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Investment Fund Zlaten Lev
Investment fund (IF) “Zlaten Lev” PLC is the first established in Bulgaria Open-end Investment Fund. As such it incessantly trades its shares at the request of its investors. When an investor buys shares of the PLC, he/she becomes a shareholder within the company with, proportional to the invested amount, number of shares. Gathering funds by public share-trading and spreading the risk, the IF invests into various portfolios of securities and currency, in accordance with its prospect. Most of the people investing at the IF are willing to own securities, but do not wield the necessary knowledge and time to manage personally their investments. Buying shares of the Investment Fund the investors receive professional managing of their resources, tax concessions, unlimited liquidity and opportunity of profit at relatively low risk. An analog of the IF are the widespread and very popular mutual funds.
Investment Fund “Zlaten Lev” PLC trades with an unlimited number of shares. The price of the shares is calculated twice a week, and every Tuesday and Friday – published in “Pari” newspaper, at the office of Managing Company “Zlaten Lev Capital” Jsc. and at the offices of “Zlaten Lev Brokers” Ltd. The price equals to the net value assets per single share increased with the issuing expenses amounting to 0.3 percent of this value. Paying the issuing price, the investor buys shares of IF “Zlaten Lev” PLC, but actually he is investing his own funds in the securities portfolio that the investment company owns.
IF “Zlaten Lev” PLC incessantly buys its shares. The price of the shares is equal to the net asset value per share, reduced by the cost of redemption at the rate of 0.3 percent of this value. The liquidity of the shares of IF “Zlaten Lev” PLC is unlimited – the shareholders may request a buyback of their shares at any time.
IF “Zlaten Lev” PLC has concluded a management agreement with the Management Company “Zlaten Lev Capital” JSC. The Management Company carries out professional management of the