Deposit "Podviynyi+" by OTP Group: deposit and mutual fund benefits for higher yield
Starting June 1, 2016 OTP Capital asset management company together with OTP Bank started sales of a promo deposit program Podviynyi+, which combines the features and benefits of classic bank deposits and investment funds. Based on its international experience, OTP Group launched similar hybrid product on Ukrainian market in 2012. The main advantage of this deposit product is combination of two features – reliability of bank deposits and high yield of investment funds.
This promo deposit is available in OTP Bank branches till June 30. Clients can receive 21% per annum return for 3 month deposit by placing the same sum into investment fund with one year duration term. As for the investment fund, OTP Capital asset management company expect to show returns that will exceed 12 month deposit rates using capital protection strategy based on conservative instruments with fixed income and low risk: government bonds and deposits in state-owned banks and banks with foreign capital.
According to the results of previous campaign, clients received 25% per annum return on deposit and more than 25% of annual return from the investment fund. The results were much higher than standard deposit rates, which were 20% per annum for 3 month period and 18% for 12 month period.
“Podviynyi+ is a product of current interest which give our clients an opportunity to earn more on deposit and to try investments in mutual fund. This way clients will receive high interest rates on investments for both 3 and 12 months”, - says Vitaliy Dyshlovy, Head of Sales and Marketing Department of “OTP Capital”.
To learn more about deposit program OTP Podviynyi+, other funds under "OTP Capital" management please contact one of OTP Bank branches, visit www.otpcapital.com.ua or call 044 492 34 69.
Asset management company OTP Capital 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 6 public mutual funds, 3 venture funds, reserves of insurance companies and 2 non-government pension funds. Total assets under management: UAH 265.7 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.
