KINTO - Investment company, Asset
Management
Óêðà¿íñüêà English Ðóññêèé Site Map   

Prospectus

    
contact phones
044 246-7350
044 246-7434
Investment Funds
Investment Funds
Pension Funds
Pension Funds
²nvestment banking services
²nvestment banking services
customer entrance:
E-mail:
Password:


 


 

Investment Funds

 Our Experience in Asset Management
 Index UX
 
Performance
Portfolio
Investment strategy
Prospectus
Factsheet
Oððîrtunities for investors
 
Individual investors
Institutional investors
Data export for technical analysis
 KINTO-Treasury
 
Performance
Prospectus
About KINTO-Treasury
Investment strategy
Client Access
 
Portfolio
 KINTO-Equity
 
Performance
Prospectus
Factsheet
Investment declaration
Become a client
Client Access
 
Portfolio
 KINTO-Classical
 
Performance
 
Information to SSMSC
Prospectus
Client Access
 
Portfolio
Become a Client
Investment Strategy
 KINTO-Narodny
 
Performance
 
Information to SSMSC
Prospectus
Investment Strategy
Become a Client
Client Access
 
Portfolio
 Synergy-7
 
Performance
Prospectus
Statute
Client Access
 
Portfolio
Manager's Comment
Investment strategy
 Synergy-5
 
Performance
Prospectus
Statute
Client Access
 
Manager's Comment
Portfolio
 Synergy-4
 
Performance
Prospectus
Client Access
 
Manager's Comment
Portfolio
Become a Client
Statute
 Synergy-2
 
Results
 Synergy-3
 
Results
 Synergy
 
Results
 Synergy Real Estate
 
Performance
Prospectus
Statute
Investment Strategy
Information on the Fund
Become a Client
Client Access
 
Portfolio
Benefits for investors
Investment Criteria
Our projects
 
Presentation for investors
 Synergy Club
 
Performance
Prospectus
Factsheet
Client Access
 
Manager's Comment
Portfolio
Investment strategy
 Dostatok
 Calculator
 Relevant Legislation
 Agents

Prospectus

  • Section À.Information on the Issuer

  • Section B.Characteristics of the Unit Investment Fund

  • Section C.Fund’s Regulations
  • Investment declaration

  • Section D.Information on the Issue of Fund’s Investment Certificates

  • Section E.Information on the Previous Issue of Fund’s Investment Certificates

  • Section F.Information on Depository Institution

  • Section G.Information on the property independent appraiser

  • Section H.List of Stock Exchanges and OTC Markets, Where Fund’s Investment Certificates Are Placed

  • Section I.Information on the Custodian

  • Section J.Information on the Auditor

  • Section K.Information on the securities traders who place and redeem Fund’s investment certificates.

  • Section L.Information on the securities traders servicing the Fund’s assets.



    PROSPECTUS
    Investment Certificates Issue
    of the Open-End Diversified Unit Investment Fund “KINTO-Equity”
    of the Open Joint Stock Company “ʲNTO”
    (public offering)

    Section À. Information on the Issuer

    1. Full name: Open Joint Stock Company “KINTO”
    Short name – OJSC “ʲNÒΔ.

    2. Registration Code (ªÄÐÏÎÓ) – 16461855.

    3. Organizational and legal form - open joint stock company

    4. Location - 2 Lysenko St., Kyiv, Ukraine

    5. Tel: (044) 246-73-50

    6. Fax: (044) 235-58-75

    7. Date and the institution of the state registration: registered as a legal entity by the Pechersk District State Administration in Kyiv on 23 March, 1992; Pechersk District State Administration in Kyiv on 21 April, 2008 changed the legal entity state registration Certificate.

    8. Information on the managers:

    Name

    Education

    Qualification

    Direct participation in the statutory fund (%)

    Indirect participation in the statutory fund (%)

    Oksanych Sergiy Mykhailovych

    Higher

    Economist

    28.7485

    1.3173

    Fedorenko Anatoliy Vasyliovych

    Higher

    Economist

    12.8866

    -

    Radzievska Nadiya Victorivna

    Higher

    Economist

    2.9167

    -

    Veremienko Sergiy Mykolaovytch

    Higher

    Economist

    0.2045

    -

    Peter Goldsheider
    (citizen of Austria)

    Higher

    Lawyer

    0.0001

    18.1818

    Lukasevych Vasyl Bogdanovych

    Higher

    Economist

    1.9816

    -

    Moskalenko Svitlana Mykolaivna

    Higher

    Economist

    0.0273

    -

    Shynkevych Yuri Petrovitch

    Higher

    Mechanical Engineer

    1.1448

    2.7279

    Novikov Olexandr Mykolaovitch

    Higher

    Economist

    1.2636

    -

    Vasylyieva Irina Michaylivna

    Higher

    Linguist

    1.0549

    -

    Shuran Oksana Nestirivna

    Higher

    Economist

    2,7279

    1,1448

    Kanevska Natalya Yuhumivna

    Higher

    Philologist

    1,6023


    9. Joint Stock Company “Ukrainian Innovation Bank” is the founder of the Open-end Open Joint Stock Company “ʲNÒΔ (“The Company”). The share of the “Ukrainian Innovation Bank” at the statutory capital of “KINTO” is 1,01%.

