ELANA Real Estate Fund invests in attractive property targeting top locations around the world - London, New York, Frankfurt, to name a few. The fund offers a portfolio of hand-picked Real Estate Investment Trusts (REITs), alongside other types of real estate investment and management companies that are traded on the world’s financial markets in the form of financial instruments.

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Why ELANA Real Estate Fund?

  • Number one wealth preservation asset in the world has proven to be real estate.
  • A diverse portfolio of properties from various classes: residential complexes, commercial spaces, industrial and logistics areas, medical and R&D centers, office spaces, and more.
  • Attractive property worldwide without the need to invest huge sums.
  • Wide geographical diversification with strict professional selection: primarily in demographically strong countries with robust economies.
  • Real estate yields with extremely high liquidity (withdraw and deposit when you wish).
  • Investments in real estate without additional taxes, hidden fees, and maintenance costs: contractual funds are exempt from profit tax.

Recommended investment horizon:  Minimum of 5 years.

The products and services offered by ELANA Fund Management are available only on the territory of Bulgaria. The English version of this website is solely for informational purpose.

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Summary

ELANA Real Estate Fund is an equity fund aimed at global exposure and broad geographic diversification. The majority of the investments in the portfolio will be in companies that finance and manage real estate in demographically strong countries with robust economies. However, the strategy of the fund will also take advantage of scenarios where there is a favorable demographic situation but a temporarily weak economy, as such conditions can present opportunities.

Risk profile
Aggressive

The higher the risk profile of a certain fund, the more advisable it is to invest over a longer period of time.

Parameters
Currency: EUR
Minimum amount: N/A
Fund inception date: 2024-10-01 10:00:09

 

Portfolio Manager

Ivaylo Penev CFA, MBA

CEO and Head of the Asset Management Team

Radostin Bakardzhiev, FRM, CFA

Portfolio manager at ELANA Fund Management

Tihomir Kaundzhiev

Portfolio manager at ELANA Fund Management

Results

2.78%

Monthly

-3.04%

Beginning of year

n/a

For one year

n/a

For three years

n/a

For five years

-9.62%

Since inception date

n/a

Standard deviation

  • The reported returns are annualized (on an annual basis). The standard deviation is calculated on the basis of a weekly change in NAV per share over the period of one year. A higher standard deviation value indicates a higher risk.
  • Annualized returns show the equivalent annual profits, while taking in consideration the returns historical data over the specified period.
  • All reported returns are inclusive of fees associated with the management of this fund.

History of NAV per share

Model investment

Turn the percentages into numbers. This calculator will show you projected results for your model investment, based on the parameters you choose.

The amounts calculated are projected. Your actual returns will vary based on the way in which the market operates and the time horizon of your investment.

Total for selected period: Invested amount: 0.00BGN Yield: 0.00BGN Аccumulated amount: 0.00BGN

Prices and fees

Prices and fund status

for 2025-05-16 11:44:45.000

Issuing price per share

92.6391 €

Redemption price per share

90.3796 €

NAV per share

90.3796 €

Fund NAV

996 923.84 €

Number of shares issued

11 030.4041
Fees

for 2024-10-01 10:00:09

Issuing price per share

до 2.5%*

Redemption price per share

0%

Management fee

2%
Bank details

Depository bank

Eurobank Bulgaria

IBAN in EUR (€)

BG74 BPBI 7942 1426 7379 01

IBAN in BGN (BGN)

BG92 BPBI 7942 1026 7379 01

The quoted price for ELANA Real Estate Fund is for amounts up to 50 000 EUR; You may get detailed information on prices, depending in the threshold you fall in on the following link: Prices per share

* Issuing prices per share

  • 1.5 % - for investments of up to EUR 49 999.99
  • 1.0 % - for investments of EUR 50 000.00 up to EUR 149 999.99
  • 0.5 % - for investments of EUR 150 000.00 up to EUR 249 999.99
  • 0.0 % - for investments equal to or more than EUR 250 000.00

These prices are valid for orders placed before 16:00 o’clock on the previous working day. Buying and selling orders issued before 16:00 o’clock in a certain working day, are considered issued in the same day. Buying and selling orders issued after 16:00 o’clock in a certain working day, are considered issued in the next working day. Transferring the net worth of your investment in another fund managed by ELANA Fund Management is not a subject to any additional fees.

Documents (available only in Bulgarian)

Investor Information

  • Fund rules of ELANA Real Estate Fund PDF 502.02 KB

  • Key Information Document of ELANA Real Estate Fund PDF 219.15 KB

  • Prospectus of ELANA Real Estate Fund PDF 727.43 KB

Financial Statements

  • 2025-04-DFEREF-chl-72-al-4-N44.pdf PDF 68.33 KB

  • Portfolio structure of ELANA Real Estate Fund, Dec. 2024 PDF 101.55 KB

  • Performance scenarios of ELANA Real Estate Fund, Dec. 2024 PDF 164.49 KB