This Privacy Policy explains how the Alternative Investment Fund Management Company (hereinafter referred to as the Company) collects, uses, stores and protects your personal data when using our website, as well as your rights in relation to that data. With this Privacy Policy, we fulfill the obligations of the relevant laws, the Law on Personal Data Protection (“Official Gazette of the Republic of Serbia”, No. 87/2018) and the General Data Protection Regulation.

By using our website, you agree to the practices described in this Policy. If you do not agree to the terms, please do not use our website.

PERSONAL DATA CONTROLLER

Alternative Investment Fund Management Company Eurasian Real Estate Investment Management Ltd., Dečanska 12/7, Belgrade, MB 21806200, Director Ricky van Heumen, e-mail info@ereim.eu

TYPES OF DATA WE COLLECT

We may collect the following types of personal data: contact information (name, surname, email address, phone number, jmbg), transaction data, audio and video recordings, device data (IP address, device type, operating system, browser you use), behavioral data (pages visited on our site, time spent on pages, dates and times of access).

METHOD OF DATA COLLECTION

Data may be collected in the following ways:
Directly from you: When you fill out the contact form on our website, sign up for our newsletter, application form or get in touch with us.
Automatic: When you visit the site, we use cookies and other tracking technologies.
From third parties: The collection of data may come from third parties such as analytics providers (e.g. Google Analytics) or through integrations with social networks.

PURPOSE OF PROCESSING PERSONAL DATA

We use the collected data for the following purposes:

• To provide access to our website and to improve its functionality.
• Optimizing services, protecting customers and employees, monitoring fraud and IT security, answering your questions and providing you with the required information.
• compliance with legal and regulatory obligations,
• To improve our services through the analysis of user behavior.
• Conducting marketing campaigns

USE OF COOKIES

Our website uses cookies to improve the user experience. Cookies are small text files that are stored on your device and help us analyze views on the site and provide personalized content. Cookies make it possible to recognize the user of the website, which is intended to facilitate the use of the website.

You can control the use of cookies through the settings of your browser. Please note that disabling cookies may affect the functionality of the site.

SHARING DATA WITH THIRD PARTIES

We will not sell, rent or share your personal data with third parties, except in the following cases: when it is necessary to provide services (e.g. technical support, data analysis), when required by law or to comply with legal process, if necessary to protect our rights, property or safety of our users.

Any third party with whom we share your data is obliged to implement appropriate technical and organizational data protection measures. The recipients of the data are obliged to adhere to the strictly confidential treatment of the data and to process it only for the purpose of providing the contracted services.

YOUR RIGHTS IN RELATION TO PERSONAL DATA

In accordance with applicable data protection laws, you have the following rights:
Right of access: You have the right to request a copy of the personal data we hold about you.
Right to rectification: You can request the correction of inaccurate or incomplete data.
Right to erasure: You have the right to request the deletion of your data, except where this is necessary to comply with legal obligations.
Right to restriction of processing: you can request the restriction of the processing of your data in certain situations.
Right to data portability: you can request that your data be transferred to a third party of your choice.
Right to object: You have the right to object to the processing of your data for marketing purposes or on the basis of a legitimate interest.

SECURITY

We use appropriate technical, administrative, and physical measures to protect your information from unauthorized access, use, alteration, or disclosure. Although we do everything in our power to protect your information, no system can guarantee complete security, and by using our site, you assume a certain risk.

DATA RETENTION

Personal data is stored for as long as it is necessary to achieve the purpose of processing or in accordance with legal deadlines. After the end of the business relationship, the data is stored if there is a legal basis for this, such as the resolution of legal disputes or the fulfilment of legal obligations.

CHANGES TO THE PRIVACY POLICY

We reserve the right to update this Policy from time to time to reflect changes in our practices or relevant laws. We recommend that you check this page periodically to stay informed of changes.

Last update: 09.10.2024

AIFs (Alternative Investment Funds) for real estate are like collective piggy banks where people put their money together to invest in real estate projects, like buying apartment buildings, shopping centers, or office spaces. Instead of one person buying a property, many people invest in the fund, which is then managed by professionals. This way, investors can benefit from owning a piece of different properties without having to deal with the hassles of managing them directly. It’s a way for people to invest in real estate without buying a property themselves.

Q INVEST, managed by EREIM, primarily targets real estate opportunities in Serbia.

