Insurance Funds

Diverse Impact

We offer a wide variety of internal funds (NOVIS Insurance Funds) providing a full range of flexible investment options. Each fund is distinct, and together they offer a portfolio of broad risk diversification. Several of the options are independent of or even inversely correlated, to the stock market.


Our funds are designed to meet a range of investor expectations – from conservative up to high risk. The funds are managed internally, alleviating the cost of external fund management. Investors may change their investment allocation on a monthly basis with no extra cost.

Investment risk is borne by the client unless investment is made into a fund that offers capital or yield protection or guarantee. Information about offered protection or guarantee is part of the statute of every internal fund. Past performance is no guarantee of the future performance of your investment.

Available for new clients and within Portfolio products

NOVIS Fixed Income Insurance Fund

-0.82% (EUR) -0.25% (USD) (10/2021)

Invests directly or indirectly into corporate or government bonds with fixed interest, which forms majority of investments, while debt securities with floating interest may have minor share. May also invest into non-investment grade bonds. At least 80% of investments (excluding bank deposits), are realized through investment funds managed under the Directive 2009/65/EC on undertakings for collective investment in transferable securities (UCITS).   


Underlying assets categories*
Max. shareTarget share
A. Government bonds
100%
10%
B. Bank deposits
20%
10%
C. Bonds of credit institutions or other financial institutions
20%
10%
D. Corporate bonds
100%
60%
E. Miscellaneous assets
20%
10%


Fund´s characteristics
Long-term investment objective:
increase of value of investment over the level of inflation
Benchmark:
none
Guarantee of capital or yield:
none
Expected volatility:
low
Expected performance:
moderate
Currency of Fund:
EUR
Currencies of underlying assets:
EUR; USD; GBP
Currency risk:
non hedged
Limitation on business sector/s:
none
Geographical limitations:
none
Change of structure of the portfolio:
portfolio is not fixed; may change depending on market conditions
Income and revenues:
fully reinvested; not intended to pay dividends
Direct use of derivates:only for risk mitigation; only derivatives admitted to regulated
Use of non-investment grade bonds:allowed, without limitation


Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 1.70 0.05 0.60 -0.50
February 0.56 -0.13 0.26 0.14
March -9.53 -9.70 0.81 -2.49
April 5.55 4.78 -0.52 2.51
May 0.86 3.27 0.05 1.03
June 1.62 2.18 1.42 -1.22
July -0.03 5.77 0.78 0.84
August 0.30 1.08 0.08 -0.40
September 0.00 -1.95 0.27 -1.89
October 0.57 0.49 -0.82 -0.25
November 1.60 4.05 - -
December 0.40 2.84 - -

Long-term performance of the insurance fund

Last three years
EURUSD
3.55% 13.91%
Since inception
EURUSD
6.60% 11.28%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
UBS (Lux) Bond Fund - Euro High Yield (EUR) I-A1-acc LU0415181899 36.73% -0.59% -0.59% -0.02% -0.22% -0.01%
Invesco Bond Fund LU1775947762 35.51% -0.57% -1.14% -0.57% -0.40% -0.20%
Baillie Gifford Worldwide Global Strategic Bond Fund Class A USD Acc Fonds IE00BK70YV13 20.27% -0.42% -0.99% -0.42% -0.20% -0.09%
Bank Deposits EUR Bank Deposits 7.50% 0.00% 0.00% 0.57% 0.00% 0.04%
Total 100% -0.82% -0.26%
Underlying assets
UBS (Lux) Bond Fund - Euro High Yield (EUR) I-A1-acc
ISIN: LU0415181899
Yield (Currency of underlying asset): -0.59%
Yield (EUR): -0.59%
Yield (USD): -0.02%
Rate of Participation: 36.73%
Weighted Fund Yield (EUR): -0.22%
Weighted Fund Yield (USD): -0.01%
Invesco Bond Fund
ISIN: LU1775947762
Yield (Currency of underlying asset): -0.57%
Yield (EUR): -1.14%
Yield (USD): -0.57%
Rate of Participation: 35.51%
Weighted Fund Yield (EUR): -0.4%
Weighted Fund Yield (USD): -0.2%
Baillie Gifford Worldwide Global Strategic Bond Fund Class A USD Acc Fonds
ISIN: IE00BK70YV13
Yield (Currency of underlying asset): -0.42%
Yield (EUR): -0.99%
Yield (USD): -0.42%
Rate of Participation: 20.27%
Weighted Fund Yield (EUR): -0.2%
Weighted Fund Yield (USD): -0.09%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 7.5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.04%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) -0.82%
Weighted Fund Yield (USD) -0.26%

NOVIS Global Select Insurance Fund

+3.10% (EUR) +3.69% (USD) (10/2021)

Invests directly or indirectly into stocks listed on major stock exchanges worldwide, which forms majority of investments. Aims to invest in investment funds which have a lower cost indicator than the average costs of investment funds and to achieve the greatest possible geographical diversification. Minor share may be invested into corporate or government bonds, including non-investment grade bonds. At least 80% of investments (excluding bank deposits), are realized through investment funds managed under the Directive 2009/65/EC on undertakings for collective investment in transferable securities (UCITS).  


