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Change in the Rules of MFs DSK Stability - European Equities and DSK Stability - German Equities in terms of fees during the "limited periods"

With Decisions from 07.12.2020 the Financial Supervision Commission approved changes in the Rules of MF DSK Stability - European Equities and MF DSK Stability - German Equities, which enter into force on 04.01.2021.
The changes envisage that the Management Company will start charging fees for the purchase and redemption of units during the limited periods (including transitional periods), the amount of which will be the same as the ones charged so far by the Distributor, namely:


1. For the purchase of units:
a) for the "limited period" - 5% (five percent) of the net asset value per unit;
b) for the “transitional period” - 1% (one per cent) of the net asset value per unit.


2. For redemption of units:
a) for the "limited period" - 10% (ten percent) of the net asset value per unit;
b) for the “transitional period” - 2% (two per cent) of the net asset value per unit.
At the same time, the Distributor will not be allowed to charge fees for the sale and redemption of units during limited periods (including transitional periods) and thus the costs to investors, as a result of changes in the Rules, will remain unchanged.
Additionally, the amendments stipulate that the Management Company completely waives the fees for the purchase and redemption of units, which the investors pay during the limited and transitional periods, as these fees will remain in favor of the respective fund.
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 and MF DSK Stability - German 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.

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 Investor 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.