When selecting a fund to invest your capital, there are several factors you should consider. Here is a step-by-step guide to help you in the process:

Define your investment goals: Determine your financial objectives, such as long-term growth, income generation, or capital preservation. This will help you narrow down the types of funds that align with your goals.

Risk tolerance: Assess your risk tolerance, or how comfortable you are with potential fluctuations in the value of your investment. Higher-risk funds may offer greater returns but also carry higher volatility.

Investment horizon: Determine your investment timeline. If you have a longer time horizon, you may be able to tolerate more short-term fluctuations and consider funds with higher growth potential.

Asset allocation: Decide on the asset classes you want to invest in. Common asset classes include stocks, bonds, real estate, commodities, and cash. This decision will depend on your risk tolerance, goals, and market conditions.

Research and due diligence: Conduct thorough research on potential funds. Consider factors such as historical performance, expense ratios, fund managers’ experience, investment strategy, and the fund’s track record. Look for consistency in returns over time.

Diversification: Seek funds that offer diversification across different asset classes and geographic regions. Diversification can help mitigate risk by spreading your investments across multiple areas.

Fund costs: Evaluate the expenses associated with investing in the fund, such as expense ratios, management fees, and any sales loads. Lower-cost funds tend to outperform higher-cost ones over the long term.

Fund size: Consider the size of the fund. While larger funds may offer stability and liquidity, smaller funds may have greater growth potential. Strike a balance based on your preferences and the fund’s investment strategy.

Past performance: Examine the historical performance of the fund, but keep in mind that past performance does not guarantee future results. Look for consistency and how the fund performed during different market cycles.

Read the Prospectus: Carefully read the fund’s Prospectus, which provides detailed information about its investment objective, strategy, risks, fees, and other important factors. This document will help you make an informed decision.

Seek professional advice: If you’re uncertain or lack expertise, consider consulting with a financial advisor or investment professional. They can provide personalized guidance based on your specific circumstances.

An investment unit is like a slice of the investment pie. Imagine all the fund’s money as a big pie. The value of your slice (investment unit) depends on how big the whole pie is (the fund’s assets) and how many slices (units) there are

The value of the investment units is based on the net asset value (NAV) of the underlying investments, which is the total value of the assets in the fund divided by the number of units issued.

The total NAV of the fund might change and is determined annually by means of an appraisal of the assets.

By paying your share (or deposit) you buy an investment unit.

The value of the investment unit is an indicator of the success of the fund’s operations. The value of the investment unit is published regularly on the website of the management company EREIM.

The management company records the number and value of investment units for each investor on the individual account of the investor and periodically determines their value.

To become an investor in the Q INVEST fund, please follow these straightforward steps:

1. Fill in and send the Application Form: Which can be downloaded at the bottom of this page.
2. Receive Investment Memorandum: Take a moment to examine the Investment Memorandum of Q INVEST.
3. When you decide you want to invest: Contact us via phone/mail, or visit us in the office.
4. Receive and sign the Investment Agreement: and become a member of the fund.

We’re here to make your investment journey as smooth as possible.

Through dividends: A fund may receive regular dividends, rental-income, which will lead to the distribution of the fund’s investors income.

Through capital gains: When closing the fund, the fund sells assets, i.e., investment units, the difference between the purchase and sale value of the shares constitutes a capital gain, which can be distributed to investors as income.

It’s important to note that the amount of income generated by a fund may vary depending on various factors, such as the performance of the underlying assets and market conditions. Additionally, funds may have different objectives and investment strategies, which can impact the amount and type of income generated. It’s always a good idea to carefully review the fund’s prospectus and consult with a financial advisor before investing to understand the potential risks and returns of the investment.

Investment units are issued by investment funds, they represent a share in the basic assets of the fund.

Given that the Q INVEST fund is a closed alternative investment fund, the owner of the investment unit cannot withdraw from the fund before the fund is closed. In this regard, this type of investment represents a medium-term investment and the expected income from the sale of the investment unit is in 3 ~ 5 years.

However, it is possible to dispose of investment units in terms of exchange and transfer of ownership, so in case there is a potential buyer of your investment unit, you should contact EREIM.

The value of your investment units will depend on various factors, such as the performance of the underlying asset and market conditions.

It is important to understand the terms and conditions of your investment product before investing to avoid any surprises when you decide to sell.