    10. Information on proprietors and the affiliated persons:

    Information on proprietors and KINTO President

    Group

    Full name of legal entity – proprietor (shareholder, participant) of declarant or full name individual entity – proprietor (shareholder, participant) and manager of declarant

    Registration Code (ªÄÐÏÎÓ) of

    legal entity – proprietor of declarant or identification code of individual entity

    Location of legal entity or passport information of individual entities which information is given in relation to

    A particle is in the chartered capital of KINTO, %

    À

    Proprietors of – individual entities *:

    83.99

    Oksanych Sergiy Mykhailovych

    2040704877

    Passport series ÑÎ ¹ 873577, Issued in Kiev on 11/12/01

    28.75

    Daniel Goldscheider

    d/i

    Passport series P, AUT, number #H 05195520, issued by Austrian embassy in Zurich on 08/05/01.

    Switzerland, Oberwil,

    Zeughausgasså 19. 6300 Zyg.

    18.18

    Fedorenko Anatoliy Vasyliovych

    1800907019

    Passport series ÑÎ ¹ 296999, issued in Kyiv on 24/12/99

    12.89

    B

    Proprietors are legal entities:

    16.01

    ATLAS GLOBAL VENTURES, INC

    20 Queen ST West Toronto Ontario Canada

    2.27

    Joint-stock commercial bank «Lisbank»

    d/i

    31 Artema St., Kyiv

    0.03

    Joint stock company “Postup”

    d/i

    1 Privokzalna Sqr., Mikolaiv

    0.01

    Closed joint stock company “Finance and Credit”

    d/i

    27, Getmana St.,

    0.13

    JSC “Ukrinbank”

    05839888

    01601, 12a Instytutska St., Kyiv

    1.00

    Open joint stock company “Oksana Plus”

    21561056

    04074, 8 Rezervna St., Kyiv

    0.00

    Joint company “Fantom”

    d/i

    9 Frunze St., Lugansk

    0.02

    Joint company “Diamed”

    d/i

    117a Cheluskinciv St., Donetsk

    0.05

    "KINTO Invest, Ltd"

    32915716

    01034, 2/1 Lysenka/Yaroslaviv Val St, Kyiv

    12.50

    “Satelit-3” Invest Ltd

    21626465

    04074, 8 Rezervna St., Kyiv

    0.00

    C

    KINTO President:

    Oksanych Sergiy Mykhailovych

    2040704877

    Passport series ÑÎ ¹ 873577, Issued in Kiev on 11/12/01

    28.75

    Total

    100.00


    Information on the affiliated persons of founders of KINTO – individual entity *

    ¹

    Full name individual entity – founder of declarant and its direct relatives, group of the affiliated persons

    Identification code

    Character of legal entity in relation to which exists tie-up

    Registration Code (ªÄÐÏÎÓ) of

    legal entity in relation to which exists tie-up

    Full name of legal entity in relation to which exists tie-up

    Location of legal entity in relation to which exists tie-up

    A particle in the chartered capital of the affiliated person %

    Post is in the affiliated person

    1

    Oksanych Sergiy Mykhailovych

    2040704877

    o

    32915716

    "KINTO Invest, Ltd"

    01034, 2/1 Lysenka/Yaroslaviv Val St, Kyiv

    -

    General Director

    2

    Oksanych Sergiy Mykhailovych

    2040704877

    m

    16461855

    Open Joint Stock Company “KINTO”

    01034, 2/1 Lysenka/Yaroslaviv Val St, Kyiv

    28.75

    President

    * The direct relatives of founder KINTO do not relate control above any legal entities

    ** s – securities traders, r – independent registrars, m – asset management companies, d – depositorys, c – custodians, t – trading platforms, i – independent appraisers of property, à – auditors, o – other economic society (if the particle of person or groups of the persons related to it in him exceeds 20%)

    Information on legal entities in which proprietors of KINTO – legal entities are take part *

    * Proprietors of KINTO – legal entities do not take participating in other legal entities-residents of Ukraine

    Information on the legal entities in which AMC owners – legal entities- participate

    ²íôîðìàö³ÿ ïðî þðèäè÷íèõ îñ³á, â ÿêèõ âëàñíèêè ÊÓÀ – þðèäè÷í³ îñîáè – áåðóòü ó÷àñòü*

    * Legal entities do not carry out control above KINTO.

    Information on persons which own more than 20% the statutory fund of legal entities - founders of KINTO *

    * Legal entities do not carry out control above KINTO.

    Information on legal entities, in what KINTO takes part

    ¹

    Registration Code (ªÄÐÏÎÓ) or identification code of the affiliated person

    Character of legal entity in relation to which exists tie-up*

    Registration Code (ªÄÐÏÎÓ)

    legal entity in relation to which exists tie-up

    Full name of legal entity in relation to which exists tie-up

    Address of legal entity in relation to which exists tie-up

    A particle is in the chartered capital, %

    1

    16461855

    o

    21465022

    “Profit”, Ltd

    2/1 Lysenka/Yaroslaviv Val St, Kyiv

    99.9944

    o

    32915716

    "KINTO Invest, Ltd"

    2/1 Lysenka/Yaroslaviv Val St, Kyiv

    80.26

    o

    21561062

    Joint-stock company “ÀÂÑ-3”

    18 Chigorina St., Kyiv

    27.00

    s

    35138108

    “Fundstore”, Ltd

    40 Phrunze St., Kyiv

    20.00

    * s – securities traders, r – independent registrars, m – asset management companies, d – depositorys, c – custodians, t – trading platforms, i – independent appraisers of property, à – auditors, o – other economic society (if the particle of person in him exceeds 5%)

    Information on the affiliated persons of KINTO President *

    ¹

    Name of KINTO President and his direct relatives

    Identification code

    Character of legal entity in relation to which exists tie-up **

    Registration Code (ªÄÐÏÎÓ) of

    legal entity in relation to which exists tie-up

    Full name of legal entity in relation to which exists tie-up

    Location of legal entity in relation to which exists tie-up

    A particle is in the chartered capital of the linked person %

    Post is in the affiliated person

    1

    Oksanych Sergiy Mykhailovych

    2040704877

    ³

    32915716

    "KINTO Invest, Ltd"

    01034, 2/1 Lysenka/Yaroslaviv Val St, Kyiv

    -

    General Director

    2

    Oksanych Sergiy Mykhailovych

    2040704877

    m

    16461855

    Open Joint Stock Company “KINTO”

    01034, 2/1 Lysenka/Yaroslaviv Val St, Kyiv

    -

    President

    * The direct relatives of KINTO President do not relate control above any legal entities.