Underlying assets categories*Max. shareTarget share
A. Government bonds
20%0%
B. Bank deposits20%10%
C. Bonds of credit institutions or other financial institutions20%0%
D. Corporate bonds50%10%
E. Shares100%70%
F. Miscellaneous assets20%10%


Fund´s characteristics
Long-term investment objective:increase of value of investment significantly over the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:high
Expected performance:high
Currency of Fund:EUR
Currencies of underlying assets:EUR; USD; GBP
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:allowed; limited only by potential share of bonds on Fund´s assets

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 0.19 -1.43 2.78 1.65
February -4.44 -5.08 3.46 3.33
March -13.66 -13.83 -0.71 -3.96
April 9.87 9.07 3.51 6.66
May 2.90 5.36 -1.23 -0.25
June -0.27 0.29 4.67 1.95
July 0.33 6.15 0.30 0.35
August 2.15 2.94 1.37 0.89
September -1.18 -3.10 -0.96 -3.09
October -0.28 -0.36 3.10 3.69
November 7.02 9.60 - -
December 1.37 3.84 - -

Long-term performance of the insurance fund

Last three years
EURUSD
4.75% 15.26%
Since inception
EURUSD
22.87% 28.30%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
UBS LUX INST-KEY GLB EQY-AAE FUND LU0155225690 41.01% 3.85% 3.85% 4.44% 1.58% 1.82%
BAI GIF WW LT GB GRW-AEURA FUND IE00BK5TW727 19.34% 7.26% 7.26% 7.88% 1.40% 1.52%
UBS LUX B-GL ST FX USD-EHIA 1 FUND LU2254329704 11.79% -0.73% -0.73% -0.16% -0.09% -0.02%
Invesco Global Income Fund A EUR LU1097688714 11.35% 2.19% 2.19% 2.77% 0.25% 0.31%
UBS (Lux) Bond Fund - EUR Flexible-Q ACC FUND LU0358407707 9.01% -0.50% -0.50% 0.07% -0.04% 0.01%
Bank Deposits EUR Bank Deposits 7.50% 0.00% 0.00% 0.57% 0.00% 0.04%
Total 100% 3.10% 3.68%
Underlying assets
UBS LUX INST-KEY GLB EQY-AAE FUND
ISIN: LU0155225690
Yield (Currency of underlying asset): 3.85%
Yield (EUR): 3.85%
Yield (USD): 4.44%
Rate of Participation: 41.01%
Weighted Fund Yield (EUR): 1.58%
Weighted Fund Yield (USD): 1.82%
BAI GIF WW LT GB GRW-AEURA FUND
ISIN: IE00BK5TW727
Yield (Currency of underlying asset): 7.26%
Yield (EUR): 7.26%
Yield (USD): 7.88%
Rate of Participation: 19.34%
Weighted Fund Yield (EUR): 1.4%
Weighted Fund Yield (USD): 1.52%
UBS LUX B-GL ST FX USD-EHIA 1 FUND
ISIN: LU2254329704
Yield (Currency of underlying asset): -0.73%
Yield (EUR): -0.73%
Yield (USD): -0.16%
Rate of Participation: 11.79%
Weighted Fund Yield (EUR): -0.09%
Weighted Fund Yield (USD): -0.02%
Invesco Global Income Fund A EUR
ISIN: LU1097688714
Yield (Currency of underlying asset): 2.19%
Yield (EUR): 2.19%
Yield (USD): 2.77%
Rate of Participation: 11.35%
Weighted Fund Yield (EUR): 0.25%
Weighted Fund Yield (USD): 0.31%
UBS (Lux) Bond Fund - EUR Flexible-Q ACC FUND
ISIN: LU0358407707
Yield (Currency of underlying asset): -0.5%
Yield (EUR): -0.5%
Yield (USD): 0.07%
Rate of Participation: 9.01%
Weighted Fund Yield (EUR): -0.04%
Weighted Fund Yield (USD): 0.01%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 7.5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.04%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 3.10%
Weighted Fund Yield (USD) 3.68%

NOVIS Sustainability Insurance Fund

+2.77% (EUR) +3.36% (USD) (10/2021)

Invests directly or indirectly into stocks or bonds of companies which comply with strict corporate governance rules, environmental and social criteria (ESG) according to the Principles of Responsible Investment created under the auspices of the United Nations. Aims to invest part of the assets into companies which, in addition to the ESG criteria, also meet the criteria of impact investment. Minor share may be invested into corporate or government bonds, including non-investment grade bonds. At least 80% of investments (excluding bank deposits), are realized through investment funds managed under the Directive 2009/65/EC on undertakings for collective investment in transferable securities (UCITS). 


Underlying assets categories*Max. shareTarget share
A. Government bonds
20%0%
B. Bank deposits20%10%
C. Bonds of credit institutions or other financial institutions20%0%
D. Corporate bonds50%10%
E. Shares100%70%
F. Miscellaneous assets20%10%


Fund´s characteristics
Long-term investment objective:increase of value of investment significantly over the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:high
Expected performance:high
Currency of Fund:EUR
Currencies of underlying assets:EUR; USD; GBP
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:allowed; limited only by potential share of bonds on Fund´s assets

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 0.98 -0.66 3.45 2.31
February -4.80 -5.45 4.77 4.64
March -11.21 -11.38 -0.50 -3.75
April 7.79 7.00 3.04 6.18
May 2.30 4.74 -2.02 -1.05
June 0.47 1.03 5.56 2.81
July 0.24 6.05 -0.73 -0.67
August 3.75 4.56 1.43 0.95
September -0.97 -2.89 -0.46 -2.60
October -0.39 -0.48 2.77 3.36
November 5.68 8.23 - -
December 3.04 5.55 - -