Investment funds, like any other funds, are managed by professional investment managers or teams of managers who are responsible for making investment decisions on behalf of the fund’s participants.

Our managers are experienced professionals who use a variety of analytical tools and research methods to make investment decisions based on the fund’s investment objectives and strategies.

The investment manager is responsible for monitoring the fund’s performance and making adjustments to the portfolio as needed to ensure that the fund stays aligned with its investment objectives and strategies. And is also responsible for communicating with investors about the fund’s performance and providing regular reports on the fund’s holdings and performance.

The investment of fund assets is handled by EREIM, which is staffed to professionally manage funds and its assets.

Fund fact sheets and (semi-) annual reports, available on the website, provide detailed information about the fund’s performance. These documents usually include historical returns, expense ratios, holdings, risk measures, and other relevant data.

Review the fund’s historical performance over different time periods, such as one year, three years, five years, and since inception. Analyze how the fund has performed in various market conditions to understand its consistency and resilience.

Remember that past performance does not guarantee future results, and it’s important to consider other factors such as risk, fees, investment strategy, and the fund’s objectives when evaluating performance. It’s advisable to review multiple sources of information and consult with a financial advisor to make well-informed investment decisions.

When it comes to determining when an investment fund closes and when investors can expect to receive their money back, the answer varies depending on the specific fund. Some investment funds have a fixed duration with a predetermined end date, while others are open-ended which is not the case in funds managed by EREIM.

Our funds are having fixed duration, the fund’s closure date will typically be disclosed in the fund’s prospectus or offering documents. At the end of the fund’s term of duration, investors can generally expect to receive their money back, although this could vary depending on the fund’s specific terms and conditions.

The intended holding period of the assets is typically disclosed in the prospectus or offering documents of the fund. In the mean time it is not possible to redeem or repurchase your investment unit.

It’s important to keep in mind that investing in funds carries risks, and returns are not guaranteed. Before investing in any fund, it’s crucial to review the fund’s prospectus or offering documents carefully, understand the risks involved, and consult with a financial advisor to determine whether the investment aligns with your investment objectives and risk tolerance.

Investing in an Alternative Investment Fund (AIF) involves various risks, including performance risk due to the potential for poor investment decisions, manager skill risk related to the expertise of the fund manager, and market timing risk when trying to predict market movements. Operational risk can arise from inadequate infrastructure or cybersecurity vulnerabilities, while regulatory and compliance risk involves adhering to regulations and avoiding misconduct.

Real estate-focused AIFs face market risk, where property values may fluctuate, and liquidity risk, with limited access to invested capital. Interest rate risk is linked to changes in borrowing costs and property demand, while tenant and vacancy risk pertains to rental property fluctuations.

Operational issues, geographic concentration, regulatory changes, and legal disputes can contribute to operational and regulatory risk. Investing in foreign real estate assets can introduce currency exchange and political instability risks.

To mitigate these risks, investors should assess the fund manager’s track record, investment strategy, and risk management practices. They should also carefully review the fund’s prospectus for specific risks and consider seeking advice from a financial advisor based on their investment goals, risk tolerance, and portfolio diversification needs.

According to the AIF/AIFM-law a depositary agent is an independent third party in charge of controlling activities related to monitoring and verification of obligations of the fund and activities the management company is obliged to fulfill. Furthermore a depository agency monitors the in-and-out-flow of the investors’ money towards the fund and holds the fund’s assets (official ownership documents) in custody.

In our case your investment will be guarded by the NLB Komercijalna Bank as the Depository Agent.

The Security and Exchange Commission of Serbia, supervises the operations of registered fund management companies, the fund itself and the performance of the depository service according to the Law on Alternative Investment Funds.

In case the SEC finds illegalities or irregularities in acting by the provision of the law, the Commission can order the elimination of illegalities and irregularities within a certain period. Furthermore it has several supervisory measures at its disposal to, such as: issuing a public warning, appointment of members of the management board, issuance of orders prohibiting the issuance of shares in the fund for a period of up to three months, as well as other measures by the law governing the capital market.

Irrespective of the above measures, the Commission may always impose a fine on supervised entities, or may always impose a fine on a member of the management board.

Also concerning depositaries, specific oversight measures are available to the Commission, such as making recommendations to the depositary’s administration or withdrawing consent to the choice of the depositary.