IRQ FUNDS a.s., Residential Rental sub-fund
The Residential Rental sub-fund focuses on premium rental housing. It works closely, for example, with the REALISM development group, which can boast the successful completion of structures that have won multiple Czech and international awards.
The REALISM Group provides projects with services in the fields of preparation, construction and asset management, always under the supervision and with the cooperation of the fund’s founders. For the IRQ Residential Rental fund, this partnership is a way to participate in the preparation of projects from the outset and to minimise risks and costs while enjoying returns and seeing investments appreciate at a rate well above average. The benefit to the partner developer is that this represents a more conservative and stable part of its business opportunities. This transparent vertical integration and the calculated limitation of the return on the developer’s part are the key to success.
- Target return
8 % p.a. - Fund focus
rental housing - Currency
CZK - Front-end load
0 % for Class A
0 % for Class B
0 - 2,5 % for Class C - Management fee
0 % for Class A
0 % for Class B
0 - 2 % for Class C - Back-end load
max 50 % of the redemption value if the investor has held the given Class A or B investment shares for a period of up to 1 year;
max 40 % of the redemption value if the investor has held the given Class A or B investment shares for a period of 1-2 years;
max 30 % of the redemption value if the investor has held the given Class A or B investment shares for a period of 2-3 years;
max 20 % of the redemption value if the investor has held the given Class A or B investment shares for a period of 3-5 years;
0 % of the redemption value if the investor has held the given Class A or B investment shares for a period of more than 5 years
max 20 % of the redemption value if the investor has held the Class C investment shares for a period of to 5 years - Investment horizon
5 years - Fund type
qualified investor fund - Minimum investment
CZK 100 million for Class A
CZK 25 million for Class B
CZK 1 million for Class C - Valution frequency
half-yearly - Carried interest
50 % of the capital appreciation above 5 % p.a. for Class A
60 % of the capital appreciation above 6 % p.a. for Class B
70 % of the capital appreciation above 7 % p.a. for Class C