The main objective of the fund is to increase the shareholders investment values through achieving the highest possible yield at the lowest possible risk, sticking to its policy of predominantly investing in debt securities, liquid shares with high price growth potential and fixed-yield instruments.
40% of the fund’s assets will be invested in stock, and 50% - in bonds and government securities, the company told Profit.bg. The remaining 10% will be free cash.
Besides in Bulgaria, Varchev Balanced Fund plans to invest also in Romania, Poland, USA, Germany and UK.
Varchev Management Company also manages Varchev High-Yield Fund, whose assets currently amount to 157,000 leva.