Slovenians launch four more funds

The investment management company KD Investments Romania, a part of the Slovenian financial group KD, will launch no less than four mutual funds this year. The company currently manages only one fund, KD Maximus, which invests in shares. KD Investments will therefore offer five mutual funds with the firm currently managing the most funds being Certinvest, with four funds. “This year we will launch another four mutual funds because we want to virtually cover all the degrees of risk that our investors could have in mind,” explained Cosmin Paunescu, deputy chief executive of KD Investments.He added that it was about a monetary fund, which would, however, have an up to 20% equity investment component, a diversified fund, which would invest some 50% of its assets in listed shares, a fund, which would invest in other mutual funds on the market, particularly in diversified and equity funds and finally, a fund, which would follow the BET Index on the Stock Exchange. ZF