Six investment funds in Serbia prior to end of year 2007

By the end of year 2007, there will be six investment funds in Serbia - one balanced and five property value growth funds. Investment fund "Ilirika Southeast Europe" registers investment units at price of 1,000 RSD prior to Friday, December 21. According to the announcement, the Fund is intended for all investors, physical and juristic persons who want to diversify part of their property on the markets with high potential for growth in the region - Slovenia, Croatia and Macedonia. The Fund will be managed by Company for Investment Funds Management "Ilirika DZU" Belgrade.

"Ilirika" currently manages 10 investment funds in Slovenia, three funds in Croatia and two investment funds in MAcedonia. Also, founding of six new funds in the region is underway. Fund KD "Ekskluziv" registers investment units at price of 1,000 RSD prior to December 20. KD Group in Slovenia has 13 funds, 4 in Croatia, 2 in Slovakia and 3 in Romania and Bulgaria.

"Focus premium" was opened in September and current value ot its investment units is 1,078.84 RSD. Raiffeisen Akcije is in operation since August and current value of its investment units is 986.34 RSD. Company "ProActive" entered registry in May 2007 and the value of its investment units today is 1,036.50 RSD. "Delta plus" is so far the only balanced fund, it entered registry in March and current value of its investment units is 1,346.46 RSD.

Securities Commission has, so far, issued licenses to 10 companies for investments funds management.