirel
Fund Manager:
Romet Enok
Fund unit:
Nominal value: 10 euros
ISIN: EE3600001921
Registrar: AS LHV Pank
Launched: 29.01.2025
Type: UCITS IV
Fees:
Issue Fee 0%
Management Fee 0.49%
Redemption Fee (LHV Bank) 1%, max. 3 EUR
Depositary service fee 0,0451%
Depositary:
AS SEB Pank
Tornimäe 2, 15010 Tallinn
+372 665 5100, info@seb.ee
Brokers:
Acquisition of fund units is possible through AS LHV Bank.
LHV World Equities Fund
The LHV World Equities Fund invests in equity markets around the world. We are looking for good companies in the equity markets of the Fund, with which to grow assets over the long term. Capital provides a good rate of return when it is invested in places where there is a shortage of it, not where everyone else wants to place it. The Fund’s investments are selected on the basis of portfolio value, not popularity. The Fund looks for opportunities in both larger and smaller listed companies that often fly under the radar of investors and offer good upside potential.
Fund volume
EUR 7 433 870
Net asset value of unit
Investments
- The Fund aims to provide substantial diversification through the shares of companies in different industries.
- Investors often focus more on finding individual high flyers in equity markets, and less on the risks of losing capital permanently with these. A good portfolio includes both offensive and defensive investments.
- Geographically, the fund maintains a greater focus on Nordic equity markets, our ‘extended home market’ with a wide range of high- quality and transparent listed companies.
| 1 | Freeport-McMoRan | 5.2% |
| 2 | DSV PANALPINA | 5.2% |
| 3 | Agnico Eagle Mines | 5.1% |
| 4 | Global X Copper Miners ETF | 4.9% |
| 5 | Barrick Gold Corp | 4.1% |
| 6 | iShares MSCI China ETF | 3.9% |
| 7 | Pan American Silver | 3.7% |
| 8 | Range Resources Corp | 3.4% |
| 9 | Trelleborg | 3.3% |
| 10 | Occidental Petroleum Corp | 3.2% |
| Top 10 in total | 41.9% | |
| A range of investments | 41 | |
The data is presented as at 30.11.2024.
Documents
Reports
- Interim report for the first half-year of 2024
- Fund Annual Report 2023
- Interim report for the first half-year of 2023
- Fund Annual Report 2022
- Interim report for the first half-year of 2022
- Fund Annual Report 2021
- Interim report for the first half-year of 2021
- Fund Annual Report 2020
- Interim report for the first half-year of 2020
Management company:
AS LHV Varahaldus
Tartu mnt 2, 10145 Tallinn
+372 6 800 400, info@lhv.ee
The management company does not own fund units.
Management Board:
Vahur Vallistu and Eve Sirel
Fund Manager:
Mikk Taras
Fund unit:
Nominal value: 10 euros
ISIN: EE3600092417
Registrar: AS LHV Pank
Launched: 13 February 2008
Type: UCITS IV
Fees:
Issue Fee 0%
Management Fee 2%
Redemption Fee (LHV Bank) 1%
Depositary service fee 0,0439%
Depositary:
AS SEB Pank
Tornimäe 2, 15010 Tallinn
+372 665 5100, info@seb.ee
Brokers:
Acquisition of fund units is possible through AS LHV Bank.
Fund manager's comment
December 2024
After a sharp rise in stock prices in 2023, the stock market rally continued in a similar form in 2024. In the fund, we were prepared for a more difficult year. We built a diversified portfolio, ready for a year where the previous hot spots on the stock markets would stop working.
In reality, the year turned out to be much more one-sided than we thought. The movements in the stock markets were dominated by stocks in the US technology sector with huge market values.
The fund ended the year with a positive return, but performance was poor considering the opportunities that arose in the markets. We missed out on the rise in the US stock market, which was dominated by large technology giants. The fund's share rose by 2.1%.
As we head into 2025, it is particularly important that we monitor what we buy and at what price, and what the risks are if high expectations are not met. Popular topics in the stock markets are expensive.
We try to keep investments in the fund diversified across different themes. Last year, the best performers in the markets were growth stocks. If the environment becomes more difficult, other assets in the portfolio could again play a role.
Read also the full monthly overview of the recent developments in the fund and in global stock markets.
The Fund’s investments are selected on the basis of portfolio value, not popularity. To do this, we assess the value of underlying assets for each investment of the Fund, which is often not done in the popular index fund investment era.
Mikk Taras
Fund Manager since 2014
mikk.taras@lhv.ee