    ** s – securities traders, r – independent registrars, m – asset management companies, d – depositorys, c – custodians, t – trading platforms, i – independent appraisers of property, à – auditors, o – other economic society (if the particle of person or groups of the persons related to it in him exceeds 20%)

    11. List of investment funds under Company’s management:

    - "Dostatok" Fund (Interval Diversified Unit Investment Fund), registration code (ªÄвѲ) – 221004, Certificate ¹4 dated 11.03.2003.;

    - "Classical" Fund (Open-end Diversified Unit Investment Fund), registration code (ªÄвѲ) – 211045, Certificate ¹45 dated 11.05.2004.;

    - "Narodny" Fund (Interval Diversified Unit Investment Fund), registration code (ªÄвѲ) - 221396, Certificate ¹396 dated 27.06.2006.;

    - “KINTO Capital" (OJSC, Closed-end Non-Diversified Corporate Investment Fund), registration code (ªÄвѲ) – 132073, Certificate ¹73 dated 05.08.2004.;

    - "KINTO Equity " Fund (Open-end Diversified Unit Investment Fund), registration code (ªÄвѲ) – 2111312, Certificate ¹1312 dated 12.03.2009.;

    - “Synergy Bond” Fund (OJSC, Closed-end Non-Diversified Corporate Investment Fund), registration code (ªÄвѲ) - 132100, Certificate ¹100 dated 22.12.2004.;

    - “Synergy Real Estate” Fund (OJSC, Closed-end Non-Diversified Corporate Investment Fund), registration code (ªÄвѲ) - 132194, Certificate ¹194 dated 29.07.2005.;

    - “Synergy-3” Fund (OJSC, Closed-end Non-Diversified Corporate Investment Fund), registration code (ªÄвѲ) - 132354, Certificate ¹354 dated 14.04.2006.;

    - “Synergy-4” Fund (OJSC, Closed-end Non-Diversified Corporate Investment Fund), registration code (ªÄвѲ) - 132636, Certificate ¹636 dated 03.05.2007.;

    - “Synergy-5” Fund (OJSC, Closed-end Non-Diversified Corporate Investment Fund), registration code (ªÄвѲ) - 132808, Certificate ¹808 dated 15.10.2007.;

    - “Synergy-7” Fund (OJSC, Closed-end Non-Diversified Corporate Investment Fund), registration code (ªÄвѲ) - 1321029, Certificate ¹1029 dated 11.04.2008.

    Section B. Characteristics of the Unit Investment Fund

    1. Name – Open-End Diversified Unit Investment Fund “KINTO Equity” (“The Fund”).

    2. Registration code (ªÄвѲ) – 2111312.

    3. Date and the Number of the Certificate on receiving registration code (ªÄвѲ) – March 12, 2009, ¹1312.

    4. Achievement of the Fund’s activity standards – up to 12 September 2009.

    5. On the date of making a decision on approval of the Fund’ Prospectus the Supervisory Board has not been elected.

    Section C. Fund’s Regulations

    These Regulations for the Open-End Diversified Unit Investment Fund “KINTO Equity” of the Open Joint Stock Company “KINTO” (“Regulations”) are based on the following Ukrainian laws: “On Securities and Stock Exchange”, “On the National Depositary System and Electronic Transactions With Securities in Ukraine”, “On Collective Investment Institutions (unit and corporate investment funds)” and Rulings by the State Securities and Stock Market Commission (“Commission”). These Regulations aim to regulate creation and functioning of the Open-End Diversified Unit Investment Fund “KINTO Equity” of the Open Joint Stock Company “KINTO” (“the Fund”).

    1. Information on the unit investment Fund and Fund;s investment certificates.

    1.1. Name of the Fund:

    1.1.1. Full name of the Fund – Open-End Diversified Unit Investment Fund ” KINTO Equity”

    1.1.2. Short name: ODUIF “KINTO Equity”

    Full name and short name of the Fund are aquivallent

    1.2. Type of the Fund - Open-End.

    1.3. Kind of the Fund – Diversified.

    1.4. The Fund is considered as established from the date of its registration in the institutes of collective investment State register.

    1.5. Face Value – UAH 1 000 (one thousand)

    1.6. Form of issuance of the Fund’s investment certificates – Nominal Shares.

    1.7. Form of the Fund’s investment certificates – Non-documentary.

    2. Information on the asset management company:

    2.1. Full name – Open Joint Stock Company “KINTO” (“the Company”)

    2.2. Registration Code (ªÄÐÏÎÓ) – 16461855

    2.3. Location - 2/1 Lysenka/Yaroslaviv Val St, Kyiv, Ukraine

    2.4. Series, number and date of the License to engage in the professional activities on the stock - asset management activityAB No. 416672, expires 27.01.2011 .

    2.5. President – Oksanych Sergiy Mykhailovych

    2.6. Tel: (044) 246-73-50

    2.7. Fax: (044) 235-58-75

    2.8. E-mail: [email protected]³nto.com.

    3. Procedure for Establishing, Responsibilities, Activities and Composition of the Fund’s Supervisory Board

    3.1. The Fund’s Supervisory Board (“Supervisory Board”) is composed of 3 (three) members elected from the number of Fund’s investors (“Investors”). The Supervisory Board’s objective is to supervise the Fund’s investment declaration implementation, safekeeping of the Fund’s assets, registration of the nominal securities owners, Fund’s audit and Fund’s assets valuation.

    3.2. Any Fund’s investor could be elected as a member of the Supervisory Board in case he (she) owns not less than 1 000 (one thousand) investment certificates of the Fund.

    3.3. Among those, who meet the criteria mentioned in paragraph 3.2 of these Regulations, the priority-driven right to become members of the Supervisory Board have those Investors, who own the largest number of the Fund’s investment certificates.

    3.4. The Supervisory Board is elected annually.

    3.5. The Company on the date of January 20 decides on the Investors, who, according to the paragraph 3.2. of these Regulations have the right to enter the Fund’s Supervisory Board, and within 5 (five) working days from the mentioned date sends to these Investors by the recommended letter a proposal to become member of the Fund’s Supervisory Board.

    3.6. The answers on proposal to enter the Supervisory Board are accepted by the Company during 15 (fifteen) working days from the date despatched of this proposal, mentioned in paragraph 3.5. of these Regulations.

    3.7. The Company within five working days (starting from the expiry date of the accepting answers on proposals to enter the Supervisory Board) sends by the recommended letter to those, from whom answers were received:

    - Notification that the Investor has become a member of the Supervisory Board;

    or

    - Notification that according to the paragraph 3.1. and 3.3. of these Regulations the Investor has not become a member of the Supervisory Board.

    3.8. The Company sends invitations not later than 10 (ten) working days before the Board’s meeting to be held.

    3.9. An article on elections of the Fund Supervisory Board’s Head and a Secretary is required to be on the first Fund Supervisory Board meeting’s agenda. An article on elections of the Head of the Supervisory Board is required to be the first point on the Board meeting’s agenda.

    3.10. All Supervisory Board’s members present at the meeting elect the Head of the Fund’s Supervisory Board though a majority. The Head of the Supervisory Board could be re-elected anytime.

    3.11. The Head of the Supervisory Board organizes Board’s work, calls meetings of the Supervisory Board, presides over Board’s meetings and keeps minutes. If the Head of the Supervisory Board could not participate at the Board’s meeting, another Supervisory Board’s member acts on behalf of the Head according to the decision taken by the members of the Board.

    3.12. Meeting of the Fund’s Supervisory Board could also be called on the request of a member of the Supervisory Board, an auditor (auditing company), Fund’s custodian or the Company itself. An initiator, who called the Fund Supervisory Board’s meeting, is required to inform members of the Board by a written letter specifying date, time, location and agenda of the Board’s meeting in not less than 10 (ten) working days.

    3.13. The Fund Supervisory Board is authorized to take decisions on the agenda issues only if two thirds of Board’s members are present at the meeting.

    3.14. Fund Supervisory Board’s terms of reference include:

    - Elections of the Head and Secretary of the Supervisory Board;

    - Ratification of amendments suggested by the authorized Company’s body to the Fund’s Regulations.

    - Ratification of amendments to the Fund’s investment certificates issue prospectus;

    - Approval of decision on discontinuing agreements with the custodian, registrar and auditor (auditing company);

    3.15. Each Fund Supervisory Board’s member has one vote during the Board’s meeting.

    3.16. Majority present at the meeting makes Fund Supervisory Board’s decisions. The vote of the Head of the Fund’s Supervisory Board or his representative is conclusive.

    3.17. Minutes of the Fund Supervisory Board’s meeting should be finalized in no more than 5 (five) working days after the meeting was held. Minutes should include the following information about the meeting:

    - Location and date;

    - List of attendees;

    - Agenda;

    - Issues to be voted on, vote results and decisions taken. The Head and a Secretary of the Board sign the Fund Supervisory Board’s Minutes.

    3.18. The Fund’s investor could participate at the Supervisory Board directly or act through a representative, authority of whom should be confirmed in accordance with the current legislative norms.

    3.19. If, as a result of alienation of the Supervisory Board’s member’s Fund’s investment certificates, the number of his/her investment certificates has become less than the number mentioned in the paragraph 3.2 of these Regulations, such a member of the Fund Supervisory Board loses his/her membership. At the same time, the number of Board’s members is less than required in the item 3.1 of these Regulations, so the Fund Supervisory Board’s meeting could not be held until the minimum required number of members of the Supervisory Board is reached. The Company’s Supervisory Board temporarily acts as the Fund’s Supervisory Board until the Fund’s Supervisory Board is formed.

    4. The Procedure of the Net Asset Value and Investment Certificates Placement (Redemption) Price Determination.

    4.1. The Fund's net asset value is determined according to the procedure stipulated by the "Regulations on determination of collective investment institutions net asset value" (unit and corporate investment funds) (“Regulations”). In case the changes are made to these Regulations or in case the regulative acts on changes in the procedure of net assets value determination are approved, the net value of the Fund's assets is determined according to the requirements of legislature in force and corresponding regulative documents.

    4.2. In calculating the Fund's net asset value, the market value of the Fund's securities traded at more than one organized market is valued by the lowest of the last quotations, determined at each market for previous year, taking into account the criteria set by the Regulations.

    4.3. Securities, the circulation of which has been terminated, are included in the Fund's net asset value calculation at the rate of 75% of their book value.

