Open-end investment fund KB INVEST – CASH

The profile of the fund investor’s

According to the legal regulation, the owner’s of fund shares can be domestic and foreign institutional and individual investors who are eligible for investing in this type of vehicle. The only restriction is the minimum amount of initial capital that needs to be committed. The fund investment strategy and the selection of the financial instruments suggest that this should be regarded as short-term investment without clearly defined investment horizon. The fund is intended for investors how want to commit their capital for less than least six months.

Investment policy and objectives

The Company’s primary objective is investing in financial markets for the purpose of achieving adequate returns for its investors, while at the same time strictly following the imposed investment restrictions, as well as the needs for liquidity and safety of the invested assets. The selection of financial instruments, which will be a building block of Fund’s portfolio, carries out lowest level of risk.

The Company will invest the fund assets in the following instruments:

ASSET CLASS A

• - Investment in short-term and long-term fixed income securities issued by entities from the Republic of Macedonia, Croatia, Serbia, Montenegro, Albania, Bosnia and Herzegovina, Ukraine, Russian Federation, Kazakhstan, Brazil, India, China, EU and OECD;
• - Investments in fixed income securities issued by Republic of Macedonia, member countries of European Union and OECD can be over 35% of the fund assets.

ASSET CLASS B

• - Investment in deposits with banks in Republic of Macedonia with maturity less than one (1) year;

ASSET CLASS C

• - Investment in other open-end investment funds with lowest level of risk which are mainly investing in deposits and fixed income securities, under condition that the management fee is less than 1,0%.

Targeted Fund’s portfolio structure

Payment

The payment can be done on the account of open-end investment fund KB Invest Cash at Komercijalna Banka AD Skopje, acc. No. 300000003236732.

Minimum amount of initial investment

1.000,00 MKD

Management fee

The Company is charging annual management fee in amount of 1,0% of the fund net assets value.

Custody bank fee

The Company, from the fund assets, pays annual fee to the Custody bank based on the value of fund assets, in amount of 0,20%.

Expenses for issuing shares

There is no expense for issuing shares.

Expenses for buyout and payment of shares

There is no expense for issuing shares.