"OTP Podviynyi" mutual fund managed by "OTP Capital" have successfully performed back payments to all its investors, earning them 27.09% per annum, outperformed the target yield (23%) and the annual deposit rate in "OTP Bank" (18%). Thus, the second part of deposit program "OTP Podviynyi" ended, which initial offering took place in September-October 2014.
Client’s money in "OTP Podviynyi" deposit program were divided in two parts: the first half went to a 3-month bank deposit at 22% per annum, the second one – in a conservative investment fund with capital preservation strategy, based on fixed income instruments (deposits, government bonds) for 12 month. Currently the company is offering open-end fund “OTP Obligatsiynyi” with the similar investment strategy and the target yield of 22% per annum with recommended investment period of 1 month.
"During the last year we have earned our investors higher yield than bank deposits rates in most of bank in Ukraine. Complementing classic bank deposits with investment funds and non-government pension fund, we help OTP Group clients to form a complete investment portfolio, which includes instruments with different characteristics of return, risk and liquidity. This is how we are bringing European practice of capital preservation and growth to our clients", - said Vitaliy Dyshlovy, Head of Sales and Marketing Department of "OTP Capital".
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 220.61 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.