November 04, 2026
S1 VDNG: fund performance for October 2026
#S1 Pozniaky, S1 REIT
S1 REIT continues to pay regular dividends to investors in the S1 VDNG fund and is sharing the fund’s latest results for October 2026.
Over the month, the fund’s annual return grew in both hryvnia and US dollars, and the value of its assets increased.
Actual annual return
For the period from November 1, 2025 to October 31, 2026, the fund’s actual annual return (IRR) was:
- 25.1% in UAH;
- 15.3% in USD.
For comparison, in the previous reporting period these figures were 24.8% in UAH and 14.9% in USD.
Key fund figures as of October 31, 2026
- UAH 7.96 in dividends accrued per certificate;
- UAH 55,382,031.11 in actual fund asset value;
- 47,537 certificates actually in circulation.
The S1 VDNG fund’s assets consist of ready-made rental real estate: a fully operational, occupied income-generating residential building in Kyiv, developed under the Build-to-Rent concept.
The property generates regular rental income, which is used to pay dividends to investors. At the same time, growth in the property’s value offers additional return potential through the capitalization of the fund’s assets.
Although sales of S1 VDNG certificates have been completed, the fund continues to operate and generate income for its investors.
An alternative for new investments: the S1 DNK fund
For investors who want to enter the income-generating real estate market, S1 REIT offers the S1 DNK fund, launched in September 2026.
Its investment model combines two types of assets: the ready-made rental property S1 VDNG and the promising S1 Obolon project, which is currently under development.
This structure gives investors the opportunity to combine two components of potential income:
- Dividends from the rental operations of ready-made real estate.
- Capitalization through potential growth in the value of the fund’s assets.
In this way, S1 DNK lets you invest at the same time in an already operating rental asset and in real estate whose value may grow as the project is completed.
The numbers, simply explained
IRR is the annual internal rate of return on a notional investment. It takes into account how long the funds have been working in the fund and allows the annual efficiency of the investment to be assessed.
If an investor bought certificates at a different price or on a different date, the return on their investment will differ.
Disclaimer: the figures above are historical and do not guarantee similar results in the future. Changes in certificate value depend on market conditions and do not guarantee returns. Projected figures do not guarantee income.
