The qualified investors’ fund 3M FUND MSI SICAV announces the launch of the 5th public subscription of class A investment shares.
The qualified investors’ fund 3M FUND MSI SICAV a.s. announces the launch of the 5th public subscription of class A investment shares. The fund, managed by CODYA investiční společnost, a.s., invites qualified investors to take part in this exclusive subscription, which offers an attractive investment opportunity.
3M FUND MSI SICAV a.s. is a qualified investors’ fund whose history dates back to 1 January 2022, when the company 3M FUND MSI a.s. was transformed. The fund finances development projects and income-generating properties delivered and managed by MS-INVEST a.s., a company with a tradition of more than 25 years on the Czech market. The fund’s portfolio includes properties and development projects in Prague, Brno and their surroundings, held through its subsidiaries and other entities in which it holds a stake.
Class A investment shares are intended for qualified investors with a minimum investment of EUR 125,000 or CZK 1,000,000. The subscription of these shares runs until 31 December 2024, with a maximum entry fee of 5% and no exit fee. The shares are valued once a year.
Class A is characterised by a guaranteed, secured return until the end of the lock-up period (until 31 December 2026), derived from the 1D PRIBOR rate plus a margin of 3.25%. In the event of large swings in the 1D PRIBOR rate, a range has been set for the return on class A shares, with a minimum of 7.7% and a maximum of 10.7% p.a. The return for 2023 was 10.25% p.a. The method of calculating the return after the end of the lock-up period is described in the fund’s statute.
The income-generating properties in the portfolio include the prestigious Palác Trnitá project, the Vídeňská office building in Brno and Karolina Plazza in Karlín, Prague. Current projects under construction with planned completion in 2025 include Výhledy Řeporyje, RD Satalice and Centrum Hostivice. Projects in preparation with a start in 2025 include the construction of the OC Kaskády Ivanovice shopping centre.
