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Accolade newsletter

May 2018
CZ
EN

FACTSHEET
Accolade FUND SICAV plc
Sub Fund Accolade Industrial Fund
10/5/2018

A) Accolade Industrial Fund Share Price*
(Launched 30th September 2014)

Series Type - Lead Series
Valuation date A - CZK* A - CZK (% change) A2 - CZK** A2 - CZK (% change) B - EUR B - EUR*** (% change) B2 - EUR**** B2 - EUR (% change)
30/09/14 100.0000 0% 100.0000 0%
30/06/15 109.4853 9.49% 110.8510 10.85%
30/09/15 118.8266 8.53% 120.6083 8.80%
10/12/15 121.0714 1.89% 123.4895 2.39%
31/03/16 124.9518 3.21% 127.4795 3.23%
30/06/16 126.0361 0.87% 128.4676 0.78%
30/09/16 130.6078 3.63% 133.2782 3.74%
31/12/16 133.5304 2.24% 136.2890 2.26%
31/03/17 136.7345 2.40% 136.7345 0% 140.3277 2.69%
30/06/17 148.9815 8.96% 148.7991 8.82% 155.4168 10.75% 155.4168 0%
30/09/17 149.7127 0.49% 149.3498 0.37% 156.4490 0.66% 156.2610 0.54%
31/12/17 152.3594 1.77% 151.8049 1.64% 160.6307 2.67% 160.2418 2.55%
31/03/18 155.7133 2.20% 154.9589 1.42% 164.8214 2.60% 164.2233 2.48%

*(ISIN MT7000014932), **(ISIN MT7000018404), ***(ISIN MT7000014940), ****(ISIN MT7000018412)

Performance of NAV

Performance of shares since inception:

CZK Shares 55.71%
EUR Shares 64.82%

Performance of shares since 31/03/2017 until 31/03/2018:

CZK Shares 13.88%
EUR Shares 17.45%

B) Key Facts

Registration Date: 15/07/2014

Base Currency: CZK, EUR, USD

Status: SICAV - SIF, Malta domiciled

Shares: distribution

Dealing: at least 2 times a year, usually each quartal

Lock up: 5 years

Minimum Investment: 75,000 EUR or its equivalent

Referral Fee: up to 3% of subscribed amount

Management Fee: 1% of NAV p.a. for investment higher than 740,000 EUR (ISIN: MT7000014932 / MT7000014940) 1.6% of NAV p.a for investment lower than 740,000 EUR (ISIN: MT7000018404 / MT7000018412)

Performance Fee: 20% * (G – S), where G is the Gross Asset Value per Share and S is the High Water Mark. A high water mark principle is applied.

C) current projects

Location - Building Asset in Fund since Country Valuation GLA (sqm) Lease Term WAULT LTV
Týniště nad Orlicí - TA 2Q 2015 Czech Republic 7 760 000 € 9 783 10 years 3.82
Stříbro - SA1 3Q 2015 Czech Republic 13 290 000 € 17 015 10 years 6.05
Stříbro - SA2 3Q 2015 Czech Republic 4 640 000 € 5 711 5 years 2.45
Stříbro - SB 1Q 2016 Czech Republic 24 500 000 € 27 406 15+2 years 14.44
Cheb - ChA 2Q 2016 Czech Republic 12 240 000 € 16 271 5 years 3.27
Cheb - ChB 2Q 2016 Czech Republic 15 410 000 € 14 833 15 years 13.05
Hořovice - HA 3Q 2016 Czech Republic 5 780 000 € 10 093 5 75 years 3.80
Bydgoszcz - BA 4Q 2016 Poland 9 719 000 € 16 539 6 years 4.17
Bydgoszcz - BB 4Q 2016 Poland 7 096 000 € 10 517 3-6 years 3.12
Cheb - ChC 2Q 2017 Czech Republic 39 600 000 € 73 087 7 years 5.55
Lublin - LA 2Q 2017 Poland 10 342 000 € 15 862 5-10 years 3.65
Szczecin - SZA 2Q 2017 Poland 10 970 000 € 17 425 3-7 years 3.27
Szczecin - SZB 2Q 2017 Poland 7 439 000 € 11 169 5 years 2.92
Hořovice - HB 3Q 2017 Czech Republic 15 420 000 € 24 687 10 years 9.64
Lublin - LB 3Q 2017 Poland 10 070 000 € 15 496 3-6 years 3.59
Pavlov - PA 4Q 2017 Czech Republic 8 120 000 € 11 149 3-5 years 2.89
Szczecin - SZA2 4Q 2017 Poland 8 709 000 € 13 681 5 years 4.44
Szczecin - SZB2 4Q 2017 Poland 7 094 000 € 11 463 5 years 4.19
Bydgoszcz- BC 1Q 2018 Poland 13 979 000 € 23 053 5 years 4.10
Stříbro - SC 1Q 2018 Czech Republic 23 450 000 € 26 564 15 years 14.53
Cheb - ChD 1Q 2018 Czech Republic 21 770 000 € 31 910 7 years 6.72
Stříbro - SD* 2Q 2018 Czech Republic 12 140,000 € 16 755 8 years 7.34
Szcecin - SZC* 2Q 2018 Poland 19 450 000 € 31 909 5 years 5.29
Szcecin - SZD* 2Q 2018 Poland 11 380 000 € 20 890 5-8 years 5.95
Total 321 108 000 € 473 267 6.69 60.49%

* transaction in process

TOTAL LEASED-UP AREA 473 267 SQM

% share of industries in leased-up area

RENTAL ANNUAL INCOME OF 21.97 MIL. EUR

% share of tenants in rental annual income