Status Global ETFs
About the Fund | |
|---|---|
| Fund type | Open-end equity fund |
| Country of registration | Bulgaria |
| Exchange | Not listed |
| Start of public offering | 03.05.2010 |
| Currency | Euro |
| Issue fee | for investments below 250 000 EUR - 1.75%; investments above 250 000 EUR - 0.5% |
| Redemption fee | 0.25% |
| Management fee | 2.0% |
| Management company | Status Capital |
| Portfolio manager | Ivan Ivanov |
| Custodian | Unicredit Bulbank |
Status Global ETFs is the first Bulgarian fund focused on investments in developing markets, which has a new strategy for the local market for investments mainly in exchange traded funds - ETFs. The developing countries in Asia, South America and Africa have solid financial systems and substantial growth potential, as during the recent economic crisis outperformed the recovery of developed countries.
The fund targets mainly investors with investment experience who have medium to high risk tolerance. These are investors, who would wish to participate on the market of risk assets, but would not take the risk of choosing the assets for investment. Through the fund they have an opportunity to manage their investment risk by keeping a higher return option.
Investment objective and strategy
The key objective of Status Global ETFs is a long-term growth of the value of its investments through the realization of the highest possible income in taking medium to high risk and providing liquidity for the unit holders.
The fund shall be actively managed and the efforts of the management will be focused on the time for entering and withdrawal from certain markets or sectors instead of valuation of specific shares.
The key requirement for the markets of the ETFs is high growth potential and liquidity. The indices should be relatively well diversified.