On May 25, a regular investment period of the OTP Double Result Fund, which is a part of a joint product of the OTP Capital company and OTP Bank, has come to an end. You can get more details about the product and the history of its creation in the previous news release.
This year, the fund has traditionally shown significant results of activities, having brought around 17% per annum to its investors. The important advantage of this fund is that the income is paid in the form of dividends that is why it is taxable at a considerably low rate of the personal income tax: 9% instead of 18%. Such tax advantage permits to increase the net returns of an investment.
We remind you that the deposit part of the “Double Result” contribution brought 15% per annum to our clients last year. You can get more details about the product, historic returns and investment environment on the page of the fund.
Now we have already summed up the results of the previous year, and therefore we can announce a new placement period, which will last from May 27, 2020 to June 26, 2020. By tradition, a deposit will consist of two parts:
- three-month deposit from OTP Bank and
- investments for a period of up to 12 months to the unit investment fund “OTP Double Result” from OTP Capital.
The deposit part of the contribution will bring 11% per annum to the clients, and the money, placed in the fund, will be invested into domestic government loan bonds. By tradition, the income upon the investment fund will be paid in the form of dividends, and upon the termination of the investment period on May 24, 2021 the clients will have the possibility to prolong the investment.
For many years, the clients of OTP Capital and OTP Bank have been using the double investment proposal, and therefore for many years our clients have been gaining double profits from such investment. We also suggest you to check the advantages of the Double Result product on the
first-hand experience. In order to draw up a deposit, you can visit any OTP Bank branch. In order to get a consultation, you can fill in the feedback form on our site.
