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Innovo Status AD Skopje
Funds - Иново Статус Акции
Thursday, 29 January 2009 09:49
The Open Investment Fund, with the approval of the Securities Commission of the Republic of Macedonia, was founded by the Fund Management Company Innovo Status AD Skopje. 

The sole purpose of the Company is to found and manage the Funds asset. The Fund is property of the share document owners. The Funds assets are held on a special account in the Depositary Bank and the Company can invest them only as written in the Funds’ Statutes, the Funds’ Prospectus and the Law of investment funds.

The regulator of the investment fund working is the Securities Commission of the Republic of Macedonia.

The objective of the Fund is to collect money from individual investors, which individually can’t evaluate risk of their investment on the oscillatory markets. The Funds’ accumulated assets are associated for a greater buying power then the one of individual investor.

The advantages in investing into open investment fund are:

- Professional asset management

- Risk dispersion by investing in different securities

- Accessibility for the smaller investors

- Liquidity, because the share documents can easily be sold

- Smaller expenses.

INNOVO STATUS AKCII represents an open investment fund.  

The open investment fund INNOVO STATUS AKCII is intended for investors that accept a diversified structure of their securities portfolio, which leads to lower risk, compared with individual investment.

The open investment fund INNOVO STATUS AKCII is managed by the Fund Management Company INNOVO STATUS AD Skopje. The Company objective is collecting money in the Fund, investing them in securities and money deposits on local and foreign money markets, for purpose of making long-term revenues.

The Company will invest the Fund assets in the following securities markets: R. Macedonia, Bosnia and Herzegovina, Croatia, Slovenia, Montenegro and Serbia. 

Type of instrument

Securities markets

           Percent

Shares

R. Macedonia

Up to 100%

Shares

Bosnia and Herzegovina, Croatia, Slovenia, Montenegro, Serbia

Up to 40%

Long term debt securities

R. Macedonia, Bosnia and Herzegovina, Croatia, Slovenia, Montenegro, Serbia

Up to 50%

Short term debt securities

R. Macedonia, Bosnia and Herzegovina, Croatia, Slovenia, Montenegro, Serbia

Up to 25%

 

Financial derivative instruments

R Macedonia, Bosnia and Herzegovina, Croatia, Slovenia, Montenegro, Serbia

 

Up to 25%

Deposits

Commercial banks in R. Macedonia

Up to 25%

 

  Expenses and fees:   

Management fee

2%

Deposit Bank fee

0,35%

Entering commission:

Up to 250.000 denars

4%

From 250.001 to 1.000.000 denars

2,5%

From 1.000.001 to 5.000.000 denars

1,5%

From 5.000.001 to 30.000.000 denars

0,5%

Exceeding 30.000.001

0,1%

 

Fund Management Company is INOVO STATUS AD SKOPJE, Mitropolit Teodosij Gologanov 60/1-5 Skopje, R.Macedonia, tel. +389 2 3215 923; +389 2 3215 926 fax. +389 2 3215 924; www.innovostatus.com.mk ; e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 

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