On October 25, 2015 “OTP Valutniy” mutual fund period of activity had expired. The fund offered its investors 235.3% of return (105.6% of annual return) since its inception, which is one of the best results among all financial instruments in Ukraine. The fund’s return in dollar equivalent reached 20.3% (9.1% of annual return). Therefore, the fund’s strategy aimed at investments in foreign currency government bonds and bank deposits in order to protect clients’ savings from devaluation and to obtain higher returns than on foreign currency bank deposits is fully justified.
"OTP Valutniy" has become one of the most successful of our funds. We are very pleased that our efforts and fund’s successful strategy allowed our clients not only to protect their savings from devaluation at the time of financial turbulence, but also to increase their capital significantly. Today we are launching the sales of a new fund "OTP Valutnyi" with the similar strategy. The majority of investors have already expressed their intentions to convert their capital from the old into the new fund,"- said Grygorii Ovcharenko, CEO of "OTP Capital".
"OTP Capital" has already registered the new interval fund "OTP Valutnyi" and started the sales of the product. The fund has similar strategy, which includes investments in foreign currency nominated instruments - government bonds, bank deposits and futures.
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 7 public mutual funds, 3 venture funds, reserves of insurance companies and non-government pension fund. Total assets under management: UAH 194.02 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.