ELANA Eurofund

ELANA Eurofund has won a number of awards for its exemplary performance in the category of conservative funds. Since its start, it has registered returns of close to 4% on an annual basis. A mutual fund with a conservative strategy aimed at preserving the buying power of your money.

Why ELANA Eurofund?

A mutual fund with a conservative profile – invests predominantly in financial instruments with a low risk profile, such as deposits and bonds. A small component of 20% in stocks is kept to provide an opportunity for returns higher that those of bank deposits.
Secures a leading position among conservative funds in the national chart of Investor.bg for the period between 2016-2024, as as a place in top 3 on the national chart of Moitepari.bg for the period between 2014 and 2023.
You can deposit and withdraw funds at any point of time.
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.

#1 for 2016, 2017, 2018, 2019 and 2022 in the chart by Investor.bg in the "Mixed Conservative Fund" category.

Summary

ELANA Eurofund is a mutual fund with a conservative profile in Euro. Invests predominantly in bonds, money market instruments, alongside with up to 20% invested in shares, when the right market conditions are present. This fund is suitable for investors who prefer to keep a low risk profile, whole achieving profits higher than those registered by traditional saving products.

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:	EUR
Minimum amount:	N/A
Fund inception date:	2009-07-01 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

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 2009-07-01 00:00:00

Issuing price per share

0.0000

Redemption price per share

0.0000

NAV per share

0.0000

Fund NAV

0.00

Number of shares issued

0.0000

Fees

for 2009-07-01 00:00:00

Issuing price per share

до 1,5%*

Redemption price per share

0%

Management fee

1%

Bank details

Depository bank

EUROBANK Bulgaria

ISIN

BG9000006098

IBAN in EUR (€)

BG14BPBI79421079475101

IBAN in BGN (BGN)

BG93BPBI79421479475101

The quoted price for ELANA Eurofund is for amounts up to 50 000 EUR; You may get detailed information on prices, depending in the threshold you fall in on the following link: Prices per share

* Issuing prices per share

1.5 % - for investments of up to EUR 49 999.99
1.0 % - for investments of EUR 50 000.00 up to EUR 149 999.99
0.5 % - for investments of EUR 150 000.00 up to EUR 249 999.99
0.0 % - for investments equal to or more than EUR 250 000.00

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.