Profiting Together
Salutem is a qualified investor fund with variable share capital (SICAV). We offer investors the opportunity to grow their funds through participation in the profit from our real estate projects within an expected return ranging between 6.0 – 6.3% per year. We deliver this return even if the fund does not achieve the expected performance, at our expense, up to the full amount of the capital invested. Join us on a shared path to profit.
About the Fund
The long-term experience of the fund’s founders in the real estate market ensures the Salutem fund receives a constant flow of new investment opportunities in various projects across the Czech Republic.
We are ready to share this growth potential with other investors in exchange for the provision of additional capital for the recommended minimum investment horizon of 3 years.
Salutem’s own business is based on diversified investments in income-generating real estate and related projects. The fund invests primarily in profitable real estate, especially in residential and commercial premises.
The legal form of the Salutem Fund as a joint stock company with variable share capital (SICAV) allows investments in joint projects in the form of preferred investment shares.
Preferred investment shares provide for their holders a preferential right to a minimum yield (in our case 6.0% p.a.), even if the profitability of the fund were to be lower than that or even negative. In such a case, the payment of the proceeds would take place at the expense of the fund’s founders up to the value of their equity.
Basic parameters
| Legal form of the fund | Joint stock company with variable share capital (SICAV) |
|---|---|
| Fund type | Qualified investor fund |
| Underlying assets of the fund | Investments in real estate, receivables secured by real estate, loans, investment securities, additional assets (e.g. real estate) |
| Issued security | Priority investment shares |
| Publicly tradable | No |
| Share subscription frequency | Monthly |
| Minimum client investment | CZK 1 million |
| Entry charge | 3 % |
| Client’s investment horizon | Minimum of 3 years |
| Exit charge | Up to 3 years of holding 5%, after the 3rd year of holding 0% |
| Taxation of fund income | 5% of the fund’s profit |
| Taxation of shareholders – individuals | 15% for redemption up to 3 years, 0% for redemption after 3 years |
| Fund manager | AVANT investiční společnost, a.s. |
| Fund Administrator | AVANT investiční společnost, a.s. |
| Depository bank | Československá obchodní banka, a.s. |
| Auditor | Nexia AP a.s. |
Why invest with us
Above-standard yield up to 6.3% p.a.
Holders of preferred investment shares in the Salutem fund can increase the value of their funds at an above-standard interest rate of up to 6.3% p.a. The payment of this return always takes place in preference to the fund’s founders holding performance investment shares.
Minimum return of 6.0% p.a. in the form of redistribution of fund capital
Guarantee of a minimum return on preference investment shares of 6.0% p.a. (MIN), even in the case of lower profit or the fund making a loss. The guarantee takes the form of redistribution of fund capital from holders of performance investment shares in favour of holders of preference investment shares, up to the amount of this fund capital.
Investment diversification
The Salutem Fund invests in real estate projects, which are in themselves considered a less risky instrument. In addition however, the fund diversifies these investments, both geographically and in terms of investment across different types of real estate (commercial and residential) and other assets.
Solid foundations from income-generating real estate
Unlike, for example, pure development funds, the backbone of the fund’s appreciation is stable income-generating real estate, whether it is from fully occupied industrial areas or individual residential properties with long-term tenants.
Decades of experience in the field
The manager, the supervisory board and the founders of the fund together have a unique combination of experience both in the field of collective investment and in the field of real estate investments.
We work with the best
Our work is unimaginable without the expertise of high-quality partners. We have for many years enjoyed a deep co-operation with Znalecká a poradenská kancelář s.r.o. and thanks to their knowledge and reach we achieve access to the most interesting real estate investments in the market. They also ensure that our revenue-focussed projects achieve their objectives, through leasing to reliable and financially stable tenants on mutually attractive terms.
People
Petr Jiříček
Chairman of the Supervisory Board
Josef Hlaváček
Member of the Supervisory Board
Jaroslav Ton
Founder of the fund
Important documents
Strategy
The strategy of the Salutem fund is to carefully diversify investments into real estate projects:
Yieldful commercial real estate
We operate and rent commercial areas, especially in the field of light industry. Our investments are also diversified geographically, by type and composition of tenants.
Income-generating residential real estate
We own and rent dozens of housing units in Prague and other Czech cities. We focus on long-term leases providing yield stability.
Development activity
As part of the enhancement of the industrial areas we own, we also engage in development activities. These are mainly renovations and completion of industrial or storage halls.
Selected Investments
Vitareal Prostějov
A fully let industrial complex with warehouses, production and office space, it comprises a stable source of income for the fund. The composition of tenants is diversified across different industries.
Výrobní areál Luby u Chebu
Plně pronajatý výrobní areál v Lubech u Chebu s tradiční výrobou hudebních nástrojů Strunal Schönbach. Dlouhodobá nájemní smlouva a přímá angažovanost na vedení podniku jsou zárukou stabilní výnosnosti.
Residential Portfolio Salutem
Dozens of rented housing units and family houses in Prague and other cities in the Czech Republic. The housing portfolio strategy is focused primarily on long-term leases with yield stability.
How to invest in a Salutem fund
The first step to investing is to arrange a meeting with representatives of the fund. All your potential investors may be available to meet in person. You can arrange an introductory meeting via the contact form or by telephoning us.
In a personal meeting, we will present our vision and familiarise you with details about the investment strategy of the Salutem fund, successful projects, and explain all the necessary steps before you sign an investment agreement. Upon request, we can arrange to take you on a personal inspection of a selected investment project.
Once you are familiar with all the conditions for investing in the Salutem fund, there are no further steps required before proceeding to the subscription agreement.
Want to know more?
Careers
Would you like to work in the field of corporate and real estate investments? Do you have experience in real estate, banking or asset management? Do you like working on projects that have vision and social purpose? Does your profile fit one of the jobs below? Then don’t hesitate, send us your CV.
Salutem Ambassador
For the Salutem fund, we are looking for people with a background as a financial adviser or investment intermediary for the external position of Salutem Ambassador
Key responsibilities:
Acquisition of new investors
Representation of the fund at meetings with clients
We require:
Secondary school / university with a focus on economics
Knowledge of financial markets, investment instruments and financial products
Knowledge of financial and property planning
Experience in the financial / banking field min. 2 years
Valid certification for intermediation of investment products
We offer:
A very motivating package, depending on the volume of mediated investments
If you are interested, send us your CV and some information about your specific motivation to work for the Salutem group via the form, after clicking on the I am interested button.