OTP Dividend is an investment fund designed for investors who seek regular cash income while preserving and growing their capital.
The fund invests primarily in reliable fixed-income instruments — Ukrainian government bonds (OVDPs) with various maturities.
This approach ensures stability and predictability of investment results and enables the fund to pay dividends to investors twice a year.
A key advantage of the fund is its tax efficiency. Dividends are taxed at 9% personal income tax plus 5% military levy, which is significantly lower than the standard investment income taxation of 18% personal income tax plus 5% military levy. As a result, investors receive a higher net return.
The fund is intended for investors who expect a regular cash flow and prefer a moderate risk level combined with a predictable investment strategy.
Key Fund Features
- stable and predictable income
- dividend payments twice a year
- moderate risk profile
- optimized tax burden
Terms of placement and periods of investment
Now the purchase of investment certificates of the fund is impossible.
Tax benefits
Investment income is paid twice a year in the form of dividends. Dividends on investment certificates are subject to a tax rate that is twice as low as the standard rate.
OTP Capital acts as a tax agent, so all taxes paid by the participant immediately upon payment.
Key risks
Risks that are material to the Fund but cannot be fully reflected by the Fund’s risk profile indicator include:
Credit risk: there is a risk that issuers of debt securities and banks where deposits are placed may be unable to pay interest or repay the principal amount, which may result in losses.
Market risk: market fluctuations in interest rates on debt securities lead to changes in their value within the portfolio. In particular, an increase in interest rates is accompanied by a decrease in the value of bonds, which may result in losses for the Fund. The use of leverage mechanisms may significantly increase market risk and, as a result, lead to additional losses for the Fund.
Liquidity risk: under certain conditions, liquidity in the securities market may decline, which may result in losses when liquidating positions (selling securities) and, consequently, losses for the Fund.
Investment risk: the Fund may fail to achieve its target return.
Terms and conditions
Start of placement
January 2026
Period of activity
October is subject to the custodian’s fees2055
Purchase
Twice a year on predetermined dates
Redemption
Twice a year
Minimum sum
UAH 100 000
Securities account
Charged according to the custodian’s terms
Calculator
Calculation
(PDFO %, Military tax %)
Documents and reporting
The prospectus for the PNCIF “OTP Dividend” Fund can be reviewed at the location of LLC “OTP Capital Asset Management Company”: 28 Fizkultury St., Building “D”, Kyiv, 03680, or in the “Documents and Reporting” section at: PNCIF “OTP Dividend”.
Fund Information:
Full name: Unit Non-Diversified Closed-End Investment Fund “OTP Dividend”
Short name: PNCIF “OTP Dividend”
EDRPOU code: 23201801
Date of registration in EDRISI: 28.08.2025
Term of operation: 30 years
Entities servicing the fund:
Auditor information:
LLC AAN “SEYA-KIRSH-AUDIT”
EDRPOU code: 24263164
Custodian information:
PJSC “Piraeus Bank ICB”
EDRPOU code: 20034231
Disclaimer: Investment returns in the stock market may increase or decrease. Past investment performance does not guarantee future returns. The state does not guarantee the profitability of stock market investments. LLC “OTP Capital Asset Management Company” does not guarantee the return on investment instruments mentioned in this material.
Comment
Yuriy Oleksiyenko
Head of Investment Department
OTP Dividend Fund is designed for short-term investments (6–12 months) in fixed-income instruments — short- and medium-term government bonds (OVDP) and bank deposits. The fund’s objective is to achieve significantly higher returns than deposits and short-term OVDP while maintaining a low level of risk.
The target portfolio structure consists of 20% short-term OVDP (maturity up to 1.5 years) and 80% medium-term OVDP (maturity 2–3 years). The fund’s strategy and structure are reviewed each investment period and adjusted according to market conditions.
The fund distributes profits for the investment period in the form of dividends. This allows investors to optimize their tax expenses, as taxes amount to only 9% personal income tax + 5% military levy.
Fund features: