Advance Conservative Fund is an open-end mutual fund investing predominantly in low-risk and highly liquid assets – bank deposits, short-term debt securities, bonds and repo agreements (with minimum exposure to equities). The aim of the fund is to preserve and increase the value of the invested funds assuming low risk.
The strategy of Advance Conservative Fund is based on active management of a diversified investment portfolio comprising predominantly low-risk instruments with the purpose of achieving consistent, optimal preservation and increase through stable interest and dividend income at limited risk levels.
Advance Conservative Fund allows you to take advantage of local fixed income opportunities.
Investors can open an account and place orders for subscription and redemption of units of Advance Invest at the headquarters of Karoll Capital Management and its office network every business day between 10:00 and 17:00. The order should be submitted in person or through a proxy upon client identification. The money for the subscription are wired though a bank transfer to the fund’s account at the respective custody bank.
The redemption order is fulfilled within 10 days following its submission at the redemption price calculated on the nearest day following the day of submission. Investors in Advance Invest do not owe any capital gains taxes at the source.
Eurobank EFG Bulgaria | Beneficiary: Mutual Fund Advance Conservative Fund | BIC: BPBIBGSF
The subscription order is fulfilled within 7 days from the date of placement at the issue price calculated on the nearest day following its submission.
The net asset value (NAV), which serves as the basis for calculation of the issue (subscription) price and the redemption price of the fund’s units is calculated in accordance with the applicable Law and the Rules for calculation of net asset value of the fund every business day, and is published on the website of the asset management company www.karollcapital.bg, the web site of the Bulgarian Association of Asset Management Companies www.baud.bg , as well as in various media.