Evli Fund Management Co. establishes a new real estate fund

Evli Fund Management Co., a Nordic fund management boutique and a wholly owned subsidiary of Evli Bank, has expanded its offering of alternative investment products by establishing Evli Rental Yield, a fund that focuses on stable return. The fund’s operations started on April 24, 2018.

The operations of the fund were started together with two anchor investors. The fund has already acquired its first real estate assets and has entered into letters of intent for future acquisitions.

The fund is open for new investments both from private individuals and institutional investors four times a year and for redemptions twice a year.

The fund seeks an annual return of 7 percent to 10 percent. The Fund will distribute at least 75 percent of its annual result to its unitholders.

“Real estate investments complement equity and fixed-income investments and should be part of every well-diversified investment portfolio,” said Tero Tuominen, director of Evli’s alt