Traditionally, in December of each year, OTP Capital sums up the results of the “OTP Invest+” fund activities and announces the period for raising funds for the next year. Despite all the challenges of 2020, the fund showed good returns: investors received from 15% to 17%.
“The campaign for attracting new investors was no less successful. There have been many withdrawals from the fund this year. This customer behavior was expected. Many of them had concerns about long-term investments. And the situation with the dollar was ambiguous. However, new borrowings significantly exceeded outflows. However, new investments significantly exceeded outflows. In the period from December 1 to December 24, we managed to replenish the fund with more than 52 million hryvnia of new investments. This allowed the “OTP Invest+” fund to remain among the leaders in terms of assets among other investment funds of the company,” says Svitlana Parandii, head of the marketing and sales department of OTP Capital.
We remind you that the “OTP Invest+” fund belongs to the “absolute return fund” category. Its goal is to maximize returns regardless of trends in the stock or foreign exchange markets with a low level of risk. This fund strategy has worked well in previous periods and once again proved its effectiveness in 2020.
The investment strategy of the “OTP Invest+” fund for the next year provides for investing up to 65% of the fund’s assets in domestic government bonds, up to 30% in corporate bonds and up to 5% in shares of Raiffeisen Bank Aval, which constantly demonstrate steady growth in the exchange rate and a high level of dividends.
It was also good news for investors that the fund has changed the way of paying incomes. From now on, fund participants will receive income in the form of dividends, which is taxed at half the rate of 9% compared to ordinary investment income.
You can find out more about OTP Invest+ on the fund’s page.
The asset management company OTP Capital – is one of the leaders of the Ukrainian stock market. The company offers a wide range of investment services. OTP Capital is the owner of the largest open non-state pension fund – OTP Pension and the creator of the first and only investment fund for children – OTP Kids. The company was founded in July 2007 and became the second OTP Group representative in Ukraine after OTP Bank JSC. AMC “OTP Capital” manages 7 public investment funds, 10 venture funds, assets of insurance companies, as well as 3 non-state pension funds. Assets under management amount to over UAH 3 billion.
