The OTP start-up fund is a short-term bond fund (UCITS fund) that invests mostly in Croatia kuna denominated government bonds, and then in money market instruments and deposits whose average maturity is less than 3 years.
Denomination of the fund is in Croatian kuna (HRK).
For whom the fund is intended for?
- The fund is intended for investors who are willing to take less risk and achieve a slightly higher return than in the money market by investing in assets that are low volatile.
- The recommended investment period in this fund is six months, which means that it is suitable for investors who cannot plan long-term savings.
- Technical characteristics
- Fund documents
- Tabular unit prices display
|Currency of denomination:||HRK|
|First payment to the Fund:||minimum 1.000,00 HRK (one thousand kunas)|
|Next payments:||minimum 100,00 HRK (one hundred kunas) provided that the investor has a minimum investment of HRK 1.000,00|
|Commencement of the Fund:||27.12.2005.|
|Management fee (annually):||untill 31.08.2022. 0,45%; otherwise 1,00% of the total assets of the Fund|
|Entry fee:||free of charge|
|Exit fee:||free of charge|
|Deposit bank:||OTP banka d.d.|
|Deposit bank fee (annually):||0,09% of the total assets of the Fund|
The day of payment is considered to be the working day of receipt of the investor's funds on the Fund's account, for receipts received up to and including 16:00. For receipts received after 16:00, the day of payment is considered to be the next working day.
For more information on how to place a standing order in the internet banking application of OTP Banka ELEMENTA, click on the following link. For all those who do not have the ELEMENTA application activated, they can place a standing order in all OTP Bank branches.