Borg AI Ultra UCITS ETF

Risk profile: High-risk

Minimum investment: None

Borg AI Ultra UCITS ETF is high-risk exchange traded fund and will be traded on the Bulgarian Stock Exchange. The investment objective of the Fund is to increase the value of investments by realising the maximum possible absolute income when taking on high risk and providing liquidity of the investments of the unit-holders.

The Fund manages volatility actively and, through an individual selection of the adjacent assets in its portfolio, makes investment decisions. The Fund does not have a separate benchmark and invests purposefully so as to achieve maximum absolute return. The Fund actively invests in securities on global markets, including, but not limited to the US, in shares of exchange traded funds, including leverage, options and other derivatives. In order to achieve its investment objectives, a strategy for active management of the portfolio of financial instruments and cash will be implemented. The fund will also use artificial intelligence in the investment process. A leading criterion in making an investment decision is the possibility of growth of the given asset, not the aspiration to structure a portfolio involving all countries in which the Fund focuses. 

In order to achieve its investment objectives, the Fund will invest mostly in liquid shares and derivatives accepted for trading on foreign regulated markets, seeking to achieve global diversification. Under normal market conditions, the Fund will invest up to 100% of its assets in shares and the purchase of options traded mainly in developed countries. Investments in debt securities and fixed-income instruments are carried out primarily for the purpose of maintaining liquidity and in times of market turmoil. In order to achieve its main investment objectives, the Fund may implement appropriate strategies to protect against market, monetary and other risks at the discretion of the Management Company. The Fund may apply risk management techniques, minimise costs and improve performance. These techniques include the use of repo transactions, derivatives transactions and money market transactions.

The Fund fully meets the requirements of Directive 2009/65/EC of the European Parliament and of the Council (UCITS-compliant Fund). Borg AI Ultra UCITS ETF does not distribute dividends. Profit is reinvested, increasing the net asset value for the benefit of investors.

Prospectus-qualified investors may purchase and sell their shares directly from and to the fund on a primary market on a daily basis. All investors can trade the shares of the fund on the exchange (secondary market).

Summary as of 04.08.2022
Net asset value per share EUR 9.7951
Net asset value EUR 97 951.07
Number of outstanding shares 10 000
Number of shares as of 04.08.2022
Number of shares already issued 10 000
New shares ordered for issuance in settlement 0
Shares ordered for redemption 0
Total number of shares 10 000
Orders on the primary market submitted by 3 p.m. on 04.08.2022
Orders for purchase of shares (number of shares) 0
Orders for redemption of shares (number of shares) 0

Documents

Managing company

Expat Asset Management Sofia, 96A G. S. Rakovski Str. Tel.: +359 2 980 1881 Fax: +359 2 980 7472 E-mail: office@expat.bg Web: www.expat.bg

Custodian

Eurobank Bulgaria Sofia, 260 Okolovrasten pat Blvd. Tel.: +359 2 816 6215 Fax: +359 2 988 8191 E-mail: custody@postbank.bg Web: www.postbank.bg

Market

Bulgarian Stock Exchange Sofia, 6 Tri ushi Str. Tel.: +359 2 937 0934 Fax: +359 2 937 0946 E-mail: bse@bse-sofia.bg Web: www.bse-sofia.bg

Marketmaker

Benchmark Finance Sofia, 19 Viskyar planina Str. Tel.: +359 2 625 481 Fax: +359 2 625 388 E-mail: office@benchmark.bg Web: www.benchmark.bg