+420 234 717 565
Phone number
CORPORATE INFO
Mission
GOOD LIFE SICAV, a.s. aims to address the challenges our society is experiencing by investing responsibly, whilst assuring the best return on investment for our investors and our team. All solutions are aware and respectful of UN Sustainable Development Goals.
Legal form of the fund: joint stock company with variable share capital (SICAV)
Type of Fund: Fund for Qualified Investors
Underlying assets: participation into companies, real estate assets, securities
Issued securities: preferred investment shares, performance investment shares
Publicly traded: no
Minimum investment: 1.000.000, - CZK
Investment horizon: > 6 years
Entrance fee: 0-5 %
Exit fee: 10 % of subscribed shares within 36 months from subscription date, 5 % between 36 and 48 months, 0 % after 48 months
Taxation on the Fund's income: 5% of the fund's profit
Taxation for shareholders - natural persons: 15% for redemption up to 3 years, 0% for redemption after 3 years
Fund's Manager: AVANT investiční společnost, a.s.
Administrator of the Fund: AVANT investiční společnost, a.s.
Depositary of the Fund: CYRRUS, a.s.
Auditor of the Fund: Apogeo Audit, s.r.o.
More on the investment process
Initial assessment of the asset and due diligence
The set of investment opportunities will be regularly monitored and discussed at the level of the Investment Committee, which will decide by consensus which assets are attractive enough to be included in the due diligence phase. The Investment Committee shall also determine the scope and form and timing of the due diligence.
In particular, personnel, managerial, commercial, market, financial and legal circumstances will be assessed. In relevant situations, the quality of business insurance, environmental impact, safety, etc. will be assessed.
In this process, both internal resources (investment team, internal capacities) and professional external consultants will be used.
Preliminary decision, audit and final decision
In case of positive due diligence results, the investment team shall submit an investment proposal to the investment committee.
The proposal will include a detailed analysis of the opportunity, a proposal for the structure of the transaction and recommendations for an investment strategy.
The Investment Committee, together with the approval for implementation, will issue recommendations for the legal and financial audit, which will be performed by authorized external auditors.
Based on the result of the audit, which will include a complete draft of the transaction documentation, the Investment Committee will recommend the implementation, which will be subject to approval by the director of the investment company.
SALE / EXIT
The investment team will regularly monitor the results and business and financial plans of the portfolio companies and assess them in the context of the situation in the relevant markets in order to evaluate the best opportunities for the realization (sale) of the asset.
Recommendations for sale will be submitted by the investment team to the Investment Committee for assessment.
The realization of the sale will be subject to the approval of the director of the investment company.
Relevant legislation
GOOD LIFE SICAV a.s. is a fund of qualified investors according to Act No. 240/2013 Coll., on Investment Companies and Investment Funds, the shareholders of which may only become qualified investors as defined in Section 272 of this Act.
Key information document of the fund - KID
is available on https://www.avantfunds.cz/en/obligation/. The document may be obtained in a hard-copy form in the place of registered seat of the company AVANT investiční společnost, a.s., CITY TOWER, Hvězdova 1716/2b, 140 00 Praha 4 – Nusle.
Other important information
Other important information for investors is available on:
Good Life SICAV, a.s.
Ph. number: +420 234 717 565
E-mail: support@fundgoodlife.cz
Good Life SICAV a.s.
ID n° 093 08 741
File ref. N° B25481 at Municipal Court in Prague
Good Life SICAV a.s.
ID n° 093 08 741
File ref. N° B25481 at Municipal Court in Prague
Registered office: CITY TOWER, Hvězdova 1716/2b, 140 00 Praha 4 – Nusle
Headquarters: Jindřišská 901/5 110 00 Nové Město, Praha 1