Deadline for payments in "Focus Cash Fund" extended until October 22
Deadline for registration and payment of
investment units of open investment fund "Focus Cash Fund" has been
extended until October 22.
- The investment aim of the cash fund is to protect the
funds from market oscillations and to provide safe growth of value with daily
liquidity of deposits, especially in the conditions of market illiquidity and
high price of capital, that is, basic interest rate, which amounts to 15.75% in
Serbia - the investment funds management company "Focus
Invest" announced.
"Focus Cash Fund" is the first open investment fund of the kind in Serbia. The payment for its investments units started on September 24 at the starting price of 1,000 RSD.