ELANA Cash Fund

ELANA Free Cash Fund offers a conservative strategy through low-risk investments predominantly based on deposits, debt and money market instruments.

Why ELANA Cash Fund?

A mutual fund with exclusively conservative profile in BGN.
Invests in financial instruments with a low risk profile, such as deposits and bonds.
No fees for buying or selling shares, which means frequent depositing and withdrawing of money won’t cost you anything extra.
No tax is paid on profits from the fund (for local persons only).

Recommended investment horizon: Minimum 1 year

The products and services offered by ELANA Fund Management are available only on the territory of Bulgaria. The English version of this website is solely for informational purpose.

Summary

A conservative strategy fund, which invests predominantly in deposits, debt and money market instruments. It offers a relatively good profit for a low-risk investment with a high liquidity profile - depositing and withdrawing of money is allowed at any point, with no fees associated to transactions. Fund profits are exempt from taxation (for local persons only). In the very first year of its existence ELANA Cash Fund (previously ELANA Money Market Fund) was awarded the prize Investment product of 2007 at the international financial fair “Banks. Investments. Money”. The fund achieved the highest results in Bulgaria for 2008.

Risk profile

Conservative

The higher the risk profile of a certain fund, the more advisable it is to invest over a longer period of time.

Parameters

Currency:	BGN
Minimum amount:	N/A
Fund inception date:	2007-10-31 00:00:00

Portfolio Manager

Ivaylo Penev CFA, MBA

CEO and Head of the Asset Management Team

Radostin Bakardzhiev, FRM, CFA

Portfolio manager at ELANA Fund Management

Tihomir Kaundzhiev

Portfolio manager at ELANA Fund Management

Results

0.20%

Monthly

0.88%

Beginning of year

3.79%

For one year

4.19%

For three years

1.37%

For five years

3.02%

Since inception date

1.27%

Standard deviation

The reported returns are annualized (on an annual basis). The standard deviation is calculated on the basis of a weekly change in NAV per share over the period of one year. A higher standard deviation value indicates a higher risk.
Annualized returns show the equivalent annual profits, while taking in consideration the returns historical data over the specified period.
All reported returns are inclusive of fees associated with the management of this fund.

History of NAV per share

Model investment

Turn the percentages into numbers. This calculator will show you projected results for your model investment, based on the parameters you choose.

Total for selected period: Invested amount: 0.00BGN Yield: 0.00BGN Аccumulated amount: 0.00BGN

Prices and fees

Prices and fund status

for 2025-05-16 11:40:21.000

Issuing price per share

168.5349 BGN

Redemption price per share

168.5349 BGN

NAV per share

168.5349 BGN

Fund NAV

10 760 221.02 BGN

Number of shares issued

63 845.6378

Fees

for 2007-10-31 00:00:00

Issuing price per share

0%

Redemption price per share

0%

Management fee

0,75%

Bank details

Depository bank

EUROBANK Bulgaria

ISIN

BG9000015073

IBAN in EUR (€)

BG46BPBI79421076254901

These prices are valid for orders placed before 16:00 o’clock on the previous working day. Buying and selling orders issued before 16:00 o’clock in a certain working day, are considered issued in the same day. Buying and selling orders issued after 16:00 o’clock in a certain working day, are considered issued in the next working day. Transferring the net worth of your investment in another fund managed by ELANA Fund Management is not a subject to any additional fees.