The assets of Expat Bulgaria SOFIX UCITS ETF reached EUR 1 million

25.10.2016

Less than a month after its launch on the BSE – Sofia, the assets of Expat Bulgaria SOFIX UCITS ETF (ticker BGX) reached EUR 1 million. The managing company of the fund – Expat Asset Management – aims to further multiply the assets of the ETF throughout the upcoming months by attracting both domestic and foreign institutional investors.

Expat Bulgaria SOFIX UCITS ETF is the first exchange traded fund in Bulgaria and it follows the performance of the main stock index on the BSE – SOFIX. The first day of trading of its shares was on September 27, and since then it has been considered as one of the most liquid position among the free-float companies on the BSE.

The market makers of the fund are the institutional brokers Benchmark Finance, First Financial Brokerage House and ELANA Trading.