    4.4. In calculating the Fund's net asset ordinary value, equity is valued by the Company:

    4.4.1. At the price of the last market transaction, if it simultaneously complies with the following requirements:

    4.4.1.1 Total sum of the transaction was not less than UAH 5,000 (five thousand);

    4.4.1.2. The transaction was accomplished in no more than 30 (thirty) calendar days before the valuation was made;

    4.4.1.3. The total volume of market transactions for 30 (thirty) calendar days that precede the day of the transaction completion was not less than UAH 10,000 (ten thousand);

    4.4.2. At the last book value - in all other cases.

    4.5. When calculating the net asset value of the Fund’s assets, the valuation of fixed-income securities is made by the Company:

    4.5.1. At the price of the last market transaction, if it simultaneously meets the following requirements:

    4.5.1.1. The transaction was completed at the day when the valuation was made;

    4.5.1.2. The transaction amount is not less than UAH 10,000 (the thousand);

    4.5.1.3. Total amount of market transactions during 30 (thirty) calendar days which precede the day of the transaction completion was not less than UAH 100,000 (a hundred thousand);

    4.5.2. In all other cases – by the formula:

    where:

    V- Calculated value of the security;
    Ñj- Payment (coupon, dividend, depreciation etc) in period j;
    N- Nominal or depreciated value of the security;
    dj- Number of days until the 1st, 2nd….k payment, from the date of calculation;
    dn- Number of days until the maturity (redemption) of the security;
    yM- Yield to maturity, calculated by the formula:

    where:

    P – last market transaction price (if this transaction meets the requirements stipulated in items 4.5.1.2. and 4.5.1.3. of the Regulation) or the price of purchase of the security (in case of absence of market transactions or if those do not meet the mentioned requirements );

    Ci – payment (coupon, dividend, depreciation etc) in period i;

    di – number of days until the 1st, 2nd….n payment, from the date of calculation.

    4.6. In calculating the Fund's net asset value calculated value of the Stock marcet's instrumens by the formula:

    , where:

    V – calculated value of the security;

    P – price of purchase of the security;

    R – price of the maturity (redemption) of the security;

    di – number of days from the date of purchase of the security until the date of calculation;

    d – number of days from the date of purchase of the security until the maturity (redemption) of the security.

    4.7. The company calculates the net asset value of the Fund:

    - Before the Commission recognizes the Fund as such that meets the minimum asset requirements set up for unit investment funds by current legislature – at the end of the last working day of the calendar month and when the Company is requested by the Commission to submit the report on the Fund’s activities;

    - After the Commission recognizes the Fund as such that meets minimal capital requirements at the end of each working day.

    - Before the Commission recognizes the Fund as such that meets the requirement on the minimal capital requirements – at the end of the last working day of the calendar month and when the Company is requested by the Commission to submit the report on the ICI securities placement;

    After the Commission recognizes the Fund as such that meets the minimum assets requirements – at the end of each working day, preceding the day of taking applications on placement and redemption of the Fund’s securities, at the end of the last working day of the calendar month, quarter, year, in case the Company is changed and the fund is liquidated.

    4.8. Before the Commission recognizes the Fund as such that meets the minimum asset requirements, the placement of the Funds investment certificates is performed by the Company at their nominal value.

    4.9. After the Commission recognizes the Fund as such that meets the minimum asset requirements, the placement and redemption of the Funds investment certificates is performed by the Company at their calculated value.

    4.10. The calculated value of the investment certificate is determined as the ratio of the Fund’s total net asset value to the number of the Fund’s investment certificates outstanding on the date of calculation.

    4.11. The value of the Fund's investment certificates acquired by the investor (redeemed from the investor) is determined on the basis of the calculated value of the Fund's investment certificates on the day when the investor submits application (for acquiring or redeeming Fund' investment certificates).

    5. The Procedure of Determination of Company's Fee and Covering the Expenses Incurred by the Fund

    5.1. Company’s fee is determined depending on the net asset value of the Fund.

    5.2. The Company’s Fee is accrued and is paid out monthly by cash assets.

    5.3. Determination of the net asset value for calculation of the Company’s fee is made on the basis of information on average monthly net asset value of the Fund as of the end of the last working day of the corresponding month.

    5.4. Finalization of the Company’s annual fee is made on the basis of the average annual net asset value calculation taking into account average monthly net asset value estimates.

    5.5. Company’s fee may not exceed 5 (five) percent of annual average Fund's net asset value.

    5.6. Management Fee is3.0% of the Fund’s average Net Asset Value (NAV)

    5.7. Other fees and expenses paid from the Fund's assets:

    - Fee to the Fund's custodian;

    - Fee to the Fund's registrar;

    - Fee to the Fund's auditor;

    - Fee to securities traders;

    - Operating expenses incurred in connection to the functioning of the Fund, including:

    - Registration services (state duties and other similar services);

    - Payment for bank servicing;

    - Notary services;

    - Payment for publications of the required information on the Fund's activities;

    - Informational services (payment for acquiring information regarding the issuers in the securities of which the Fund has allocated or plans to allocate its assets; payment for other information required for collective investment);

    - Advertising services associated with circulation of the Fund's securities;

    - Expenses for servicing the Fund's participants and circulation of securities, including expenses on the interest payments for loans, received by the Company to purchase securities (taking into consideration limitations set up by the current Ukrainian legislature).

    5.8. Expenses specified in item 5.7 of the Regulations (except Company’s management fee, taxes and other obligatory payments, stipulated by the law) may not exceed 5 (five) percent of annual average Fund's net asset value during the fiscal year.

    5.9. In case the Company in its own account pays expenses related to the redemption of investment certificates when the Fund is incapable to do this. The associated with the redemption costs should be covered at the expense of the Fund’s assets later.

