Elana Money Market Fund Sees Return at 4% In the Six Months Since Launching

289
Elana Money Market Fund Sees Return at 4% In the Six Months Since Launching

Elana Money Market Fund has started reporting return achieved since May 2008, as six months have passed since the start of the public offering of its shares (31 October 2007).

Return since May 12 stands at 3.98% and 2.85% year to date, the company told Profit.bg. 

The net value of assets stand at 15.089 mln leva (7.71 mln euros) as at 10 May 2008.

The money market mutual fund type is a low-risk financial product, which presents a good alternative to banks deposits and checking accounts. Elana Money Market Fund is the second fund of this type on the Bulgarian market.

Elana Money Market Fund does not charge fees for issuing and redemptions, investors can withdraw their funds in two days' time without costs and their profit is not subject to taxation.

Earlier this year, Elana Money Market Fund received the Investment product of the year prize at the International Banks, Investments, Money.

Facebook Коментари

Добави коментар

Екипът на Profit.bg Ви благодари, че използвате кирилица за вашите коментари.
В случай, че коментарът Ви съдържа нецензурни квалификации и лични нападки или обиди на расова, сексуална, етническа или верска основа, той ще бъде изтрит от модератора на сайта.

Абонирайте се за електронния
информационен бюлетин на Profit.bg