Any individual above the age of 18 or operational legal entity based in the European Economic Area (EEA).
Eurivex is an EU investment firm, regulated by Cyprus Securities & Exchange Commission (CySEC) number 114/10. This means we have received our license since 2010 and have been operating continuously. Link to license on CySEC website: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37682/
All monies belonging to clients are held in “Eurivex Clients” bank accounts maintained with banks within the EEA, segregated from Eurivex money and in no instance used for the Company’s own account, in accordance with CySEC rules. After a successful trade and purchase of Financial Instruments (shares, bonds, notes, fund units), the money is transferred and invested in Cyprus government Treasury bills or bonds.
The proceeds of the bond issue are invested in Cyprus government Treasury bills or bonds of 13-weeks maturity.
The proceeds of the bond issue are invested in Cyprus government Treasury bills or bonds of 13-weeks maturity. If the Cyprus government defaults or goes bankrupt during this period, then your capital will be at risk.
As you are aware, recently Moody’s the credit rating agency increased the rating of Cyprus to Baa2 which means the underlying investment is now investment grade as the financial position of Cyprus improves.
The risk of default by Eurivex is mentioned and explained in the Key Investor Information Document (“KIID”) which you must read and confirm that you fully understand before making the decision to invest.
If Eurivex were to default, retail investors are covered up to €20,000 under the Cyprus Investor Compensation Fund rules, irrespective of your country of residence. More details can be found directly on the CySEC’s website at: https://www.cysec.gov.cy/en-GB/investor-protection/tae/directive/
If Eurivex is not in a position to pay the coupon or interest on the bonds that it issued, then this means the Issuer will be in default and investors can commence the procedures to take legal action against the Issuer to safeguard their interests. If Eurivex were to default, retail investors are covered up to €20,000 under the Cyprus Investor Compensation Fund rules, irrespective of your country of residence. More details can be found directly on the CySEC’s website at: https://www.cysec.gov.cy/en-GB/investor-protection/tae/directive/
This investment is not secured by a guarantor or collateral in the event that the Company becomes insolvent or the underlying asset defaults. Such damages are not covered by any compensation or guarantee system. If Eurivex were to default, retail investors are covered up to €20,000 under the Cyprus Investor Compensation Fund rules, irrespective of your country of residence. More details can be found directly on the CySEC’s website at: https://www.cysec.gov.cy/en-GB/investor-protection/tae/directive/
Eurivex does not offer investment advice and never intervenes in your investment decisions. You hold the sole responsibility of your investment decisions. Please read the Key Investor Information Document (KIID) of every deal before investing.
The decision of how much to invest and in which product is up to you.
Absolutely, we have made all efforts to make your investment journey with Eurivex as simple as possible. In order to invest, you need to be approved as a client of Eurivex, and then transfer funds from your bank account to Eurivex Clients Bank account. After this, you are ready to make your investments.
Make sure that the investment opportunity meets your expectations and is in line with your risk profile. The appropriateness of your experience and knowledge have not necessarily been correctly assessed before you were approved as a client. After you carefully read and understand the KIID, then you may proceed to invest.
Your risk profile is the degree of how much you can sustain losses if things don’t go as planned – the Issuer misses its promised targets, or if the Issuer is late to pay the coupon on the bonds, or fails to declare a dividend. You should consider the level of risk you are willing to sustain.
As in every investment, there is always a risk that you may lose all or some of your money, which means you must only invest amounts that you can afford to lose.
You should not invest more than 10% of your net wealth in such projects or invest with money that you cannot afford to lose.
The investment period starts from the date when you successfully purchase the Eurivex T-bill bonds and ends on the same day when the Cyprus government bonds mature. This means the interest calculation period will be broken if you decide to invest in between period when the official government bond auction begins.
The rate is calculated on the basis of 360 days and for the exact period when you purchased and the maturity of the bonds. For example, if the November 2023 auction started on 24 November 2023 and matures on 24 February 2024 , but you invested on 24 December 2023, then the interest calculation period is from 24.12.2023 until 24.2.2024 at the rate of 4% per annum.
You need to complete the account opening form, answer a short questionnaire and upload a copy of your valid passport (or Identity Card for Cypriots) and proof of address such as copy of your most recent utility bill (not later than 3 months old). Once your account and documents have been approved by Eurivex, you will receive your login details by email to be able to access your account.
Once your account application is approved, we will send you an email notification on how you may transfer money to Eurivex Clients Bank Account, which is segregated from Eurivex money. It will be held there until you decide to invest.
Yes, you may diversify and spread your risk by allocating a percentage of your funds available for investment to one or more Bonds.
An active investor is a person who has invested money through Eurivex, has made a deposit or withdrawn funds at least once during the previous three (3) calendar months. All those who have not taken any action during the previous three (3) calendar months are considered as inactive and will be charged an inactivity fee at the end of each quarter under review. Please see our Costs and Charges available on our website for the charges applicable to your account.
There is no account opening fee. No brokerage fees apply to trades made by retail investors (individuals). There are also no custody fees or exit fees. In fact there are no hidden fees or charges.
Eurivex Ltd is an EU Investment Firm authorized and regulated since 2010 by the Cyprus Securities and Exchange Commission (CySEC) under license number 114/10 for the provision of investment services. Eurivex is also licensed as an EU Crowdfunding Service Provider (license number CSP 2/24). The company’s headquarters are located in Nicosia, Cyprus. Eurivex provides crowdfunding, investment and ancillary services to residents of the European Economic Area (EEA) and several other jurisdictions.
Risk Warning: Investing carries risks, including loss of capital and illiquidity. Please read our risk warning before investing.
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