Activa Balanced ETF is an exchange-traded fund within the meaning of article 24a paragraph 1 from The LACISOCIU. The main objectives of the Mutual Fund are to increase the value of the shareholders 'investments by realizing the maximum possible income taking a moderate risk and providing liquidity of the shareholders' investments. The Fund invests predominantly in securities admitted to or traded on a regulated market in Bulgaria, incl. shares, debt securities and fixed income instruments.