About “DSK Asset Management” AD

“DSK Asset Management” AD was established on 22.12.2004  and licensed by the Financial Supervision Commission with resolution No: 862 – УД/ 15.12.2004. Since 17.08.2005 its license for management company has been renewed (No:3 УД/19.09.2005) with respect to the changes in the Public Offering of Securities Act (“State Gazette” issue  # 39 - 2005). Since 03.04.2017 the license has been renewed again, according to ACISOCIVA.

Subject of activity

management of the activity of the collective investment schemes under the meaning of para 1, item 10 of AP of ACISOCIVA, including:

  • management of the investments;
  • administration of the units, including legal and accounting services related to management of the assets, requests for information by the investors, evaluation of the assets and calculation the price of the units, control on the compliance with the legal requirements, management of the risk, keeping the unitholders’ register, in the cases of pursuit of management of a collective investment scheme originating in another Member State, distribution of dividends and other payments, issuance, sale and redemption of units, implementation of agreements, keeping of reporting;
  • marketing services;
  • management of the activities of national investment funds;
  • management in compliance with an entered agreement with the client, of a portfolio, including such of a collective investment undertaking, consisting of financial instruments, upon the management company’s discretion and without special orders placed by the client;
  • rendering investment consultations regarding financial instruments;
  • safe-keeping and administration of units in collective investment undertakings.

Funds' Licenses by FSC

  • Mutual Fund “DSK Standard” – Permit No 3-ДФ/19.09.2005, issued base on  Permit No 525-ДФ/17.08.2005 of Financial Supervision Commission (FSC)
  • Mutual Fund “DSK Euro Active” – Permit No 65-ДФ/08.10.2008, issued base on  Permit No 1141-ДФ/02.09.2008 of Financial Supervision Commission
  • Mutual Fund “DSK Balance” - Permit No 8-ДФ/21.11.2005, issued base on  Permit No 621-ДФ/05.10.2005 of Financial Supervision Commission
  • Mutual Fund “DSK Growth” - Permit No14-ДФ/08.12.2005, issued base on  Permit No 750-ДФ/07.12.2005 of Financial Supervision Commission
  • Mutual Fund "DSK Global defensive companies" (old name "DSK Properties") - Permit No 58 -ДФ/07.02.2008 of Financial Supervision Commission, issued base on  Permit No 168-ДФ/06.02.2008 of Financial Supervision Commission. Since December 2019 the fund has a new Premit No 193-ДФ/04.12.2019 of Financial Supervision Commission issued base on  Permit No 168-ДФ/06.02.2008 of Financial Supervision Commission with respect to the name change.
  • Mutual Fund “DSK Stability - European equities” – Permit No 97-ДФ/10.04.2012, issued base on Permit No 213-ДФ/23.03.2012 of Financial Supervision Commission
  • Mutual Fund “DSK Stability – German Equities” according to Authorization No. 149-ДФ/19.08.2015 issued on the basis of Authorization No. 98-ДФ/08.02.2013 of Financial Supervision Commission.
  • Mutual Fund “DSK Alternative 1” (old name "DSK Money Market Fund")– Permit No 122-ДФ/28.02.2013 issued base on Permit No 99-ДФ/08.02.2013 of Financial Supervision Commission. Since September 2018 the fund has a new Permit No 180-ДФ/25.09.2018 of Financial Supervision Commission with respect to the name change.
  • Mutual Fund "DSK Stability - European equities 3" (former “DSK Alternative 2” ) – Permit No 121-ДФ/28.02.2013 issued base on Permit No 100-ДФ/08.02.2013 of Financial Supervision Commission. Since September 2018 the fund has a new Permit No 181-ДФ/25.09.2018 of Financial Supervision Commission with respect to the name change, Permit No №203-ДФ/17.01.2023 of Financial Supervision Commission issued base on Permit 799-ДФ/19.10.2022 with respect to the name change.
  • Mutual Fund  “DSK Stability - European equities 2” (former “DSK Alternative”) – Permit No129–ДФ/03.06.2013  issued base on Permit No 338-ДФ/07.05.2013 of Financial Supervision Commission ; Permit N 202-ДФ/18.10.2022 issued base on Permit 338-ДФ/07.05.22 and 585-ДФ/13.07.22.
  • Mutual Fund “DSK Global companies” – Permit No157–ДФ/14.11.2016 issued base on Permit No 763-ДФ/03.11.2016 of Financial Supervision Commission.
  • Mutual Fund “DSK Dynamics” – Permit No177–ДФ/12.07.2018 issued base on Permit No 671-ДФ/05.07.2018 of Financial Supervision Commission. 
  • NIF "DSK-OTP Premium Mix" - Permit № 7-НИФ/11.01.2021  issued base on Permit № 937-НИФ/23.12.2020 of Financial Supervision Commission. The fund is a National Investment Fund, which is different type compared to Collective Investment Schemes according to ACISOCIUA.
  • NIF "DSK Horizon 2030" - Permit № 9-НИФ/01.09.2021  issued base on Permit № 573-НИФ/10.08.2021 of Financial Supervision Commission. The fund is a National Investment Fund, which is different type compared to Collective Investment Schemes according to ACISOCIUA.
  • NIF "DSK Horizon 2035" - Permit № 10-НИФ/01.09.2021  issued base on Permit № 574-НИФ/10.08.2021 of Financial Supervision Commission. The fund is a National Investment Fund, which is different type compared to Collective Investment Schemes according to ACISOCIUA.
  • NIF "DSK Horizon 2040" - Permit № 11-НИФ/01.09.2021  issued base on Permit № 575-НИФ/10.08.2021 of Financial Supervision Commission. The fund is a National Investment Fund, which is different type compared to Collective Investment Schemes according to ACISOCIUA.




LICENSE


The shareholders of “DSK Asset Management” AD  are:  “DSK Bank EAD” with 66% of the capital and  “OTP Fund Management” with 34%.  


MANAGEMENT

Boyan Stefov

Deputy Chairman of the SB

Profile

Ivaylo Hadjiev

Member of the Supervisory Board

Profile

Laszlo Gati

Member of the Supervisory Board

Profile

Gabor Fazekas

Member of the Supervisory Board

Profile

Investors should have in mind that the value of the funds’ units and the income from them may decrease, the profit is not guaranteed and they take up the risk of not recovering their investment in full. Before making a final investment decision, it is advisable for investors to familiarize themselves with the Prospectus and the Key Information Document of the respective fund. The documents are in Bulgarian and they are available on the website of DSK Asset Management AD (www.dskam.bg), and upon request can be obtained free of charge on paper at the office of the Management Company or at the offices of the DSK Bank AD, designated as a distribution point, every working day within their working hours.