"Focus cash fund" - Serbia to get first property value preservation open fund
Company for Investment Funds
Management "Focus invest" will open the first property value preservation open
investment fund in Serbia - "Focus cash fund".
Due to instability in the world’s
finance market and estimate of the future trends, "Focus invest" decided to
create new product that combines security and stable daily returns for the
investors.
Unlike the existing funds in local market, "Focus cash fund" is not
going to invest the funds in stocks, but in cash deposits with the local
business banks and the banks with the headquarters in EU, that is, OECD.
The funds will also be invested in low-risk securities issued by the National Bank of Serbia, Republic of Serbia and other eminents defined by the Law on securities market.
"Focus cash fund" will ensure safe returns and daily liquidity
to its investors, with the minimum risk and expenses.
Public invitation for
registration and payment of investment units will be announced on September 24th
and it will last until October 8th.
By the way, company "Focus Invest" is already running investment fund "Focus Premium".