NOVIS funds

The fund provides a one hundred percent capital guarantee during the entire life of the insurance contract. Moreover, the NOVIS Guaranteed Growth Insurance Fund includes a positive monthly investment return, which will be published on NOVIS’ website on the 31st of December for the following calendar year.

Since the fund’s inception in 2014 up through 2018, the guaranteed and attributed investment return to Slovak clients was 0.3% per month (p.m.), representing 3.66% per year (p.a.). The annual investment return was positively influenced by compound interest, as the assessment was made on a monthly basis.

The currency of the fund is the Euro.

The Board of Directors of NOVIS Insurance Company, NOVIS Versicherungsgesellschaft, NOVIS Compagnia di Assicurazioni, NOVIS Poisťovňa a.s. approved a 2019 guaranteed investment rate of return of 0.3% p.m. for the NOVIS Guaranteed Growth Insurance Fund for clients from Slovakia, the Czech Republic, Germany, Austria, Italy and Iceland and a rate of 0.33% p.m. for clients from Poland and Hungary.

The investment rate of return for the guaranteed fund can be agreed at a different level for certain groups of clients. In such cases, the investment rate of return will be stated directly on the insurance contract or in the General Terms and Conditions for the insurance. Such an agreement is possible only if the clients fulfill the additional criteria defined in the insurance contract.

Investment return for 2018 is annualized.
In Percentage Monthly performance of the insurance fund (EUR)
2017 2018 2019
January 0.30 0.30 0.30
February 0.30 0.30 0.30
March 0.30 0.30 0.30
April 0.30 0.30 0.30
May 0.30 0.30 0.30
June 0.30 0.30 0.30
July 0.30 0.30 0.30
August 0.30 0.30 0.30
September 0.30 0.30 0.30
October 0.30 0.30 0.30
November 0.30 0.30 0.30
December 0.30 0.30 0.30
In Percentage Monthly performance of the insurance fund (EUR)
2017 2018 2019*
Yearly 3.66 3.66 3.66
*Annualized
 

We invest the resources of this fund into stock ETFs (Exchange Trade Funds), which are particular types of funds traded on stock markets whose investment objective is to replicate a benchmark stock index.

Underlying assets of NOVIS ETF Shares Insurance Fund
Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Weighted Fund Yield (EUR)
iShare MSCI EM - ACC (EUR) IE00B4L5YC18 6.63 % 0.62 % 0.62 % 0.04 %
iShare MSCI EM - ACC (USD) IE00B4L5YC18 0.38 % -1.22 % 0.81 % 0.00 %
iShare MSCI WORLD (USD) ETF US4642863926 92.99 % 2.01 % 4.11 % 3.82 %
Total 100.00 % 3.86 %
iShare MSCI EM - ACC (EUR)
ISIN: IE00B4L5YC18
Yield (Currency of underlying asset): 0.62 %
Yield (EUR): 0.62 %
Rate of Participation: 6.63 %
Weighted Fund Yield (EUR): 0.04 %
iShare MSCI EM - ACC (USD)
ISIN: IE00B4L5YC18
Yield (Currency of underlying asset): -1.22 %
Yield (EUR): 0.81 %
Rate of Participation: 0.38 %
Weighted Fund Yield (EUR): 0.00 %
iShare MSCI WORLD (USD) ETF
ISIN: US4642863926
Yield (Currency of underlying asset): 2.01 %
Yield (EUR): 4.11 %
Rate of Participation: 92.99 %
Weighted Fund Yield (EUR): 3.82 %
Total
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 3.86 %
Data as of 31. 07. 2019
Date range of graph: -
In Percentage Monthly performance of the insurance fund (EUR)
2018 2019
January 1.40 7.42
February -1.39 4.43
March -4.75 2.11
April 4.22 4.23
May 3.52 -4.31
June -1.39 2.42
July 2.55 3.86
August 1.90 -
September 1.08 -
October -7.86 -
November 3.72 -
December -8.71 -
Yearly
performance
2018 2019*
-5.71 20.16
*Year to date
Performance for the last three years
(2016 - 2018)
EUR
21.57 %
Performance from the beginning
(01.01.2014-01.12.2018)
EUR
46.59 %
 

We invest the resources of this fund into gold ETFs (Exchange Traded Funds) copying the changes in the price of gold although we do not invest in physical gold or other precious metals.

