|
Raiffeisen (Bulgaria) Money Market Fund starts public
offering of units in the middle of March 2006. It invests the collected assets
in money market instruments, i.e. Treasury Bills, mortgage and corporate bonds,
and deposits. This Fund is considered to be a very secure and conservative
investment with high liquidity and lowest levels of risk.
Characteristic of the typical investor
The shares of the Fund are suitable for investors who prefer
well diversified
portfolio investments in financial
instruments, and meanwhile
pursue relatively high revenues and growth of their savings at low to moderate levels of risk. Investing in units of the Fund is directed both to
individual and institutional investors who pursue liquid investment in
securities in order to be able to sell any or all of their shares more quickly
and receive their value, including the generated profitability.
Investment objectives of the mutual fund
The basic objective of Raiffeisen (Bulgaria) Money Market
Fund is to ensure the preservation of the actual value of its units and at the same time to achieve considerable increase in the value of its shareholders investments. The aim of the fund is to further
generate capital
gains and interest income, which are higher from the income generated by
alternative investments of private capital.
For the purpose of implementation of the basic investment
objectives the assets of the Mutual Fund shall be managed according to a
strategy, based on profound market analysis including:
• Effective management of the investment portfolio for generation of expected
profitability
• Conservativeness in structuring the investment portfolio – the portfolio of
the Mutual Fund will mainly consist of bonds and deposits
• Selection of the type of assets in which the Fund invests, according to the
expected profitability
• The Fund will invest its assets in securities with high degree of liquidity
which will permit their subsequent sale. This will help to achieve the most
correct valuation of the securities and an objective valuation of the net value
of assets in the Fund
• The portfolio of the Mutual Fund will be diversified
Investing in mutual funds involves certain risks. The value
of the shares and the
income from them may go down. Profit is not guaranteed and there is a risk for
investors may not recover the full amount of money. Investing in Mutual Fund
are not guaranteed by the Guarantee Fund, established by the State or any other
warranty. Future performance of the contract funds are not necessarily
associated with results from previous periods.
The presented
information should not be considered advice for investing in financial instruments,
including units of mutual funds, offered by Raiffeisen Asset Management
(Bulgaria). It is recommended for investors to first familiarize themselves
with the prospectuses of the funds and the rules for Mutual funds before taking
any investment decisions. The full prospectus and additional information for
the funds can be received in any of the offices of Raiffeisenbank (Bulgaria) as
well as on the website of RAM www.ram.bg.
|
