"Podviynyi Rezultat" deposit program: 15% annual yield for 3-month deposit with OTP Bank and investment in OTP Capital mutual fund
Asset management company OTP Capital together with OTP Bank are offering a deposit program "Podviynyi Rezultat", which combines classic bank deposit and mutual fund. This allows clients to receive an increased rate on deposit and additional income from investments in financial market instruments. The offer will be in effect until the end of May 2018.
For the first time such product of OTP Group in Ukraine was launched in 2012, following the successful experience of Hungarian colleagues. Since then, the offer of such a program twice a year has become a good tradition in Ukraine. This time "Podviynyi Rezultat" program gives an opportunity to get 15% of annual yield for 3-month deposit with OTP Bank subject to investment of an equal amount in the mutual fund managed by OTP Capital. The investment strategy of the fund is conservative – the funds shall be invested in Ukrainian G-bonds, which under current conditions are bringing more than 16% of annual yield. An additional advantage of investing in the fund is obtaining profit in form of dividends, which allows reducing taxation by half, down to 9%. The minimum amount of investment in both parts is UAH 200 000.
"During the last two years, with stabilization on financial market and lowering of deposit interest rates, we have been experiencing an increased interest to our mutual funds. "Podviynyi Rezultat" program has been created to attract customers to try investments in low-risk mutual funds, while receiving an additional income in form of an increased rate on the classic bank deposit. For many investors, this is a successful start of further cooperation with OTP Capital and mutual funds in general," said Vitaliy Dyshlovy, Head of Sales and Marketing Department of Asset Management Company “OTP Capital”.
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.