Underlying assets of NOVIS Gold Insurance Fund
Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Weighted Fund Yield (EUR)
SPDR Gold Trust USD US78463V1070 100.00 % 1.61 % 3.70 % 3.70 %
Total 100.00 % 3.70 %
SPDR Gold Trust USD
ISIN: US78463V1070
Yield (Currency of underlying asset): 1.61 %
Yield (EUR): 3.70 %
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 3.70 %
Total
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 3.70 %
Data as of 31. 07. 2019
Date range of graph: -
In Percentage Monthly performance of the insurance fund (EUR)
2018 2019
January -0.63 2.66
February 0.65 0.63
March -0.39 -0.66
April 1.82 -0.73
May 1.50 1.32
June -3.84 6.97
July -2.82 3.70
August -1.02 -
September -0.76 -
October 6.17 -
November -0.85 -
December 3.77 -
Yearly
performance
2018 2019*
3.6 13.88
*Year to date
Performance for the last three years
(2016 - 2018)
EUR
13.80 %
Performance from the beginning
(01.01.2014-01.12.2018)
EUR
20.22 %
 

NOVIS will in the future support promising companies from the means of this fund in the form of participating in their share capital or in the form of equity financing. At the moment, we invest in ETFs (Exchange Traded Funds) replicating indices of listed private equity companies or in funds supporting investments in less developed parts of the world.

Underlying assets of NOVIS Entrepreneurial Insurance Fund
Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Weighted Fund Yield (EUR)
responsAbility Micro and SME Finance Fund II LU1050624516 18.79 % 0.18 % 0.18 % 0.03 %
iShares Euro High Yield Corporate Bond UCITS ETF (EUR) IE00B66F4759 0.50 % 0.36 % 0.36 % 0.00 %
iShares Listed Private Equity UCITS ETF USD IE00B1TXHL60 80.70 % 5.22 % 5.22 % 4.22 %
Total 100.00 % 4.25 %
responsAbility Micro and SME Finance Fund II
ISIN: LU1050624516
Yield (Currency of underlying asset): 0.18 %
Yield (EUR): 0.18 %
Rate of Participation: 18.79 %
Weighted Fund Yield (EUR): 0.03 %
iShares Euro High Yield Corporate Bond UCITS ETF (EUR)
ISIN: IE00B66F4759
Yield (Currency of underlying asset): 0.36 %
Yield (EUR): 0.36 %
Rate of Participation: 0.50 %
Weighted Fund Yield (EUR): 0.00 %
iShares Listed Private Equity UCITS ETF USD
ISIN: IE00B1TXHL60
Yield (Currency of underlying asset): 5.22 %
Yield (EUR): 5.22 %
Rate of Participation: 80.70 %
Weighted Fund Yield (EUR): 4.22 %
Total
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 4.25 %
Data as of 31. 07. 2019
Date range of graph: -
In Percentage Monthly performance of the insurance fund (EUR)
2018 2019
January 1.00 7.35
February -2.95 4.44
March -4.14 1.05
April 2.93 6.16
May 4.78 -2.66
June -0.10 1.73
July 4.03 4.25
August 0.63 -
September 1.33 -
October -8.01 -
November 1.80 -
December -9.00 -
Yearly
performance
2018 2019*
-7.7 22.32
*Year to date
Performance for the last three years
(2016 - 2018)
EUR
18.89 %
Performance from the beginning
(01.01.2014-01.12.2018)
EUR
31.81 %
 

