Terms and Conditions for Redemption of Units

Placement and execution of redemption order can be done according to one of the following options on the following conditions:

Number of units order
At the moment of the receipt of the order the Investor should own the necessary number of units for its execution.

Amount order
At the moment of the receipt of the order the Investor should own transferable units whose redemption value, calculated on the basis of 90% of the redemption price per unit determined for the previous business day before the receipt of the order, covers the amount payable.

The Investor's Account shall be credited with the amount corresponding to the declared in the order amount after its registration with Central Depository, which is usually done by the end of the business day following the day of accepting the order.

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.