Net Assets Controlled By KD Investments Funds Grew By 1 Mln Leva

Only a week after the launching of a special “no fees” offer, net assets of funds of KD Investments added more than 1 mln leva. At the end of last week assets stood at 16.2 mln leva (8.282 mln euros), up from 15.1 mln leva (.7.720 mln euros) at the and of September.

The increase is attributed primarily to the success of the special offer, which was aimed precisely at attracting individual investors.

Currently assets of KD Pelican amount to 8.2 mln leva (4.192 mln euros), of KD Shares Bulgaria to 6.6 mln leva (3.374 mln euros), and of KD Bonds Bulgaria at 1.3 mln leva (664,679 euros).

As part of the new special offer launched at the beginning of the month, investors buying stakes by September 30, will not be charged the usual entry fee.

At the moment KD Shares Bulgaria charges an entry fee in the amount of 2% of invested capital, and KD Bonds Bulgaria charge 0.35% for sums of less than 100,000 leva.

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