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K+H Bank offers units of Fund Partners Hozamfa 3 shares fund

K+H Bank announced on Monday it is offering a new closed-end guaranteed fund called Fund Partners K+H Hozamfa 3. The fund will offer a fixed minimum annual yield, and investors will also receive additional stock market yields, depending on the performance of a basket of twenty shares from around the world. The tenor of the investment fund is from October 14, 2005 until October 31, 2008. Investors must purchase at least Ft 200,000 of the units. K+H Bank will issue a minimum of Ft 200 million of the units. The funds' units are issued by Fund Partners, based in Luxembourg.