The objective of Sub-Fund is to achieve a balanced growth of the Sub-fund’s assets. Up to 100 percent of Sub-fund’s assets are invested into debt securities of developing European country governments and companies indicated by the credit analysis as the most promising. The assets of the Sub-Fund should be invested in those corporate and government bonds that are most promising according to credit analysis and those operating in the Central and East European region (stock exchanges and markets). The Sub-fund combines the riskier (bonds of companies) and safer (bonds of governments) investments in order to protect the value of assets and to ensure a stable return on investment. The investments of the Sub-fund are not limited by any industry. The Sub-fund may invest in bonds with different maturity and credit rating.
