DSK Mutual Funds marked the largest annual increase in assets in its history in 2021
The assets of the funds managed by DSK Asset Management AD reached BGN 363 million at the end of the year.
The past 2021 was marked by increased interest from households and companies in various forms of investment in financial instruments and asset management. Virtually zero interest rates on traditional bank deposits gave a strong impetus to collective investment schemes and total assets of local funds increased by more than BGN 840 million during the year.
A significant part of this growth in the market was generated by DSK Asset Management funds, which are offered through the branch network of DSK Bank. The assets of DSK Mutual Funds increased by BGN 171 million, which is the largest annual change in their history - an increase of almost 90% over the twelve-month period.
In parallel with the accumulation of significant assets in the funds, during the year DSK Asset Management AD expanded the range of products offered with four new funds. In June, the offering of DSK-OTP Premium Mix Fund started, which invests the attracted client assets mainly in other funds managed by OTP Fund Management - a combination of time-proven products, which invest in various assets. such as stocks, bonds, financial instruments (derivatives) related to raw materials / commodities and others traded in different markets around the world. In this way DSK - OTP Premium Mix gives investors in our country a ready "package" of other funds, through which they can benefit from the professional experience and expertise of successful portfolio managers and investment opportunities in various regional markets and classes assets. In September, the offering of a unique for our country new class of investment products - three funds "DSK Horizon" began. Innovative funds are of the Target-date funds type and aim to enable the client to save and invest assets to achieve a certain goal in a predetermined time horizon (for example for retirement, for education of children, etc.) without limiting his ability to withdraw assets before the target date. Specifically, the accumulated funds are invested in a portfolio of assets with different risk (stocks, bonds, etc.), which is restructured smoothly and periodically so that the risk decreases as the target date for use of the assets approaches. For this purpose, the funds will form a portfolio mainly of various exchange-traded funds (ETFs), through which to follow the global development of the capital market in the long run.
Although the fund seeks to preserve the value of their investments, investors should be aware that the Mutual Fund units’ price may depreciate. Profit on the investments is not guaranteed and there is risk that investors may not recover the full value of their investments. An investment in mutual fund is not insured or guaranteed by Guarantee Fund or in any other way. Past performance is no guarantee of future results. The Prospectus and the document with key investor information of the mutual funds organized and managed by MC DSK Asset Management AD, and other information are available to the public on this web page. The information is available in Bulgarian.