We invest the resources of this fund 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 of NOVIS Mortgage Insurance Fund
Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Weighted Fund Yield (EUR)
Dlhopisy HB REAVIS 2020 SK4120010554 1.31 % 0.01 % 0.01 % 0.00 %
iShares Euro Covered Bond UCITS ETF IE00B3B8Q275 98.69 % 0.66 % 0.66 % 0.65 %
Total 100.00 % 0.65 %
Dlhopisy HB REAVIS 2020
ISIN: SK4120010554
Yield (Currency of underlying asset): 0.01 %
Yield (EUR): 0.01 %
Rate of Participation: 1.31 %
Weighted Fund Yield (EUR): 0.00 %
iShares Euro Covered Bond UCITS ETF
ISIN: IE00B3B8Q275
Yield (Currency of underlying asset): 0.66 %
Yield (EUR): 0.66 %
Rate of Participation: 98.69 %
Weighted Fund Yield (EUR): 0.65 %
Total
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 0.65 %
Data as of 31. 07. 2019
Date range of graph: -
In Percentage Monthly performance of the insurance fund (EUR)
2018 2019
January -0.94 0.20
February 0.25 0.47
March 0.71 1.03
April -0.33 -0.02
May 0.11 0.58
June 0.35 0.70
July -0.23 0.65
August 0.28 -
September -0.60 -
October 0.22 -
November 0.07 -
December 0.17 -
Yearly
performance
2018 2019*
0.06 3.6
*Year to date
Performance for the last three years
(2016 - 2018)
EUR
1.18 %
Performance from the beginning
(01.01.2014-01.12.2018)
EUR
9.10 %
 

We invest the resources of this fund into one or several Family Office Funds. Family Office funds are alternative investment funds for qualified investors that may significantly invest in non-listed financial instruments and various assets. Family Office Funds have a long-term tendency to grow but may experience a fall (depreciation in value) during a short to a medium time period. In addition, it is possible to invest in investment tools which have their investment policy oriented toward long-term and stable value growth (for example the investment policies of private universities in the USA).

Underlying assets of NOVIS Family Office Insurance Fund
Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Weighted Fund Yield (EUR)
BP Family Office Brand LI0287824523 100.00 % 0.00 % 0.00 % 0.00 %
Total 100.00 % 0.00 %
BP Family Office Brand
ISIN: LI0287824523
Yield (Currency of underlying asset): 0.00 %
Yield (EUR): 0.00 %
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 0.00 %
Total
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 0.00 %
Data as of 31. 07. 2019
Date range of graph: -
In Percentage Monthly performance of the insurance fund (EUR)
2018 2019
January 0.45 0.38
February 0.22 0.00
March 0.08 0.37
April 0.31 0.79
May 0.38 0.78
June 0.38 0.44
July 0.56 0.00
August 0.50 -
September 0.46 -
October 0.00 -
November 0.44 -
December 0.41 -
Yearly
performance
2018 2019*
4.19 2.76
*Year to date
Performance for the last three years
(2016 - 2018)
EUR
11.95 %
Performance from the beginning
(01.10.2016-01.12.2018)
EUR
11.95 %
 

We invest the assets of this insurance fund mainly into shares of the investment fund called Wealth Fund introduced by Mahrberg Wealth AG. The Wealth Fund is a Luxembourg investment fund with several subs-funds. The goal of the investment policy of this insurance fund is to earn an investment return above the return that can be achieved by investing in an equity index.