Long-term performance of the insurance fund

Last three years
EURUSD
9.99% 20.99%
Since inception
EURUSD
30.21% 35.95%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
UBS Global Sustainable Q-acc LU1240780160 48.21% 3.27% 2.68% 3.27% 1.29% 1.57%
Baillie Gifford Worldwide Global Stewardship Fund Class A EUR Acc IE00BK5TW834 32.59% 4.34% 4.34% 4.94% 1.42% 1.61%
INVESCO Fds Inv Sust Alloc Fd A EUR Cap LU1701702372 11.70% 0.55% 0.55% 1.13% 0.06% 0.13%
Bank Deposits EUR Bank Deposits 7.50% 0.00% 0.00% 0.57% 0.00% 0.04%
Total 100% 2.77% 3.35%
Underlying assets
UBS Global Sustainable Q-acc
ISIN: LU1240780160
Yield (Currency of underlying asset): 3.27%
Yield (EUR): 2.68%
Yield (USD): 3.27%
Rate of Participation: 48.21%
Weighted Fund Yield (EUR): 1.29%
Weighted Fund Yield (USD): 1.57%
Baillie Gifford Worldwide Global Stewardship Fund Class A EUR Acc
ISIN: IE00BK5TW834
Yield (Currency of underlying asset): 4.34%
Yield (EUR): 4.34%
Yield (USD): 4.94%
Rate of Participation: 32.59%
Weighted Fund Yield (EUR): 1.42%
Weighted Fund Yield (USD): 1.61%
INVESCO Fds Inv Sust Alloc Fd A EUR Cap
ISIN: LU1701702372
Yield (Currency of underlying asset): 0.55%
Yield (EUR): 0.55%
Yield (USD): 1.13%
Rate of Participation: 11.7%
Weighted Fund Yield (EUR): 0.06%
Weighted Fund Yield (USD): 0.13%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 7.5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.04%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 2.77%
Weighted Fund Yield (USD) 3.35%

NOVIS PIR Insurance Fund

+4.43% (EUR) +5.03% (USD) (10/2021)

The Internal Fund's main objective is the revaluation of capital by investing in UCITS compliant investment funds, securities or financial instruments that comply with the characteristics and limitations provided for by Law no. 232 of 11 December 2016 (“2017 Budget Law”), as subsequently supplemented and amended, and by Law no. 157 of 19 December 2019, which introduces the PIR rules established as from 1 January 2020 ("PIR 2020 Regulation"). Majority of investments (excluding bank deposits), are realized through investment funds managed under the Directive 2009/65/EC on undertakings for collective investment in transferable securities (UCITS). 


Underlying assets categories*Max. shareTarget share
A. Government bonds
20%0%
B. Bank deposits20%10%
C. Bonds of credit institutions or other financial institutions20%0%
D. Corporate bonds50%20%
E. Shares100%60%
F. Miscellaneous assets20%10%


At least 17,5has to be invested in financial instruments issued or representing companies not included in the FTSE MIB index of the Italian Stock Exchange or in indices equivalents in other regulated markets, as well as at least 3,5% in financial instruments issued or representing companies not included in the FTSE MIB and FTSE Italia Mid Cap indices of Borsa Italiana or in equivalent indices on other regulated markets. 


Fund´s characteristics
Long-term investment objective:increase of value of investment significantly over the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:high
Expected performance:high
Currency of Fund:EUR
Currencies of underlying assets:EUR
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:at least 70 % of fund‘s assets is invested into Italian based companies, or companies with activities in Italy
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:allowed; limited only by potential share of bonds on Fund´s assets

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 0.99 -0.65 -1.95 -3.03
February -2.88 -3.54 6.37 6.24
March -20.38 -20.53 5.11 1.67
April 6.57 5.79 2.96 6.10
May 1.65 4.08 4.21 5.24
June 3.52 4.09 2.02 -0.63
July 1.68 7.59 1.27 1.33
August 1.32 2.11 3.05 2.55
September -0.68 -2.61 -2.51 -4.61
October -5.35 -5.43 4.43 5.03
November 13.47 16.21 - -
December 1.96 4.43 - -

Long-term performance of the insurance fund

Last three years
EURUSD
6.18% 16.82%
Since inception
EURUSD
35.37% 41.34%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
LYXOR FTSE ITA MID CAP PIR FUND FR0011758085 57.14% 5.59% 5.59% 6.19% 3.19% 3.54%
GENER SM PIR VALOR ITALIA- IX FUND LU1580349303 28.32% 2.26% 2.26% 2.84% 0.64% 0.81%
GENER SM PIR EVOLU ITALIA-IX FUND LU1608205271 14.54% 4.10% 4.10% 4.70% 0.60% 0.68%
Total 100% 4.43% 5.03%
Underlying assets
LYXOR FTSE ITA MID CAP PIR FUND
ISIN: FR0011758085
Yield (Currency of underlying asset): 5.59%
Yield (EUR): 5.59%
Yield (USD): 6.19%
Rate of Participation: 57.14%
Weighted Fund Yield (EUR): 3.19%
Weighted Fund Yield (USD): 3.54%
GENER SM PIR VALOR ITALIA- IX FUND
ISIN: LU1580349303
Yield (Currency of underlying asset): 2.26%
Yield (EUR): 2.26%
Yield (USD): 2.84%
Rate of Participation: 28.32%
Weighted Fund Yield (EUR): 0.64%
Weighted Fund Yield (USD): 0.81%
GENER SM PIR EVOLU ITALIA-IX FUND
ISIN: LU1608205271
Yield (Currency of underlying asset): 4.1%
Yield (EUR): 4.1%
Yield (USD): 4.7%
Rate of Participation: 14.54%
Weighted Fund Yield (EUR): 0.6%
Weighted Fund Yield (USD): 0.68%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 4.43%
Weighted Fund Yield (USD) 5.03%

NOVIS Discovery Insurance Fund

+3.24% (EUR) +3.82% (USD) (10/2021)

The Fund is own fund of Insurance company. The Fund is a non-guaranteed fund, which means that investment risks are fully borne by the Policyholder and the Insurance company does not provide either capital or yield guarantees. Fund invests mainly into equity or equity funds with aim to reach high performance even if it also means potentially higher volatility. Insurer will mostly use investment funds compliant with UCITS regulation which outperform its benchmarks and which are actively managed to invest into shares of potentially high-growth companies. When selecting debt securities in which the Fund invests, their duration is not a limiting criterion. There is also no maximum modified duration of the Fund‘s asset portfolio set, or other indicators that limit interest rate risk or credit risk. The Fund may also invest in debt securities of issuers with non-investment grade rating, without setting a maximum ratio of such debt securities in the Fund. Issuers with investment grade rating are thosewhose credit rating assessed by a credit rating agency is at least on certain level, i.e., in the case of Standard & Poor‘s and Fitch a rating of BBB and in the case of Moody‘s agency a rating of Baa3. Issuers with non-investment grade rating are those, who do not have a credit rating performed by a credit rating agency at least at the above defined level. If the Fund invests into debt securities directly, it can only select those, that have been issued by issuers that have a credit assessment performed by a reputable rating agency or that have been subject to an internal assessment process performed by the Insurance company. If the Fund invests in debt securities indirectly through an investment fund, its management company applies for the selection of securities rules for assessment of its credit quality using as defined in the documentation of the respective investment fund. The Fund is denominated in euros, but the underlying assets may be denominated in other currencies, which means that the return on the Fund may be affected not only by the performance of the assets but also by the exchange rate. Currency risk is not hedged. The Fund does not have target performance related to an index or benchmark.




