Investment Fund

Aequitas Capital Investment SICAV a.s. and the Aequitas Highland Hospitality sub-fund. We build mountain apartments, not castles in the air. Since 1 January 2026, the fund has been managed and administered by AVANT investiční společnost, a.s., which is supervised by the Czech National Bank.

The fund is a qualified investors fund; only a qualified investor under § 272 of Act No. 240/2013 Coll. may become its shareholder. The value of an investment in the fund may go down as well as up, and the return of the originally invested amount is not guaranteed.

171 CZK mn
Net Asset Value (NAV - value of the fund's assets) as of 31 Dec 2025
10,86 %
achieved yield of performance investment shares (VIA) for 2025
10 / 12 % p.a.*
estimated yield of PIA (priority) / VIA (performance investment shares) if the 5-year investment period is maintained
Past performance does not predict future returns. * The yield is subject to investment risk, so its actual amount cannot be guaranteed; the invested amount is not insured and its return is not guaranteed. This is an estimated future yield, which is not a guarantee of actual returns; forecasts are not a reliable indicator of future performance. The fund's performance in previous periods does not guarantee the same or higher performance in the future.
What the fund does

Investment focus

We acquire commercial properties in attractive locations in the Czech mountains that most often operated, or still operate, as accommodation facilities. Based on expert analysis, we either renovate these properties or demolish them and build new ones in their place.

We focus exclusively on building aparthotel residences; most of the apartments go to open sale. Our projects are not just concrete blocks - experienced architects design the buildings so they don't damage the character of their surroundings. The projects also include non-residential spaces: restaurants, wellness, and services.

Fund projects
Investment parameters
Minimum investmentCZK 1,000,000 or EUR 125,000
Investment horizon5 years (share redemption without an exit fee after 3 years)
Estimated yield*10% p.a. (PIA) · 12% p.a. (VIA)
Project acquisitionsmountain properties
Intended forqualified investors (§ 272 ZISIF)

* The yield is subject to investment risk; its actual amount cannot be guaranteed, the invested amount is not insured, and its return is not guaranteed. PIA = priority investment shares, VIA = performance investment shares.

Supervision and management
Fund regulatorCzech National Bank
Manager and administratorAVANT investiční společnost, a.s.
Depositary bankČeskoslovenská obchodní banka, a. s.
Fund auditorPKF APOGEO Audit, s.r.o.
Fund investment committee

The investment committee has the final say in investment management - market analysis, strategy development, risk management, portfolio monitoring, and client communication. Its members are JUDr. Jan Langmeier (chairman of the fund's supervisory board), Mgr. Filip Shrbený (supervisory board member), Ing. Jan Kollert (supervisory board member), and AVANT investiční společnost, a.s.

Who the fund investment is intended for
  • qualified investors
  • investors who want, besides a fixed interest yield, a share in the profits of the fund's projects
  • investors who prefer longer-term investments with a 5-year horizon (share redemption without an exit fee is already possible after 3 years)
  • investors looking for a licensed market entity that follows the appropriate mechanisms (depositary oversight, independent valuation, or mandatory audit)
What an investor in the SICAV fund gets
  • above-average expected share yield
  • a professional fund manager: AVANT investiční společnost, a.s.
  • the professional backing of the AEQUITAS group
Risk: The yield is subject to investment risk, the return of the invested amount is not guaranteed; this is an estimated future yield that is not a guarantee of actual returns. Forecasts are not a reliable indicator of future performance.
Important information and documents

Important information and documents

→ Document Archive (outdated documents)
Disclaimer

The website https://www.aequitasgroup.eu/...sticni-fond/ is a presentation of the fund of qualified investors Aequitas Capital Investment SICAV a.s. (hereinafter referred to as the „Fund“), managed by the investment company AVANT investiční společnost, a.s., IČO: 27590241, with its registered office at Hvězdova 1716/2b, 140 00 Praha 4, Czech Republic, registered in the Commercial Register maintained by the Municipal Court in Prague, Section B, Insert 11040 (hereinafter referred to as „AVANT IS“) and is for informational and promotional purposes only and is not an offer or invitation to invest, investment recommendation, investment advice or analysis of investment opportunities. AVANT IS is subject to the supervision of the Czech National Bank, Na Příkopě 28, 115 03 Prague 1, www.cnb.cz. The exercise of supervision by the Czech National Bank is not a guarantee of investment return or performance of the Fund. The exercise of supervision by the Czech National Bank cannot exclude the possibility of a breach of the legal obligations or the statutes of the AVANT IS Fund by the Depositary or any other person and does not guarantee that any damage caused by such breach will be compensated.

Further information on the Fund's investment strategy is set out in the Fund's Articles of Association. The Fund's Articles of Association in the Czech language are available on this website and can also be obtained on request in electronic or paper form from AVANT IS.

Interested in investing in the fund or need advice?

Leave us your contact and we'll get back to you. Intended for qualified investors.

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Contact - fund manager
AVANT investiční společnost, a.s.

Manager and administrator of Aequitas Capital Investment SICAV a.s.
Available Monday–Friday 9:00 AM–5:00 PM
+420 267 997 795 · info@avantfunds.cz