Raiffeisen Asset Management distributes funds managed by Raiffeisen Capital Management GmbH, Austria. Raiffeisen Capital Management’s funds are established in accordance with the Austrian law for investment funds. Raiffeisen Capital Management GmbH manages assets worth more than EUR 39 billion and is a leader in the asset management in Europe.
Institutional investors can benefit from the diversity of funds by regions or asset classes, managed and distributed by Raiffeisen Asset Management.
Investment in Mutual funds is not bound by terms. The management company publishes the NAV (net asset value) per unit on a daily basis. NAV per unit is the value of one unit of the fund. The clients have constant access to their assets and the ability to realize the yield at the moment of the redemption.
The capital gains realized from the purchase/redemption of units of local and foreign mutual funds are not subject to tax according to the Bulgarian Law for physical persons and legal entities as well.