Underlying assets categories*
Max. share
Target share
A. Government bonds
20%
0%
B. Bank deposits
20%
10%
C. Bonds of credit institutions or other financial institutions
20%
0%
D. Corporate bonds
60%
0%
E. Shares
100%
90%
F. Miscellaneous assets
20%
0%


Cummulative performance

In percentage 2021
EUR USD
January - -
February - -
March - -
April - -
May - -
June - -
July - -
August - -
September 0.00 0.00
October 3.24 3.82
November - -
December - -

Long-term performance of the insurance fund

Last three years
EURUSD
-100.00% -100.00%
Since inception
EURUSD
3.24% 3.82%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
UBS (D) Equity Fund - Global Opportunity DE0008488214 39.65% 4.47% 4.47% 5.06% 1.77% 2.01%
Baillie Gifford Worldwide Positive Change Fund Class A EUR Acc IE00BK5TW941 37.98% 2.10% 2.10% 2.68% 0.80% 1.02%
Baillie Gifford Global Discovery Fund - Class B GB0006059330 22.37% 1.12% 2.99% 3.58% 0.67% 0.80%
Total 100% 3.24% 3.83%
Underlying assets
UBS (D) Equity Fund - Global Opportunity
ISIN: DE0008488214
Yield (Currency of underlying asset): 4.47%
Yield (EUR): 4.47%
Yield (USD): 5.06%
Rate of Participation: 39.65%
Weighted Fund Yield (EUR): 1.77%
Weighted Fund Yield (USD): 2.01%
Baillie Gifford Worldwide Positive Change Fund Class A EUR Acc
ISIN: IE00BK5TW941
Yield (Currency of underlying asset): 2.1%
Yield (EUR): 2.1%
Yield (USD): 2.68%
Rate of Participation: 37.98%
Weighted Fund Yield (EUR): 0.8%
Weighted Fund Yield (USD): 1.02%
Baillie Gifford Global Discovery Fund - Class B
ISIN: GB0006059330
Yield (Currency of underlying asset): 1.12%
Yield (EUR): 2.99%
Yield (USD): 3.58%
Rate of Participation: 22.37%
Weighted Fund Yield (EUR): 0.67%
Weighted Fund Yield (USD): 0.8%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 3.24%
Weighted Fund Yield (USD) 3.83%

Insurance Funds of Portfolio products

NOVIS Guaranteed Growth Insurance Fund

+0.30% (EUR) +0.30% (USD) (10/2021)

Fund invests into government bonds of eurozone countries. Disregarding the investments performed by the Fund, NOVIS guarantees the value of the capital invested in this Fund as well as a monthly return until the end of the year based on rate published on the website of Insurer before the end of preceding calendar year.  

As the return for each year is guaranteed, the return on investment and the value of the investment are not directly dependent on the development of the underlying assets. The achieved yield of the underlying assets may influence the future value of guaranteed appreciation of the Fund. 

  

Monthly return announced for year 2021: 3,66 % p.a. 


Underlying assets categories*Max. share
A. Government bonds
100%
B. Bank deposits20%


Fund´s characteristics
Long-term investment objective:increase of value of investment on the level of inflation
Benchmark:none
Guarantee of capital or yield:value of the capital invested in this Fund as well as a monthly return until the end of the year based on rate published on the website of Insurer; it is guaranteed by NOVIS without any 3rd party guarantee 
Expected volatility:very low
Expected performance:moderate
Currency of Fund:EUR
Currencies of underlying assets:EUR
Currency risk:none
Limitation on business sector/s:none
Geographical limitation:invests into government bonds of eurozone countries
Change of structure of the portfolio:fixed; only level of bank deposits may change over time 
Income and revenues:fully reinvested; not intended to pay dividends 
Direct use of derivatives:none
Use of non-investment grade bonds:none

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 0.30 0.30 0.30 0.30
February 0.30 0.30 0.30 0.30
March 0.30 0.30 0.30 0.30
April 0.30 0.30 0.30 0.30
May 0.30 0.30 0.30 0.30
June 0.30 0.30 0.30 0.30
July 0.30 0.30 0.30 0.30
August 0.30 0.30 0.30 0.30
September 0.30 0.30 0.30 0.30
October 0.30 0.30 0.30 0.30
November 0.30 0.30 - -
December 0.30 0.30 - -

Long-term performance of the insurance fund

Last three years
EURUSD
10.72% 11.05%
Since inception
EURUSD
28.62% 14.43%

NOVIS ETF Shares Insurance Fund

+3.96% (EUR) +4.56% (USD) (10/2021)

Invests into equity exchange traded funds (equity ETFs) which focuses on companies from both developed and developing markets without limitation to certain sectors of economy. Equity ETFs invests into shares of companies and its investment objective is to copy the development of the selected stock index and its composition and hence the proportional share of the companies.