    5.10. The Company at its own account pays for other expenses and expenses exceeding the amount specified by legislation.

    6. Procedure and Terms of the Investment Certificates Redemption by the Company

    6.1. The requirement of the Fund’s investment certificates owner (“The Owner”) to sell Fund’s investment certificates is submitted in a form of the Application on the sale of the Fund’s investment certificates (“Application”).

    6.2. Application is submitted by the Owner directly to the Company or securities trader - an agent on the placement and redemption of the Fund investment certificates (“the Agent”) – list of which could be found at the Fund’s prospectus. The Agent acts on behalf, on account and in the interests of the Company.

    6.3. Application is irrevocable.

    6.4. Applications are accepted daily starting from the day when the Commission recognizes the Fund as such that meets the minimum assets requirements specified by the law for unit investment funds.

    6.5. The agreement on the redemption of investment certificates is concluded with the owner simultaneously with the acceptation of the Application.

    6.6. Settlement with the Owner is made during 7 (seven) working days from the day when the mentioned above agreement was concluded with the Owner on the Owner’s direct request.

    6.7 Settlements with Investor are made through the bank transfer on the Investor’s bank account or through the transfer from the Agent’s cash desk. In case the Investor during the term mentioned in p.6.6. of these Regulations does not contact the Company to receive the payment in the mentioned timeframe, payment will be deposited with the notary’s office (private notary) at the Investor’s expense by the time when the notary will transfer payment to the Investor.

    6.8. Redemption of Fund’s investment certificates is made at the same price for all investors. The price is determined for the day when the Owner submitted the Application compliant with the net asset value.

    6.9. The redemption price is decreased by the amount equalling agent’s commission specified in the Prospectus. If the settlement with the Investor is made through the Agent’s cash desk, Agent’s commission will increase by the amount of the bank’s fee for the cash withdrawal.

    7. Investment targets.
    Investment targets are determined in the Fund's Investment Declaration, which is a constituent part to the Regulations (See: Investment Declaration, Attachment 1 to the Regulations).

    Attachement 1
    to the Regulations
    of the Open-End Diversified
    Unit Investment Fund “KINTO Equity”
    of the Open Joint Stock Company “ʲNTO”


    INVESTMENT DECLARATION
    of the Open-End Diversified Unit Investment Fund
    “KINTO Equity”
    of the Open Joint Stock Company “ʲNTO”

    1. Full name of the fund - Open-End Diversified Unit Investment Fund “KINTO Equity”.

    2. The Fund was founded according to the decision of the general shareholders’ meeting of the Open Joint Stock Company “KINTO” (Minutes No.3 dated 9 April, 2008).

    3. The objective of the Fund's activity is raising funds from investors and increasing the value of capital through collective investment activities.

    4. The Fund’s assets comprise securities (Ukrainian and foreign, state securities guaranteed by the Cabinet of Ministers of Ukraine and municipal) and money market funds, including funds in foreign currency, bank metals.

    5. Assets are invested according to the following proportions:

    no less than 10% – monetary funds on separate bank deposits;

    no less than 50% – ordinary shares.

    6. The Fund assets may not include:

    - Securities issued by the Company, custodian, registrar, the Fund's audit company and their affiliated persons;

    - Securities of foreign countries and foreign legal entities allowed to be traded at less than two major foreign stock exchanges or trading-informational systems, the list of which is determined by the State Securities and Stock Market Commission;

    - Securities of other collective investment institutions;

    - Derivatives, unless stipulated otherwise by regulative acts of the State Securities and Stock Market Commission;

    - Real estate, alienation of which is prohibited by Ukrainian legislature.

    7. Structure of the Fund’s assets should correspond to all requirements stipulated by the current legislature on the structure of assets of the diversified unit investment fund.

    8. During the asset management process, the Company adheres to all requirements stipulated by the current legislature on the structure of assets of the diversified unit investment fund.

    Section D. Information on the Issue of Fund’s Investment Certificates

    1. Total value of the Fund’s investment certificate - UAH 250,000,000 (two hundred and fifty million).

    2. Number of the Fund’s investment certificates - 250,000 (two hundred fifty thousand).

    3. Nominal value of the Fund’s investment certificate - UAH 1000 (one thousand).

    4. Form of the Fund’s investment certificates – non-documentary.

    6. Beginning of placement – 14. 05.09.

    7. The planned selling rate of Fund’s investment certificates:

    – Before the Commission recognizes the Fund as such that meets the requirement on the minimal capital requirements - at their nominal value;

    – After the Commission recognizes the Fund as such that meets the minimum assets requirements (written notice) - at the price calculated on the Fund’s total net asset value per one security paper outstanding.

    – at the price, which is based on the Fund’s net asset value per, but not less than the securities nominal value.

    The calculated value of the investment certificate is determined as the ratio of the Fund’s total net asset value to the number of the Fund’s investment certificates outstanding on the date of calculation.

    The price of the Fund’s securities is increased only by the amount of the Agent’s commission;

    8. Calculated Fund’s net asset value is offered for public attention at the Company’s official web site www.kinto.com.

    9. The investor can buy investment certificates at the following address:

    - Kyiv, 2/1 Lysenka/Yaroslaviv Val St; The calculated value of the investment certificate is determined as the ratio of the Fund’s total net asset value to the number of the Fund’s investment certificates outstanding on the date of calculation.

    - Lviv, 42 Saharova St, îf. 317;

    - Lviv, 78 Saharova St;

    - Mukolaiv, 1a Dekabristov St;

    - Dnipropetrovs’k, 13 Luvarna St;

    - Zaporijie, 91 Gogoly St;

    - Donetsk, 48 Universitetskay St;

    - Cherkassy, 37 B. Vushnevetskogo;

    - Dnipropetrovs’k, 48 Komsomolska St.

