OTP Valutniy: 114% of annual yield after 1 year of activity
After the year since its public sales launch “OTP Valutniy” fund demonstrates impressive results - annual yield have reached 113.84% (as of 13.11.2014). This allows “OTP Valutniy” to be the absolute leader by yield since the beginning of 2014, outpacing both bank deposits and other mutual funds.
“OTP Valutniy” owes its excellent results to the investment strategy, which concentrates on investing clients’ money only in foreign currency fixed-income instruments – government bonds and bank deposits. Besides investment return from these instruments, clients’ assets increase to the size of the UAH devaluation, because foreign currency assets are evaluated based on the official National Bank of Ukraine exchange rate. Clients can withdraw their money on a quarterly basis without compromising profitability.
“Today “OTP Valutniy” – is one of very few opportunities to invest large amounts of UAH into the foreign currency instrument, especially at the NBU exchange. Fund allows its investors to profit from UAH devaluation and to receive higher yield in US dollars than on most of foreign currency bank deposits. Our offer of this instrument last year was extremely timely and we are glad that we have preserved and increased our investors’ capital” – says Grygoriy Ovcharenko, CEO of OTP Capital, which manages this fund.
OTP Bank Information Center: 0 800 300 050 (all calls from fixed phones within Ukraine are free), 044 490 0 500 (in Kyiv).
OTP Capital asset management company was established in July 2007 and became the second after OTP Bank representative of OTP Group 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 of the collective investments market. AMC OTP Capital manages 8 public mutual funds, 3 venture funds, reserves of insurance companies and non-government pension fund. Total assets under management: UAH 180.3 mln.
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.
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.