Underlying assets categories*Max. share
A. Stock ETFs
100%
B. Bank deposits20%


Fund´s characteristics
Long-term investment objective:increase of value of investment significantly over the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:high
Expected performance:high
Currency of Fund:EUR
Currencies of underlying assets:EUR; USD
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:none

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 1.63 -0.02 2.76 1.63
February -7.04 -7.67 1.70 1.58
March -14.39 -14.55 5.04 1.61
April 9.74 8.94 2.27 5.38
May 0.22 2.62 -0.34 0.64
June 1.84 2.40 4.16 1.46
July 0.45 6.28 1.39 1.45
August 4.39 5.20 1.75 1.26
September -1.79 -3.70 -1.26 -3.39
October -0.57 -0.66 3.96 4.56
November 7.66 10.26 - -
December 0.66 3.11 - -

Long-term performance of the insurance fund

Last three years
EURUSD
22.21% 18.70%
Since inception
EURUSD
136.77% 39.03%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
iShare MSCI WORLD ETF (USD) US4642863926 86.58% 4.97% 4.38% 4.97% 3.79% 4.30%
iShare MSCI EM - ACC (EUR) IE00B4L5YC18 8.24% 2.07% 2.07% 2.65% 0.17% 0.22%
Bank Deposits EUR Bank Deposits 5.00% 0.00% 0.00% 0.57% 0.00% 0.03%
iShare MSCI EM - ACC (USD) IE00B4L5YC18 0.18% 2.68% 2.10% 2.68% 0.00% 0.00%
Total 100% 3.96% 4.55%
Underlying assets
iShare MSCI WORLD ETF (USD)
ISIN: US4642863926
Yield (Currency of underlying asset): 4.97%
Yield (EUR): 4.38%
Yield (USD): 4.97%
Rate of Participation: 86.58%
Weighted Fund Yield (EUR): 3.79%
Weighted Fund Yield (USD): 4.3%
iShare MSCI EM - ACC (EUR)
ISIN: IE00B4L5YC18
Yield (Currency of underlying asset): 2.07%
Yield (EUR): 2.07%
Yield (USD): 2.65%
Rate of Participation: 8.24%
Weighted Fund Yield (EUR): 0.17%
Weighted Fund Yield (USD): 0.22%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.03%
iShare MSCI EM - ACC (USD)
ISIN: IE00B4L5YC18
Yield (Currency of underlying asset): 2.68%
Yield (EUR): 2.1%
Yield (USD): 2.68%
Rate of Participation: 0.18%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 3.96%
Weighted Fund Yield (USD) 4.55%

NOVIS Gold Insurance Fund

+3.42% (EUR) +4.01% (USD) (10/2021)

Invests into gold exchange traded funds (gold ETFs), whose change of value is linked to the change of price of gold. Fund itself cannot hold the physical gold or precious metals but its underlying assets invests into physical gold or precious metals. 


Underlying assets categories*Max. share
A. Gold ETFs
100%
B. Bank deposits20%


Fund´s characteristics
Long-term investment objective:increase of value of investment over the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:moderate
Expected performance:moderate
Currency of Fund:EUR
Currencies of underlying assets:USD
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:none
Use of non-investment grade bonds:none

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 5.81 4.09 -1.74 -2.82
February 4.43 3.72 -3.85 -3.97
March -0.51 -0.70 -1.77 -4.98
April 6.54 5.76 2.37 5.49
May -2.34 -0.01 6.08 7.13
June 2.47 3.04 -5.08 -7.55
July 3.07 9.05 3.70 3.76
August -0.38 0.40 -0.47 -0.95
September -1.16 -3.08 -2.38 -4.48
October -1.19 -1.27 3.42 4.01
November -5.27 -2.99 - -
December 2.72 5.21 - -

Long-term performance of the insurance fund

Last three years
EURUSD
41.82% 40.50%
Since inception
EURUSD
64.61% 32.91%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
SPDR Gold Trust USD US78463V1070 95.00% 4.19% 3.60% 4.19% 3.42% 3.98%
Bank Deposits EUR Bank Deposits 5.00% 0.00% 0.00% 0.57% 0.00% 0.03%
Total 100% 3.42% 4.01%
Underlying assets
SPDR Gold Trust USD
ISIN: US78463V1070
Yield (Currency of underlying asset): 4.19%
Yield (EUR): 3.6%
Yield (USD): 4.19%
Rate of Participation: 95%
Weighted Fund Yield (EUR): 3.42%
Weighted Fund Yield (USD): 3.98%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.03%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 3.42%
Weighted Fund Yield (USD) 4.01%

NOVIS Entrepreneurial Insurance Fund

+6.36% (EUR) +6.97% (USD) (10/2021)

Invests into private equity or prospective companies and projects from both developed and developing markets. Fund may include investments into projects contributing to the growth of economy and creation of employment in developing and emerging countries. For this purpose, the Fund also invests into investment funds or into equity exchange traded funds (equity ETFs) replicating index of listed private equity companies.  


Underlying assets categories*Max. share
A. ETFs replicating index of listed private equity companies
100%
B. Investment funds supporting investments in less developed parts of the world100%
C. Share capital of selected companies100%
D. Equity financing instruments100%
E. Bank deposits20%


Fund´s characteristics
Long-term investment objective:increase of value of investment over the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:high
Expected performance:high
Currency of Fund:EUR
Currencies of underlying assets:EUR; USD
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:allowed, without limitation

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 2.38 0.72 1.31 0.20
February -4.27 -4.92 4.61 4.48
March -12.87 -13.04 4.96 1.54
April 6.47 5.69 4.68 7.87
May 0.76 3.17 1.13 2.13
June -0.62 -0.07 2.63 -0.03
July -0.75 5.01 4.07 4.13
August 1.33 2.12 1.01 0.53
September -1.24 -3.16 -0.94 -3.07
October -1.41 -1.49 6.36 6.97
November 9.60 12.24 - -
December 1.42 3.89 - -

