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Target date funds DSK Horizon launch on September 13, 2021.

DSK Bank and DSK Asset Management AD started offering a new type of investment funds - DSK Horizon 2030, DSK Horizon 2035 and DSK Horizon 2040. The innovative funds are of the “target-date funds” type - funds with a “target date”. They enable the client to save and invest assets (once and periodically) to achieve their specific goal at a predetermined time period ("target date") - for example, for children's education, for a significant purchase, for retirement and more. According to the current legislation, the funds are national investment funds, which is different from a collective investment scheme within the meaning of the ACISOCIUA. More details on how the three funds work can be found here.
On the first day of the distribution of the funds (September 13, 2021) NAVU for orders for purchase of units is BGN 1.0000 for the three funds. The price is for orders accepted on 13.09.2021.
The minimum value of one order is BGN 500, and the minimum value for a multiple order for periodic purchase of units (DSK Investment Plan) is BGN 100.
According to the tariff of the Distributor (DSK Bank) until November 15, 2021 the units of the three funds DSK Horizon can be purchased free of charge, and after this date - with a fee for purchase of units 0.20%.
The redemption fee for units of the three funds is 0.20%, and after reaching the "target date" (end of the respective target year) - no fee.

 

This information is not an investment recommendation

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.