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Public relations section
Management Board of KBC Investment management EAD (previously known as Raiffeisen Asset Management Bulgaria EAD) has decided that, starting from 01.01.2023, the issuance (subscription) of units in the following funds managed by the Company will be temporary suspended:
As a next step after the acquisition of 100% of the capital of KBC Investment Management EAD by KBC Asset Management NV, Belgium on 29.11.2022 and as part of the integration between the two companies, there will be a comprehensive review and evaluation of the product portfolio and its compliance with KBC Group's strategy, the expectations and goals of our customers.
The temporary suspension of the issuence of units means that clients will temporarily not be able to make new investments (subscriptions) in the funds mentioned above. Also, periodic subscriptions to individual investment plans will be temporarily suspended.
The temporary suspension of issuance will not affect in any way the opportunity of redemption in the mentioned funds - it remains as before, and customers can submit their orders online or in all offices of KBC Bank Bulgaria EAD, every working day from 8:30 a.m. to 4:00 p.m.
We will keep you informed about the integration process of KBC Investment Management EAD and KBC Asset Management NV, Belgium!