Profitable devaluation protection – "OTP Valutnyi" generated 5.8% USD yield in 2017
"OTP Valutnyi" mutual fund under management of AMC "OTP Capital" earned for its investors 5.8% USD yield in 2017. The aim of the fund is to protect investors from hryvna devaluation and to earn yield higher in comparison with US dollar denominated bank deposits.
"OTP Valutnyi" fund attracts from investors assets in hryvna and invests them exclusively in USD denominated instruments – government bonds and deposits. These instruments have lower risk and are constantly revalued at current US dollar rate. Thus, in addition to USD yield, assets can be additionally increased due to devaluation. It is possible to invest in OTP Valutnyi on a daily basis, and to withdraw every quarter. There are no restrictions for the maximum term of investment.
"We launched USD denominated fund in 2013 for the first time. The fund helped to save earnings of our investors during the period of extreme hryvna devaluation in 2014-2015 when there was a US dollar deficit on the currency market. At that time, the yield of the fund exceeded 100% per annum in UAH and 9% per annum in USD. There is no such serious devaluation in Ukraine now, but "OTP Valutnyi" is still the best tool for protecting money from possible devaluation and obtaining USD denominated income. Additional confirmation for this is leading position of the fund among other “OTP Capital” funds in terms of investment inflow and total assets growth during last year", - said Vitaliy Dyshlovy, Head of Sales and Marketing Department of AMC “OTP Capital”.
To learn more or to invest in "OTP Valutnyi” or other funds under management of “OTP Capital” please contact one of OTP Bank branches.
Note: the profitability of investments made on financial market can increase or decrease. Fund performance results in the past do not guarantee the same performance results in the future. The state does not guarantee the profitability of investments in mutual funds. AMC OTP Capital LLC does not guarantee returns of investment instruments mentioned in this material.
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AMC OTP Capital LLC was established in July 2007 by the Ukrainian OTP Bank (9.9%) and the Hungarian Asset Management Company OTP Fund Management (90.1%), and became the second OTP Group representative after OTP Bank in Ukraine.
The company provides a wide range of high quality investment services to both corporate clients and individuals, and is one of the leaders in the mutual investment market. AMC OTP Capital manages seven public investment funds, eight venture funds, assets of insurance companies, as well as four non-governmental pension funds, including the largest non-governmental pension fund in Ukraine – Open Pension Fund “OTP Pension”, the FreeFlight Monetary Fund and the Magistral Pension Fund for railway and transport construction staff. There is UAH 4.1 billion of its assets under management.
Public joint stock company OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The Bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard. Its absolute owner is the largest Hungarian Bank OTP Bank Plc.