Long-term performance of the insurance fund

Last three years
EURUSD
21.30% 18.32%
Since inception
EURUSD
133.85% 50.35%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
ISHARES S&P LISTED PRIVATE USD (LN) IE00B1TXHL60 40.32% 10.00% 9.38% 10.00% 3.78% 4.03%
iShares Listed Private Equity UCITS ETF USD IE00B1TXHL60 25.87% 9.48% 9.47% 10.10% 2.45% 2.61%
responsAbility Micro and SME Finance Fund II LU1050624516 20.89% 0.89% 0.89% 1.47% 0.19% 0.31%
iShares Euro High Yield Corporate Bond EUR (GF) IE00B66F4759 12.92% -0.46% -0.46% 0.11% -0.06% 0.01%
Total 100% 6.36% 6.96%
Underlying assets
ISHARES S&P LISTED PRIVATE USD (LN)
ISIN: IE00B1TXHL60
Yield (Currency of underlying asset): 10%
Yield (EUR): 9.38%
Yield (USD): 10%
Rate of Participation: 40.32%
Weighted Fund Yield (EUR): 3.78%
Weighted Fund Yield (USD): 4.03%
iShares Listed Private Equity UCITS ETF USD
ISIN: IE00B1TXHL60
Yield (Currency of underlying asset): 9.48%
Yield (EUR): 9.47%
Yield (USD): 10.1%
Rate of Participation: 25.87%
Weighted Fund Yield (EUR): 2.45%
Weighted Fund Yield (USD): 2.61%
responsAbility Micro and SME Finance Fund II
ISIN: LU1050624516
Yield (Currency of underlying asset): 0.89%
Yield (EUR): 0.89%
Yield (USD): 1.47%
Rate of Participation: 20.89%
Weighted Fund Yield (EUR): 0.19%
Weighted Fund Yield (USD): 0.31%
iShares Euro High Yield Corporate Bond EUR (GF)
ISIN: IE00B66F4759
Yield (Currency of underlying asset): -0.46%
Yield (EUR): -0.46%
Yield (USD): 0.11%
Rate of Participation: 12.92%
Weighted Fund Yield (EUR): -0.06%
Weighted Fund Yield (USD): 0.01%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 6.36%
Weighted Fund Yield (USD) 6.96%

NOVIS Mortgage Insurance Fund

-0.50% (EUR) +0.07% (USD) (10/2021)

Invests primarily in financial instruments linked with the real estate sector such as ETFs (Exchange Traded Funds) investing in covered bonds issued by financial institutions financing the real estate sector, real estate funds, corporate bonds dedicated to financing of real estate projects, mortgage bonds and in other financial instruments which are secured by loans or the value of which applies to real estate development.  


Underlying assets categories*Max. share
A. Financial instruments linked with or based on real estates
100%
B. Bank deposits20%


Fund´s characteristics
Long-term investment objective:increase of value of investment on the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:moderate
Expected performance:low
Currency of Fund:EUR
Currencies of underlying assets:EUR
Currency risk:not hedged
Limitation on business sector/s:real estates
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:allowed, without limitation

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 0.93 -0.71 0.00 -1.10
February 0.62 -0.06 -1.06 -1.18
March -2.34 -2.53 0.05 -3.22
April 0.72 -0.02 -0.19 2.85
May 0.21 2.60 -0.14 0.85
June 0.28 0.84 0.00 -2.60
July -0.11 5.69 0.71 0.77
August -0.25 0.53 0.02 -0.46
September 0.41 -1.54 -0.80 -2.94
October 0.20 0.11 -0.50 0.07
November -0.08 2.33 - -
December -0.06 2.37 - -

Long-term performance of the insurance fund

Last three years
EURUSD
3.23% 2.65%
Since inception
EURUSD
10.42% -4.44%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
iShares Euro Covered Bond UCITS ETF IE00B3B8Q275 92.50% -0.54% -0.54% 0.02% -0.50% 0.02%
Bank Deposits EUR Bank Deposits 7.50% 0.00% 0.00% 0.57% 0.00% 0.04%
Total 100% -0.50% 0.06%
Underlying assets
iShares Euro Covered Bond UCITS ETF
ISIN: IE00B3B8Q275
Yield (Currency of underlying asset): -0.54%
Yield (EUR): -0.54%
Yield (USD): 0.02%
Rate of Participation: 92.5%
Weighted Fund Yield (EUR): -0.5%
Weighted Fund Yield (USD): 0.02%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 7.5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.04%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) -0.50%
Weighted Fund Yield (USD) 0.06%

NOVIS Family Office Insurance Fund

-0.28% (EUR) +0.28% (USD) (10/2021)

Invests in alternative investment funds, specifically Family office funds. These funds invest significantly in non-listed shares and bonds and a limited portion of investments may be allocated into various other assets (e.g. real estate property, works of art and collections or precious metals or gemstones). Fund may also invest into assets focused on stable growth for a long period of time.  


Underlying assets categories*Max. share
A. Family Office Funds
100%
B. Investment tools oriented on long-term and stable value growth100%
C. Bank deposits20%


Fund´s characteristics
Long-term investment objective:increase of value of investment over the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:low
Expected performance:moderate
Currency of Fund:EUR
Currencies of underlying assets:EUR; USD
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:allowed, without limitation

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 0.37 -1.26 0.51 -0.59
February -0.20 -0.87 0.23 0.11
March -1.95 -2.14 0.88 -2.41
April 1.44 0.70 0.10 3.14
May 0.51 2.92 0.25 1.24
June 0.09 0.64 1.27 -1.36
July -0.22 5.57 0.05 0.11
August 0.23 1.01 0.18 -0.30
September 0.05 -1.90 0.40 -1.76
October 0.06 -0.03 -0.28 0.28
November 0.33 2.75 - -
December 0.03 2.45 - -

