BT Obligatiuni is an open-end investment fund for fixed income financial instruments. The open-end fund is a product that is addressed to our more conservative customers. Investments are made in such a way that the risks associated with them are as low as possible. Because of this, we propose fixed income financial instruments such as bonds, treasury bills, government bonds or deposits.

In conditions when the stock market shows significant gains that allow for the optimization of the fund's general performance, we can invest as much as 10% of total assets in listed stocks or other fixed income financial instruments. The Emission Prospectus allows for this type of investments, but BT Obligatiuni is dedicated to the preservation of capital and giving our customers the highest degree of safety we possibly can. Thus, the main goal of the fund is the investment in fixed income securities. It must be remembered that investment in fund units represents an opportunity for earnings as well as an assumed risk. Past gains do not represent a guarantee of future performance.

The funds administered by BT Asset Management S.A.I. S.A. are targeted towards both individual customers and companies, Romanian and foreign who do not have sufficient information to make a diversified portfolio that can reduce the risks present in operating on capital markets. The advantages of investing in our funds are the quality services we offer to our clients and our diversified portfolio that reduces the risks present in operating on capital markets and maximizes profits.

  Advantages:

• Offers stability because of the low risk involved.
• Is optimum for conditions of high volatility of capital markets.
• Conserves capital and produces superior gains when compared to usual bank interest.
• Differential levels of taxation for earnings depending on the period of ownership.

  Costs:

• Purchasing fee: 0%
• Redemption fee: 0%
• Management fee: 0.07%/month - this fee is included in the value of the fund unit

The open end investment fund BT Obligatiuni is registered under underNr.Reg.CNVM. CSC06FDIR/120051/10.06.2008, authorization CNVM Decision Nr.1235/10.06.2008,   with the code  ISIN ROFDIN000127.