PSZÁF registers HVB Triatlon 2 fund
Friday, November 4, 2005, 16:46
The State Financial Supervisory Authority (PSZÁF) announced on Friday it registered the HVB Triatlon 2 fund, issued by HVB Bank's fund manager CA-IB Fund Manager, with starting assets of Ft 4.95 billion. The investment fund's subscription period was closed on October 21. The fund runs from October 27, 2005 until April 30, 2009, and payment takes place on May 15, 2009. The fund invests in shares, commodities (such as oil, gold and aluminum), real estate and the money market. Investors' yield will correspond to the return of the best-performing portfolio. HVB guarantees repayment of investors' principal. The bank's first Triatlon fund was launched in May 2005.