Brief: Invalda INVL Says Alternative Investment Fund For Retail Investors Raised EUR 5.5 Million

Invalda Invl AB

20/07/2022 07:33

July 20 (Reuters) - Invalda Invl AB  IVL1L.VL :
    * THE INVL ALTERNATIVE INVESTMENT FUND INTENDED FOR RETAIL
INVESTORS HELD A CLOSING AFTER RAISING EUR 5.5 MILLION FROM 572
INVESTORS
    * THE FUND WAS OPEN TO INVESTMENTS STARTING AT EUR 5,000 THE
TOTAL
TERM IS 10 YEARS WITH OPTION FOR ANOTHER 2 YEARS
    * THE FUND WILL SEEK TO INVEST IN A PORTFOLIO OF COLLECTIVE
INVESTMENT UNDERTAKINGS WITH A TARGET AVERAGE ANNUAL RATE OF
RETURN OF 8%

Source text:  ID:nGNE8B6BVh 
Further company coverage:  IVL1L.VL 

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