    10. The procedure of shares placement and payment:

    10.1. Agent is responsible for the placement of the Fund’s investment certificates.

    The placement of the securities is made by Agents listed in Section K of the regulation

    10.2. A person who is willing to purchase Fund’s investment certificates (“Investor”) should submit an Application on the investment certificates purchase (“Application on purchase”) directly or through the representative, who acts on behalf of the Investor according to the appropriately formalized power of attorney, to the Agent and on the address mentioned above.

    10.3. Applications on purchase are accepted each working day from 1300pm to 1700pm. The

    10.4. Right after the Application for purchase is accepted, the Company signs an Agreement with the Investor on the Fund’s Investment Certificates Purchase. If the Investor is married at the time when the Agreement is concluded, the Investor’s spouse should give his (her) consent on signing the mentioned Agreement. Such a consent should be presented in the written form:

    - Simple written form (Investor’s spouse should be physically present during the Agreement singing process);

    - Notarized written form (presence of the Investor’s spouse is not required during the process of signing the Agreement). The requirements to the spouse’s written consent could be found at the Agreement on purchase.

    10.5. While purchasing Fund’s investment certificates, the Investor is joining the Fund while signing an Agreement on the investment certificates purchase on the following conditions:

    1) The Investor transfers payment for Fund’s investment certificates to the Company. Funds received from the Investor are allocated on the stock market on the company’s discretion according to the directions described at the Investment Declaration;

    2) The Investor gives his (her) consent to the Company to manage Fund’s assets by signing an Agreement on Purchase of Fund’s Investment Certificates. Fund’s assets are comprised of securities and cash, which form the pool of money created as a result of collective investment;

    3) The Company’s authority on owning and managing Fund’s assets are specified at the Agreement on purchase, Fund’s Regulations and current legislative norms;

    4) Sale of all Fund’s investment certificates owned by the Investor relieves the Investor from any legal responsibility to the Company;

    10.6. The payment for Fund’s investment certificates is made by the Investor by paying to the Agent’s cash-desk or by bank transfer

    10.7. The payment for Fund’s investment certificates is made by the Investor:

    - In case of the payment in cash: on the date of the corresponding Agreement conclusion;

    - In case of the non-cash payment: not later then during the next working day following the day of signing an Agreement.

    10.8. The Investor’s name is entered into the register of the Fund’s investment certificates owners during 7 calendar days from the day the payment for investment certificates was made.

    11. There is no restriction towards minimal amount of the Fund’s investment certificates that the Investor may purchase.

    12. The Agent's Commission increases the price of the Fund's securities placement (decreases the redemption price) by 1% (one percent).

    13. Rights of Fund’s investment certificates Owners:

    - Hand over Fund’s investment certificates for redemption;

    - Become a member of the Fund’s Supervisory Board according to the Fund’s Regulations.

    14. Notification on the Fund’s investment confiscates issue is done by publishing the registered Prospectus in the official printed edition of the State Securities and Stock market Commission within the terms stipulated by current legislature.

    15. The funds attracted from the Fund’s investment certificates may not be used to cover the Company’s losses.

    16. If the Commission declares the issue of the Fund’s investment certificates invalid, the Company takes the responsibility to return collected money to investors in the time frame that is specified by the law.

    Section E. Information on the Previous Issue of Fund’s Investment Certificates

    The placement of the investment certificates is done for the first time.

    Section F. Information on the Depository Institution

    - Name – «Interregional Stock Union»;

    - Code ªÄÐÏÎÓ – 24917996;

    - Location – 01032, Kiev, 7b Vetrova St;

    - Phone – (044)238-61-92;

    - Fax – (044)238-61-94;

    - ñåð³ÿ, íîìåð òà äàòà âèäà÷³ ˳öåí糿 íà äåïîçèòàðíó ä³ÿëüí³ñòü äåïîçèòàð³þ ö³ííèõ ïàïåð³â – À ¹189728 as of 07.11.06 ð.;

    - Term of the License – valid until 07.11.16.

    Section G. Information on the property independent appraiser

    The Investment Declaration does not stipulate investments in real estate.

    Section H. List of Stock Exchanges and OTC Markets, Where Fund’s Investment Certificates Are Placed

    Fund’s investment certificates are not placed on the stock exchange or over-the-counter market.

    Section I. Information on the Custodian

    - Name – “Ukrsotsbank”;

    - Code ªÄÐÏÎÓ – 00039019;

    - Location – 29, Kovpaka Str., Kyiv;

    - Phone – (044) 230-32-43;

    - Fax – (044) 230-32-57;

    - Series, number and date of issue of the License on securities issuance and circulation – AB ¹376969 as of 13.10.07;

    - Term of the License – valid until 13.10.12.

    Section J. Information on the Auditor

    - Name – Auditing Company “Ukraudit XXI”;

    - Code ªÄÐÏÎÓ – 22964908;

    - Location – 3 Nekrasivska Str, Kyiv;

    - Phone – (044) 235-78-58;

    - Fax – (044) 235-78-55;

    - Number and date of issuance of the registration certificate – 0701; dated 26.01.01;

    - Term of the Certificate – 15.12.10;

    - Number and date of issuance of the Certificate about including to the register the auditor to conduct verifications of public accountants of the financial institutions on professional stock market - ¹120, Certificate AB 000105 dated 22.02.07;

    - Term of the Certificate - 15.12.10.

    Section K. Information on the securities traders who place and redeem Fund’s investment certificates.

    - Name - "KINTO", Ltd".

    - Code ªÄÐÏÎÓ - 19263860.