Long-term performance of the insurance fund

Last three years
EURUSD
9.93% 7.76%
Since inception
EURUSD
22.32% 6.00%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
BP Family Office EUR THES (in liquidation) LI0287824523 52.70% 0.00% 0.00% 0.57% 0.00% 0.30%
ISHARES IBOXX H/Y CORP BOND FUND US4642885135 26.84% -0.27% -0.83% -0.26% -0.22% -0.07%
ISHARES EURO HY CORP BND (GY) EUR IE00B66F4759 12.96% -0.47% -0.47% 0.10% -0.06% 0.01%
Bank Deposits EUR Bank Deposits 7.50% 0.00% 0.00% 0.57% 0.00% 0.04%
Total 100% -0.28% 0.28%
Underlying assets
BP Family Office EUR THES (in liquidation)
ISIN: LI0287824523
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 52.7%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.3%
ISHARES IBOXX H/Y CORP BOND FUND
ISIN: US4642885135
Yield (Currency of underlying asset): -0.27%
Yield (EUR): -0.83%
Yield (USD): -0.26%
Rate of Participation: 26.84%
Weighted Fund Yield (EUR): -0.22%
Weighted Fund Yield (USD): -0.07%
ISHARES EURO HY CORP BND (GY) EUR
ISIN: IE00B66F4759
Yield (Currency of underlying asset): -0.47%
Yield (EUR): -0.47%
Yield (USD): 0.1%
Rate of Participation: 12.96%
Weighted Fund Yield (EUR): -0.06%
Weighted Fund Yield (USD): 0.01%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 7.5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.04%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) -0.28%
Weighted Fund Yield (USD) 0.28%

NOVIS World Brands Insurance Fund

+1.42% (EUR) +2.00% (USD) (10/2021)

Invests into mixed investment funds focused on companies with high brand value, where the brand value has not been reflected so far in the increase of the price of their shares. Fund invests into one or all sub-funds of the umbrella “Wealth Fund”. The sub-funds invest in securities and money market instruments that are approved or traded on regulated markets either in or outside of European Union and include shares, debentures, open ended investment funds subject to EU Directive (UCITS) and derivative equivalents across the sectors of economy and without geographical limitations. 


Underlying assets categories*Max. share
A. Sub-funds of the umbrella "Wealth Fund"
100%
B. Bank deposits20%


Fund´s characteristics
Long-term investment objective:increase of value of investment significantly over the level of equity index
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:high
Expected performance:high
Currency of Fund:EUR
Currencies of underlying assets:EUR
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:allowed, without limitation

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 3.12 1.45 2.30 1.18
February -2.27 -2.94 1.85 1.73
March -15.18 -15.34 0.01 -3.26
April 5.53 4.76 0.24 3.29
May 3.27 5.74 -1.52 -0.55
June 0.80 1.36 2.70 0.03
July 2.47 8.42 0.15 0.21
August 5.25 6.06 0.52 0.04
September -2.37 -4.27 0.06 -2.09
October -1.10 -1.18 1.42 2.00
November 3.02 5.50 - -
December 0.30 2.73 - -

Long-term performance of the insurance fund

Last three years
EURUSD
-1.86% -5.57%
Since inception
EURUSD
30.09% -3.26%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
Wealth Fund World Class Brands Vermögensfreunde Cap LU0939910286 44.66% 1.31% 1.31% 1.89% 0.59% 0.84%
H2Progressive Vermögensfreunde LU0939909783 24.84% 2.06% 2.06% 2.64% 0.51% 0.66%
H2Conservative Vermögensfreunde LU0939909940 23.00% 1.42% 1.42% 2.00% 0.33% 0.46%
Bank Deposits EUR Bank Deposits 7.50% 0.00% 0.00% 0.57% 0.00% 0.04%
Total 100% 1.43% 2.00%
Underlying assets
Wealth Fund World Class Brands Vermögensfreunde Cap
ISIN: LU0939910286
Yield (Currency of underlying asset): 1.31%
Yield (EUR): 1.31%
Yield (USD): 1.89%
Rate of Participation: 44.66%
Weighted Fund Yield (EUR): 0.59%
Weighted Fund Yield (USD): 0.84%
H2Progressive Vermögensfreunde
ISIN: LU0939909783
Yield (Currency of underlying asset): 2.06%
Yield (EUR): 2.06%
Yield (USD): 2.64%
Rate of Participation: 24.84%
Weighted Fund Yield (EUR): 0.51%
Weighted Fund Yield (USD): 0.66%
H2Conservative Vermögensfreunde
ISIN: LU0939909940
Yield (Currency of underlying asset): 1.42%
Yield (EUR): 1.42%
Yield (USD): 2%
Rate of Participation: 23%
Weighted Fund Yield (EUR): 0.33%
Weighted Fund Yield (USD): 0.46%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 7.5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.04%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 1.43%
Weighted Fund Yield (USD) 2.00%

NOVIS Digital Assets Insurance Fund

+4.21% (EUR) +4.80% (USD) (10/2021)

Invests into investment funds or exchange traded funds focused on shares of companies which develop and provide computing capacity (so-called cloud computing) or other technology companies.


Underlying assets categories*Max. share
A. Alternative investment funds focused on arbitrage trading and providing of computing capacity
100%
B. Bank deposits20%


Fund´s characteristics
Long-term investment objective:increase of value of investment significantly over the level of inflation
Benchmark:none
Guarantee of capital or yield:none
Expected volatility:very high
Expected performance:very high
Currency of Fund:EUR
Currencies of underlying assets:USD
Currency risk:not hedged
Limitation on business sector/s:none
Geographical limitation:none
Change of structure of the portfolio:portfolio is not fixed; may change depending on market conditions
Income and revenues:fully reinvested; not intended to pay dividends
Direct use of derivatives:only for risk mitigation; only derivatives admitted to regulated market
Use of non-investment grade bonds:allowed, without limitation

Cummulative performance

In percentage 2020 2021
EUR USD EUR USD
January 7.73 5.99 4.98 3.83
February -7.42 -8.05 -1.59 -1.72
March -7.25 -7.42 -0.02 -3.29
April 11.56 10.74 2.55 5.67
May 3.85 6.33 -2.19 -1.22
June 2.90 3.47 8.41 5.60
July 1.67 7.57 0.36 0.42
August 4.05 4.86 2.18 1.69
September -1.70 -3.61 -1.69 -3.81
October -0.27 -0.36 4.21 4.80
November 6.04 8.59 - -
December 3.72 6.24 - -