Underlying assets of NOVIS World Brands Insurance Fund
Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Weighted Fund Yield (EUR)
H2Conservative Vermögensfreunde LU0939909940 25.00 % 1.73 % 1.73 % 0.43 %
Wealth Fund World Class Brands Vermögensfreunde Cap LU0939910286 50.00 % 2.93 % 2.93 % 1.47 %
H2Progressive Vermögensfreunde LU0939909783 25.00 % 3.70 % 3.70 % 0.92 %
Total 100.00 % 2.82 %
H2Conservative Vermögensfreunde
ISIN: LU0939909940
Yield (Currency of underlying asset): 1.73 %
Yield (EUR): 1.73 %
Rate of Participation: 25.00 %
Weighted Fund Yield (EUR): 0.43 %
Wealth Fund World Class Brands Vermögensfreunde Cap
ISIN: LU0939910286
Yield (Currency of underlying asset): 2.93 %
Yield (EUR): 2.93 %
Rate of Participation: 50.00 %
Weighted Fund Yield (EUR): 1.47 %
H2Progressive Vermögensfreunde
ISIN: LU0939909783
Yield (Currency of underlying asset): 3.70 %
Yield (EUR): 3.70 %
Rate of Participation: 25.00 %
Weighted Fund Yield (EUR): 0.92 %
Total
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 2.82 %
Data as of 31. 07. 2019
Date range of graph: -
In Percentage Monthly performance of the insurance fund (EUR)
2018 2019
January 2.33 2.95
February -1.34 0.89
March -5.49 1.25
April 3.24 3.40
May 3.51 -2.13
June -1.45 0.41
July 2.28 2.82
August 0.77 -
September -1.63 -
October -8.55 -
November -1.40 -
December -4.61 -
Yearly
performance
2018 2019*
-12.34 9.6
*Year to date
Performance for the last three years
(2016 - 2018)
EUR
7.62 %
Performance from the beginning
(01.10.2016-01.12.2018)
EUR
7.62 %
 

We invest the assets of this fund into alternative investment funds focused mainly on arbitrage trading and providing computing capacity.

Underlying assets of NOVIS Digital Assets Insurance Fund
Name of the underlying asset ISIN Rate of Participation Yield (Currency of underlying asset) Yield (EUR) Weighted Fund Yield (EUR)
ELJOVI Multi-Strategy Fund KYG3004A1004 44.18 % -0.18 % 1.87 % 0.83 %
FIRST TRUST CLOUD COMPUTING FUND US33734X1928 22.26 % 3.08 % 5.19 % 1.16 %
ETFMG PRIMR CYBER SECURITY E FUND US26924G2012 21.41 % 3.36 % 5.48 % 1.17 %
GLOBAL X FUTURE ANALYTCS TE FUND US37954Y6326 12.15 % 5.24 % 7.40 % 0.90 %
Total 100.00 % 4.06 %
ELJOVI Multi-Strategy Fund
ISIN: KYG3004A1004
Yield (Currency of underlying asset): -0.18 %
Yield (EUR): 1.87 %
Rate of Participation: 44.18 %
Weighted Fund Yield (EUR): 0.83 %
FIRST TRUST CLOUD COMPUTING FUND
ISIN: US33734X1928
Yield (Currency of underlying asset): 3.08 %
Yield (EUR): 5.19 %
Rate of Participation: 22.26 %
Weighted Fund Yield (EUR): 1.16 %
ETFMG PRIMR CYBER SECURITY E FUND
ISIN: US26924G2012
Yield (Currency of underlying asset): 3.36 %
Yield (EUR): 5.48 %
Rate of Participation: 21.41 %
Weighted Fund Yield (EUR): 1.17 %
GLOBAL X FUTURE ANALYTCS TE FUND
ISIN: US37954Y6326
Yield (Currency of underlying asset): 5.24 %
Yield (EUR): 7.40 %
Rate of Participation: 12.15 %
Weighted Fund Yield (EUR): 0.90 %
Total
Rate of Participation: 100.00 %
Weighted Fund Yield (EUR): 4.06 %
Data as of 31. 07. 2019
Date range of graph: -
In Percentage Monthly performance of the insurance fund (EUR)
2018 2019
January -1.08 3.18
February 5.68 3.32
March 4.45 1.27
April 8.05 3.53
May 8.08 -2.93
June 2.79 -1.02
July 0.33 4.06
August 1.15 -
September 1.42 -
October 2.98 -
November 0.45 -
December -0.35 -
Yearly
performance
2018 2019*
33.95 11.4
*Year to date
Performance for the last three years
(2016 - 2018)
EUR
99.97 %
Performance from the beginning
(01.05.2016-01.12.2018)
EUR
99.97 %
 

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