Change in the Rules of MF DSK Stability - European Equities
With Decisions from 07.12.2020, the Financial Supervision Commission approved changes in the Rules of MF DSK Stability - European Equities, which enter into force on 04.01.2021.
Investment objectives of DSK Stability - European Equities are changing - it will seek to provide protection of 99 (ninety-nine) percent of the value of investments of unit holders, as well as (if possible) increase in the value of investments of unit holders of units above the protected amount by realizing the maximum possible income while assuming low to moderate risk. "Protection of 99 (ninety-nine) percent of the value of the investment" means the net asset value of one unit, calculated on the last business day of the "limited period", to be not less than 99 (ninety-nine) per cent of the net asset value per unit, calculated as of the last business day of the "open period".
DSK Asset Management AD will continue to inform unit holders and other investors about the exact date on which each “open” / “limited” period of the investment cycle of the fund will start, as well as for each “transitional” period within the "limited" period, at least 30 days before the start of the relevant period by means of notifications:
in the offices of DSK Bank AD, in which the units of the funds are distributed;
on the website of the Management Company.
In case the unit-holders do not agree with the changes in the Rules, they may sell back their units to the funds within the term until the changes in the Rules enter into force.
The approved Rules of MF DS Stability - European Equities (in effect from 04.01.2021) can be found in the branches of DSK Bank, which distribute the Fund's units within their working hours and on the website of DSK Asset Management AD - www.dskam.bg.