ELANA Alternative Deposit has a Conservative profile based on a portfolio invested 100% in government bonds. The fund is suitable for investors seeking enhanced security and flexibility for their money.

More flexible than a standard deposit.
More secure than a standard investment fund.

cover

Why ELANA Alternative Deposit?

  • Security: ELANA Alternative Deposit is 100% invested in government bonds of the strongest world economies.
  • Liquidity: With no taxes to buy or sell shares, this fund is giving you the opportunity to get reach of your savings at any time, effortlessly and at no additional cost.
  • Accessibility: The fund has no minimum amount and you can add to and withdraw from your investment at any time.
  • Tax-free: No tax is paid on profits from the fund (for local persons only).

Recommended investment horizon: 6 months - 1 year

cover

Summary

ELANA Alternative Deposit is the product that comes closest to the security of a bank deposit and the liquidity of a current account—at the same time! 100% government bond portfolio

  • No entry or exit fees
  • Withdraw anytime you wish
  • No minimum amount required
  • No capital gains tax owed

The products and services offered by ELANA Fund Management are available only on the territory of Bulgaria. The English version of this website is solely for informational purpose.

Risk profile
Conservative

The higher the risk profile of a certain fund, the more advisable it is to invest over a longer period of time.

Parameters
Currency: EUR
Minimum amount: N/A
Fund inception date: 2025-07-01 10:00:00

 

Portfolio Manager

Ivaylo Penev CFA, MBA

CEO and Head of the Asset Management Team

Radostin Bakardzhiev, FRM, CFA

Portfolio manager at ELANA Fund Management

Tihomir Kaundzhiev

Portfolio manager at ELANA Fund Management

Results

0.11%

Monthly

0.00%

Year to date

n/a

For one year

n/a

For three years

n/a

For five years

0.37%

Since inception date

n/a

Standard deviation

  •  The reported returns are annualized (on an annual basis). The standard deviation is calculated on the basis of a weekly change in NAV per share over the period of one year. A higher standard deviation value indicates a higher risk.
  • Annualized returns show the equivalent annual profits, while taking in consideration the returns historical data over the specified period.
  • All reported returns are inclusive of fees associated with the management of this fund.

History of NAV per share

Model investment

Turn the percentages into numbers. This calculator will show you projected results for your model investment, based on the parameters you choose.

The amounts calculated are projected. Your actual returns will vary based on the way in which the market operates and the time horizon of your investment.

Total for selected period: Invested amount: 0.00BGN Yield: 0.00BGN Аccumulated amount: 0.00BGN

Prices and fees

Prices and fund status

for 2025-11-14 12:22:02.000

Issuing price per share

100.3671 €

Redemption price per share

100.3671 €

NAV per share

100.3671 €

Fund NAV

2 972 354.27 €

Number of shares issued

29 614.8193
Fees

for 2025-07-01 10:00:00

Issuing price per share

0%

Redemption price per share

0%

Management fee

0.1%*
Bank details

Depository bank

EUROBANK Bulgaria

IBAN in EUR (€)

BG72BPBI7942142 515101

IBAN in BGN (BGN)

BG90BPBI79421027515101

*Promotional period until the fund's net asset value (NAV) reaches BGN 9,900,000. After that, the management fee will be 0.5%.

You may get detailed information on prices for all funds on the following link: Prices per share

These prices are valid for orders placed before 16:00 o’clock on the previous working day. Buying and selling orders issued before 16:00 o’clock in a certain working day, are considered issued in the same day. Buying and selling orders issued after 16:00 o’clock in a certain working day, are considered issued in the next working day. Transferring the net worth of your investment in another fund managed by ELANA Fund Management is not a subject to any additional fees.

Documents (available only in Bulgarian)

Investor Information

  • Fund Rules of ELANA Alternative Deposit PDF 1.93 MB

  • Prospectus of ELANA Alternative Deposit PDF 454.90 KB

  • Key information document PDF 219.08 KB

Financial Statements

  • Portfolio structure of ELANA Alternative Deposit, Oct 2025 PDF 74.12 KB

  • Results scenarios, Oct. 2025 PDF 164.90 KB

  • Portfolio structure of ELANA Alternative Deposit, Sep 2025 PDF 107.90 KB

Contact us:

Ralitsa Grigorova

Ralitsa Grigorova

Financial Services Consultant