    - Location - 2/1 Lysenka/Yaroslaviv Val Str., Kyiv.

    - Telephone - (044) 246-37-31.

    - Series, number and date of issue of the License on securities issuance and circulation - ÀÂ ¹189785 dated 20.11.06.

    - Term of the License - until 09.09.10.

    2. Name – «Basis»;

    Code ªÄÐÏÎÓ – 19358916;

    Location – 61002, 88 Sumska Str., Kharkiv;

    Phone / Fax – (057) 714-28-70/714-28-70;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity – underwriting – ÀÂ ¹ 376978 as of 16.10.07, Term of the License – valid until 16.10.2012;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity - brokerage – ÀÂ ¹ 376976 as of 16.10.07, Term of the License – valid until 16.10.2012.

    3. Name –«MAXIMUM-KAPITAL»;

    Code ªÄÐÏÎÓ – 35501976;

    Location – 79012, - Lviv, 42 Saharova Str;

    Phone / Fax – (032) 242-36-07;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: underwriting – ÀÂ ¹ 393875 as of 30.01.08, Term of the License – valid until 30.01.13;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹ 393873 as of 30.01.08, Term of the License – valid until 30.01.13.

    4. Name– «KREDOBANK»;

    Code ªÄÐÏÎÓ – 09807862;

    Location – 79026, Lviv, 78 Saharova Str;

    Phone / Fax – (032) 297-27-79/297-27-48;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: underwriting – ÀÂ ¹376651 as of 19.10.07, Term of the License– – valid until 20.10.12;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹376649 as of 19.10.07, Term of the License – valid until 20.10.12.

    5. Name – «Fundstore»;

    Code ªÄÐÏÎÓ – 35138108;

    Location – 04080, Kiev, 40 Phrunze Str;

    Phone / Fax – (044) 229-37-14;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: underwriting – ÀÂ ¹393935 as of 21.02.08, Term of the License– – valid until 20.09.12;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹393934 as of 21.02.08, Term of the License– – valid until 20.09.12.

    6. Name– «KVADRO»;

    Code ªÄÐÏÎÓ – 24997771;

    Location – 49000, Dnipropetrovs’k, 13 Luvarna Str;;

    Phone / Fax – (056) 370-17-25/234-18-77;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: underwriting – ÀÂ ¹456890 as of 19.01.09, Term of the License – valid until 19.01.14;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹ 376679 as of 16.10.07, Term of the License– – valid until 16.10.12.

    7. Name– «Stock company Pilot»;

    Code ªÄÐÏÎÓ – 25479222;

    Location – 69002, Zaporijie, 91 Gogoly Str;

    Phone / Fax – (061) 220-80-90/214-99-35;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: underwriting – ÀÂ ¹440397 as of 17.11.08, Term of the License – valid until 16.10.12;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹440395 as of 17.11.08, Term of the License– – valid until 16.10.12.

    8. Name –«Donfinservice»;

    Code ªÄÐÏÎÓ – 32757972;

    Location – 83050, Donetsk, 48 Universitetskay Str;

    Phone / Fax – (062) 337-09-39/337-35-20;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: underwriting – ÀÂ ¹189920 as of 02.02.07, Term of the License – valid until 02.02.12;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹189918 as of 02.02.07, Term of the License – valid until 02.02.12.

    9. Name – «Finance company «Delta»;

    Code ªÄÐÏÎÓ – 35158559;

    Location – 18000, Cherkassy, 37 B. Vushnevetskogo Str;

    Phone / Fax – (0472) 33-09-41/33-09-42;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: underwriting – ÀÂ ¹ 397887 as of 16.04.08, Term of the License – äî 16.04.13;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹ 318468 as of 26.06.07, Term of the License – valid until 26.06.12.

    10. Name – «Evrobroker»;

    Code ªÄÐÏÎÓ – 32781036;

    Location – 49022, ì. Dnipropetrovs’k, 2 Molodogvardeyska St.

    Phone / Fax – (0562) 31-69-81;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: underwriting – ÀÂ ¹318020 as of 07.02.07, Term of the License – valid until 07.02.12;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹318019 as of 07.02.07, Term of the License – valid until 07.02.12.

    Section L. Information on the securities traders servicing the Fund’s assets.

    1. Name– «Ê²NÒÎ, Ltd»;

    Code ªÄÐÏÎÓ – 19263860;

    Location – 01034, Kyiv, 2/1 Lysenko/Yaroslaviv Val str.;

    Phone / Fax – (044) 246-37-31;

    Series, number and date of issue of the License on securities issuance and circulation – ÀÂ ¹189785 as of 20.11.06, Term of the License– valid until 09.09.10.

    2. Name –«Satelit-3»;

    Code ªÄÐÏÎÓ – 21626465;

    Location – 04074, Kyiv, 7b Vetrova Str.;

    Phone / Fax – (044) 246-74-34;

    Series, number and date of the License to engage in the professional activities on the stock – securities trading activity: brokerage– ÀÂ ¹376625 as of 16.10.07, Term of the License– valid until 16.10.12.

  •  
    Document:   Print    Send to a Friend  To the Top   

    © Kinto, Investment & Securities in Ukraine
    Disclaimer
    25-B Sagaydachnogo str, 3rd floor,
    Kyiv, Ukraine 04070
    Tel.: +380 (44) 462-5377, 462-5140

    © Developed by NewAgeLab, 2003.
    KINTO in Focus  
    Become a client  
    Services  
    Investment Funds  
    ETFs  
    Pension Fund  
    Securities Market  
    Contacts  
    Íîâîñòè RSS  
    RSS chanel  
    Our team  


            bigmir)net
TOP 100     Rambler's Top100