BCC Invest JSC - Subsidiary of Bank CenterCredit JSC (Kazakhstan) is on the second place on return on UIF in the rating of Investfunds.kz independent information resource
22.04.08 20:13
/KASE, 22.04.08/ - BCC Invest JSC - Subsidiary of Bank CenterCredit JSC
(Almaty), the member of Kazakhstan Stock Exchange (KASE) on categories "K",
"P" and "H", provided to KASE the following press release:
Quotation start
BCC Invest JSC - Subsidiary of Bank CenterCredit JSC (Kazakhstan) is on the
second place on return on Unit Investment Funds in the rating of Investfunds.kz
independent information resource with its interval Unit Investment Fund
CenterCredit - Premium, which was renamed into CenterCredit - Smart Balance.
23 funds of 17 managing companies participate in the rating.
From the moment of creation of CenterCredit - Smart Balance, i.e. from
15.05.2007, it showed the return of about 19% APR, and from the beginning of
the year 23.77 % APR. This indicator became possible even considering that the
majority of its existence time, the fund functioned during stock markets
instability period.
Such return is conditioned by the reasonable approach to defining financial
instruments used by the fund and balanced investment strategy. Timely
responses to the market conditions changes allowed the minimizing of losses due
to the global financial crisis on stock markets. The basic instruments to date are
instruments with the fixed yield and more liquid shares of KASE acknowledge
level and foreign stock markets.
BCC Invest JSC is continuing the extension of its products line - AFS registered
the unique for Kazakhstan investment instrument - the fund of funds oriented
towards the developing markets, which at present have more stable indicators.
This fund will open for the Kazakhstan people the access to the world funds with
the long-term successful business experience, such as First State Global
Umbrella Fund, Franklin Templeton Investment Funds, Birla Sun Life Asset
Management and other known funds.
Contact telephones:
259-86-03, mob. 701-744-2446
Mambetova Zhanna: zmambeto@centercredit.kz
Quotation end
[2008-04-22]