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Home Personal Investments ELANA Money market Fund Description
DESCRIPTION YIELD PORTFOLIO
STRUCTURE
Bank accounts
 
Bank: Eurobank EFG Bulgaria AD
BIC: BPBIBGSF
Beneficiary: ELANA Money Market Fund
Sofia 1000,
4, Kuzman Shapkarev St.
IBAN (BGN):
BG 46 BPBI 7942 10 76254901
 
 
 

ELANA Money Market Fund

ELANA Money Market Fund is a mutual fund with low-risk profile designed to invest in short-term debt instruments, deposits and other money market tools. This fund structures a portfolio of monetary instruments with high liquidity aiming at delivering the best reasonable return for the investors in conditions of a very low risk.

Main features of ELANA Money Market Fund:

  • Low risk
  • High liquidity of investment
  • Ideal means for optimizing companies’ cash flow
  • Useful tool for effective corporate cash management


Terms of investing in ELANA Money Market Fund:

  • No purchase and redemption fees are paid
  • Investments can be drawn out in 3 working days after order proceeding
  • Partial shares in the fund are also issued when the investment amount does not fit a round number of shares
  • The accumulated income from the mutual fund is free of income tax for Bulgarian taxpayers

The structure of the portfolio of ELANA Money Market Fund observes the following restrictions set in the fund strategy and profile:

  TYPE OF INSTRUMENT (ASSETS ) SHARE IN THE TOTAL FUND ASSETS %
  I. Money market instruments  
1. Bank deposits up to 90%
2. REPO deals up to 90%
3. Other monetary instruments up to 10%
  II. Securities admitted to trading on a regulated market  
4. Debt securities up to 90%
4.1. Securities issued and guaranteed by Republic of Bulgaria or other EU Member State or by third country up to 90%
4.2. Corporate and mortgage bonds up to 30%
4.3. Municipality bonds and other securities issued by local bodies of Republic of Bulgaria, other EU Member State or by third country up to 30%
4.4. Other debt securities up to 10%
5. Shares of collective investment schemes up to 30%
5.1. Shares of collective investment schemes, which themselves invest in money market instruments admitted to trading on regulated market in Republic of Bulgaria or other EU Member State up to 10%
5.2. Shares of collective investment schemes, which themselves invest in money market instruments admitted to trading on regulated market in third country up to 10%
5.3. Other shares of collective investment schemes up to 10%
  III. Securities approved for public trading outside the regulated market up to 10%
  IV. Derivatives following the basic restrictions

Daily information about the prices of ELANA Money Market Fund shares is availbale:

  • On www.elana.net
  • In dailies Dnevnik and Pari
  • In the Bulgarian Stock Exchange bulletin
  • At the Financial Supervision Commission
  • Information is always available at any ELANA investment centre throughout the country

Bank account

Bank: Eurobank EFG Bulgaria AD
BIC: BPBIBGSF
Beneficiary: ELANA Money Market Fund
Sofia 1000, 4, Kuzman Shapkarev St.
IBAN (BGN): BG 46 BPBI 7942 10 76254901

Prospectus in Bulgarian language


We inform our present and potential investors that the price of the financial instruments may decrease. Profit is not guaranteed and there is a risk that investors may not be able to recuperate the full amount of the funds invested. These investments are not guaranteed by any entity including the Guarantee Fund, created by the Government of Bulgaria.

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