ACTIVA EUROPEAN STRATEGY
ISIN CODE: BG9000003244, EIK 181112504
The collective investment scheme is managed by the management company „Activa Asset Management” АD, UIC 175263888
Fund Custodian Bank
The custodian bank holds the assets of the DF ACTIVA EUROPEAN STRATEGY and controls both the operations and the calculation of the fund's net asset value.
“United Bulgarian Bank" AD with registered office and management address:
Sofia, Triaditsa district, 89B Vitosha Blvd.”
Transfer of amounts for the purchase of units of DF ACTIVA EUROPEAN STRATEGY can be made to the fund's account at "United Bulgarian Bank" AD:
BG02 UBBS 8002 1468 1441 10 - ACTIVA EUROPEAN STRATEGY (EUR)
The prospectus and the key information documents are available and provided free of charge online, as well as at the office of the Management Company "Activa Asset Management" AD.
GOALS AND INVESTMENT POLICY
1. Assets on the fund are invested in:
- shares in companies traded in regulated markets in Europe.
- liquid tools on the money market.
- shares and units on others collective investment schemes received permission for execution on activity according to Directive 2009/65/EC of The European parliament and Council with headquarters in Bulgaria, in another country member or in third country.
- bank deposits payable at request that can be withdrawn at any time, and with date to maturity no more than 12 months.
2. Investors may purchase or redeem units at the head office of the management company, from 09.00 am until 4.00 pm on working days
3. The Fund does not pursue any specific objective regarding an industrial, geographic or another market sector. The Fund invests mainly in valuables securities traded on regulated markets in Europe.
4. Dividends received by the national mutual fund are not distributed among investors, but increase the net value of its assets.
5. The Fund does not apply efficient portfolio management techniques such as hedging or transacting with financial instruments with an agreement to repurchase the financial instruments (repo transactions).
RISK AND RETURN PROFILE
SUMMARY RISK INDICATOR (SRI)
The risk indicator is based on a 5-year investment holding horizon. The SRI indicates the probability of monetary loss as a result of market dynamics.
According to the adopted methodology of the fund, a risk category of 5 out of a total of 7 levels has been determined (1=“lowest risk” , 2=“low risk”, 3=“medium-low risk”, 4=“medium risk”, 5=“medium-high risk”, 6=“second most important risk”, 7=“highest risk”), corresponding to medium risk. The SRI aims to provide guidance on the level of risk of the fund and its potential for generating income.
OTHER RISK FACTORS TO WHICH INVESTORS IN THE FUND'S SHARES ARE EXPOSED, WHICH ARE NOT COVERED IN THE INDEX, ARE:
- Credit risk – the risk that the issuer of debt securities and money market instruments or, respectively, the person furnishing the security might be unable to perform his obligations and, particularly, might be unable to pay in due time the principal and/or the interest due.
- Liquidity risk – the risk that, in certain circumstances, it might be difficult or impossible for the management company to sell the Fund’s securities or instruments on the money market at an advantageous price.
- Operational risk – the possibility of occurrence of losses related to errors or imperfections in the organizational system, or unfavorable external events of non-financial nature.
- Others risks such as political, tax, regulatory, operational, inflationary and currency.