Long-term performance of the insurance fund

Last three years
EURUSD
98.82% 97.96%
Since inception
EURUSD
237.37% 121.67%

Monthly performance of underlying assets

Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Yield (USD) Weighted Fund Yield (EUR) Weighted Fund Yield (USD)
FIRST TRUST CLOUD COMPUTING FUND US33734X1928 31.67% 7.44% 6.83% 7.44% 2.16% 2.36%
ETFMG PRIME CYBER SECURITY E FUND US26924G2012 28.42% 6.39% 5.78% 6.39% 1.64% 1.81%
ELJOVI Multi-Strategy Fund KYG3004A1004 18.20% -1.29% -1.85% -1.29% -0.34% -0.23%
GLOBAL X FUTURE ANALYTICS TE FUND US37954Y6326 16.71% 5.01% 4.42% 5.01% 0.74% 0.84%
Bank Deposits EUR Bank Deposits 5.00% 0.00% 0.00% 0.57% 0.00% 0.03%
Total 100% 4.20% 4.81%
Underlying assets
FIRST TRUST CLOUD COMPUTING FUND
ISIN: US33734X1928
Yield (Currency of underlying asset): 7.44%
Yield (EUR): 6.83%
Yield (USD): 7.44%
Rate of Participation: 31.67%
Weighted Fund Yield (EUR): 2.16%
Weighted Fund Yield (USD): 2.36%
ETFMG PRIME CYBER SECURITY E FUND
ISIN: US26924G2012
Yield (Currency of underlying asset): 6.39%
Yield (EUR): 5.78%
Yield (USD): 6.39%
Rate of Participation: 28.42%
Weighted Fund Yield (EUR): 1.64%
Weighted Fund Yield (USD): 1.81%
ELJOVI Multi-Strategy Fund
ISIN: KYG3004A1004
Yield (Currency of underlying asset): -1.29%
Yield (EUR): -1.85%
Yield (USD): -1.29%
Rate of Participation: 18.2%
Weighted Fund Yield (EUR): -0.34%
Weighted Fund Yield (USD): -0.23%
GLOBAL X FUTURE ANALYTICS TE FUND
ISIN: US37954Y6326
Yield (Currency of underlying asset): 5.01%
Yield (EUR): 4.42%
Yield (USD): 5.01%
Rate of Participation: 16.71%
Weighted Fund Yield (EUR): 0.74%
Weighted Fund Yield (USD): 0.84%
Bank Deposits EUR
ISIN: Bank Deposits
Yield (Currency of underlying asset): 0%
Yield (EUR): 0%
Yield (USD): 0.57%
Rate of Participation: 5%
Weighted Fund Yield (EUR): 0%
Weighted Fund Yield (USD): 0.03%
Total
Rate of Participation: 100%
Weighted Fund Yield (EUR) 4.20%
Weighted Fund Yield (USD) 4.81%

Co-Branded Insurance Funds of Portfolio products

NOVIS Reserves Insurance Fund - denominated in EUR or HUF

This fund includes capital protection and predetermined yield as announced by the Insurer for one year in advance. The protection is provided by the Insurer. Underlying assets of this Fund are government bonds. Monthly return announced for year 2021: HUF: 4,00% p.a.; EUR: 3,66% p.a.

NOVIS Asia Emerging Markets Equity Insurance Fund

The purpose of the fund is to provide long-term capital growth with a stable income. The fund may invest in equities of companies operating in emerging markets according to the MSCI Emerging Markets Asia Index. 

NOVIS Latin America Equity Insurance Fund

The purpose of the fund is to provide long-term capital growth primarily by investing in equities of Latin American companies. It invests its assets in corporate equities domiciled in, or principally engaged in, Latin American countries.  

NOVIS Mixed Asset Insurance Fund

The purpose of the fund is to provide income and moderate medium-term capital growth. The fund invests in a wide range of markets for investment grade, high yield and emerging market bonds and corporate equity including global government bonds, local government bonds, corporate bonds and other assets issued by organizations, real estate and infrastructure.  

NOVIS Global Income Fund Asset Insurance Fund

The purpose of the fund is to provide regular income through a portfolio of yield-generating securities. The fund primarily invests in bonds, equities, and regulated real estate investment companies even in emerging markets. 

NOVIS Absolute Return Insurance Fund

The purpose of the fund is to achieve a return higher than that of government securities while taking on additional risk. To achieve this end, the fund manager invests in investment funds that have the ability to earn returns not only in the rising markets but also in less developed markets.  

NOVIS Global Emerging Markets Equity Insurance Fund

The purpose of the fund is to provide income and long-term capital growth. The fund invests its assets in equities that are domiciled in, or principally engaged in, the developing countries. These include smaller companies with high growth potential.  

NOVIS Global Developed Market Equity Insurance Fund

The purpose of the fund is to provide income and long-term capital growth. The fund invests in equities of well-established income-producing companies worldwide. Assets are selected based on attractive dividend yields and capital growth potential.  

NOVIS Global Bond Insurance Fund

The purpose of the fund is to maximize the total return of investment by increasing the value of the investment and the return on investment in the medium and long-term and realizing exchange rate gains. The fund invests primarily in debt securities of any quality issued by governments or government agencies of any developed or emerging markets, but also to a lesser extent in debt securities of any quality issued by companies domiciled in any country.

NOVIS Short-term Hungarian Bonds Asset Insurance Fund

The purpose of the fund is to enable clients to invest in low-risk, forint-denominated, fixed- or floating-rate, low-risk securities and short-term Hungarian government securities.

*Definition of underlying assets categories can be found in the respective fund's statute.