Expat launches a new mutual fund

16.11.2009

Expat Bonds is the new mutual fund managed by Expat Asset Management. This is the third fund after Expat New Europe Stocks and Expat New Europe Properties launched in 2008.

Expat Bonds is a low-risk mutual fund, primarily intended for investments in government securities, mortgage, municipal and corporate bonds, and other liquid financial assets. The public offering starts on 19 November 2009 (Thursday). The nominal value and the issue price per share are BGN 1,000. The minimum investment amount is BGN 100. The fund's shares will be bought back by Expat Asset Management at the request of the investors. Redemption of shares shall be allowed after reaching the minimum required net asset value by BGN 500,000.