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DSK Asset Management AD informs the investors that, as of 02.01.2013, the functions of an investment adviser to the mutual funds are performed only by Yasen Ivanov.

Yasen Chavdarov Ivanov (born in 1982) completed a Bachelor’s course in Finance at Sofia University of National and World Economics in 2005 and the Master’s course in Finance in 2008. Yasen Ivanov has attended a number of qualification programs in respect of capital markets, asset management and management. In September 2011 he was awarded qualification by the CFA Institute. Since January 2007 Yasen Ivanov has been Financial Instruments and Markets Expert at Management Company DSK Asset Management AD. In June 2007 he took the office of Portfolio Manager and since January 2008 he has also been Investment Advisor. Since March 2009 Yassen Ivanov is Head of Portfolio Management Department and investment advisor. For the period of August 2005 – December 2006 he was employed as Analyst at Corporate Banking Department of Bulgarian Post Bank AD.

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 (, 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.