Investment Fund "Delta Plus" put into operation - minimal amount of payment is 1,000 RSD

With the announcement of the invititation for the potential members of the investment fund - "Delta Plus", the first investment fund in Serbia was officially put into operation yesterday February 26, 2007.

According to the words of Radmila Bajević, the Manager of "Delta Plus", the payment of 1,000 RSD enables you to become a members and the owner of part of the fund's property, while the information on investments will be available to all members through daily newspapers.

- The decisions about investments will be made by the professional team of managers, while the loss risk is cut to minimum. The Law on investment funds stipulates that 65% of investments must be directed to the securities that are traded at the Belgrade Stock Exchange, whereas 30% must be invested in the world markets. We have decided to invest in the foreign companies on the markets in the region. The Fund can also invest in the deposits - Bajević pointed out.

She emphasizes that the target group of the investment fund is population, because, as she points out, it has been estimated that the citizens of Serbia did not show big trust in the banking sector, as far as savings are concerned.

- The Fund makes it possible for their members to come out whenever they want (with the previous announcement, 3-6 days before). On that occasion, they are to pay the fee in amount of 1%. The upper limit for the investments in the investment fund is 10,000 EUR. With the growth of the Fund's capital, the lower and upper limits for investments will also be raised - Bajević explains and adds that the expected value of the capital of the fund prior to the end of 2007 amounts to 20m EUR.