Open investment fund "Hypo Balance" to start registration of stocks on June 23
Investment Funds Management company "Hypo Investments" has announced that it will start registration and sale of investment units of fund "Hypo Balance" on Monday, June 23rd.
Open investment fund "Hypo Balance" will operate as a balanced fund that will be investing minimum 85% of property in stocks of local and foreign companies and bonds of companies, local and international financial institutions.
The investment units of the second balanced investment fund on Serbia market will cost 1,000 RSD prior to July 22nd in the offices of Hypo Alpe Adria bank in Serbia. Founder of the fund is company Hypo Investment from Belgrade whose basic capital is 36m RSD and the owner of that company is Hypo Alpe Adria bank in Serbia.
That bank, as it was explained to agency Beta, bought investment funds management company "Invej Investments" from company "Invej" and changed its name into "Hypo Investments".
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