Raiffeisen CASH: With short-term investments up to the yield? It's possible!
If you have surplus funds on a short-term basis, invest them with minimal risk.
Key info
| Type of fund: | Cash fund |
| Investment goal: | The investment goal of the fund is to achieve a stable but continuous return on short-term investment of the Fund's assets with a low level of risk and maintain liquidity of assets at the highest possible level. |
| Whom the fund is intended for: | Fund is intended for private individuals and legal entities who meet the Fund's investment objective that find the constant monetization of their investments important. |
| Minimum initial investment: | BAM 500.00 |
| Minimum amount of each next investment: | BAM 100.00 |
| Minimum payments under an investment scheme*: | |
| Entry fee: | 0,00% |
| Exit fee: | 0,00% |
| Management fee: | 1.00% of the Fund's total assets, annually |
Calculation date for the first unit price: 11/01/2012
Initial unit value: BAM 100.00
Fund currency: BAM
Investment information
The Fund's investment goal is to generate the highest possible yield on short-term assets investments, while achieving the soundest possible unit price. Due to its investment goal, the Fund is permanently exposed to money and bond markets, with investments of not less than 60% of its net assets into financial instruments with maturities up to one year. In addition, the Fund's strategy allows investments into financial instruments on the BiH market, EU Member States as well as EU non-Member States.
The Fund's assets are invested in the following instruments in line with the legally prescribed requirements:Term deposits and cash in accounts with authorised banks in Bosnia and Herzegovina, the EU Member States (Member States), and other states with maximum tenor of 12 months;
Money market instruments issued by or guaranteed by Bosnia and Herzegovina, the Federation of Bosnia and Herzegovina, Republic of Srpska, or units of local and regional self-government of FBiH and RS, or by the central bank of Bosnia and Herzegovina, EU Member States (Member States), local government units or central banks of the Member States, the European Central Bank, European Investment Bank, non-Member States, federal units in case of federal countries, or by a public international body of which one or more Member States are members;
LT debt securities issued by or guaranteed by Bosnia and Herzegovina, the Federation of Bosnia and Herzegovina, Republic of Srpska, or units of local and regional self-government of FBiH and RS, or by the central bank of Bosnia and Herzegovina, EU Member States (Member States), local government units or central banks of the Member States, the European Central Bank, European Investment Bank, non-Member States, federal units in case of federal countries, or by a public international body of which one or more Member States are members, and LT debt securities of the banks registered in Bosnia and Herzegovina or Member State or non-Member States; Investment funds which primarily invest into low-risk instruments with fixed yield rate issued either in BiH, EU Member States or non-Member States. The Fund's BAM and EUR currency exposure is to be minimum 70% of the Fund's net assets value.The Fund may invest more than 35% of the Fund's net assets in the financial instruments issued or backed by Bosnia and Herzegovina, the Federation of Bosnia and Herzegovina, Republic of Srpska or units of local and regional self-government in FBiH and RS, or by the Central Bank of Bosnia and Herzegovina, a member state, CEFTA member state or OECD member state in line with legal terms and conditions.
Details about value and structure of the units are available here>