Bucharest Stock Exchange (BVB) informs that on Tuesday, March 31, 2015 start trading the fund units of the closed-end fund BET-FI Index Invest, administrated by SAI Broker. BET-FI Index Invest fund units will be traded on the fund units designed market.
The closed-end fund BET-FI Index Invest was launched on May 2013, the depositary and custody services being offered by BRD – Groupe Societe Generale. The fund objective is to offer investors with a performance closely linked to the BET-FI Index, in similar risk conditions.
According to the latest statements certified by the depositary of the fund on February 27, 2015, net asset performance since the launch of the fund is 23.3%. Fund's total assets amounted to approx. RON 11.4mn at the end of February 2015, and there were issued a total of 23,155 units. The fund will distribute to investors at least 70% of the dividends it receives. Following the fund units beginning of trading, investors will be able to operate with these financial instruments, both through the regulated market administered by BVB, and in the subsequent regular tenders (according to the net asset value) in accordance with the fund documentation.
Additional information regarding the closed-end fund BET-FI Index Invest can be accessed on SAI Broker website, under the Closed-End Funds section.
More information about the fund units listed on the Bucharest Stock Exchange are available on BVB website, in the fund units section.
