DV Balance is a mutual fund that aims to ensure an increase in the value of investments in real terms at a moderate level of risk that is why the Fund follows a balanced investment policy. DV Balance is intended for investors looking to grow their investments by combining a stable income from investments in fixed income securities and realizing capital gains from investments in public companies' shares.
DV Balance issues two classes of units: units of Class A (Harmony) and units of Class B (Treasure). The investment in units of Class A (Harmony) is suitable for both individual and legal entity investors, incl. institutional investors. The investment in units of Class B (Treasure) is intended for children under 18 y.o. and at the request of the investor, the investment can be continued after the age of 18.
All DV Balance units give the same rights to its investors, except for the differences in the issue and in the redemption price in accordance to Section III of the Rules of the DV Balance, published on this website.
| Units' Prices of DV Balance | ||
|---|---|---|
| Class A (Harmony) | Class B (Treasure) | |
| Issue price | BGN 11.2267 |
BGN 11.2099 |
| Redemption price | BGN 11.1931 |
BGN 11.20991 BGN 11.09782 BGN 10.76153 |
| Net Asset Value per unit | BGN 11.2099 |
|
| Net Asset Value | BGN 1093089.33 |
|
| Prices are valid for orders placed on: 07.10.2024. | ||
The expenses for the issuance and redemption per unit of DV Balance – Class A are 0.15% and 0.15% of the net asset value per one unit and they are included in the prices quoted above.
There are no issue costs for the units of DV Balance – Class B. The redemption costs per one unit of DV Balance – Class B depend on the period of the investment and are:
¹ 0% provided that the child has completed 18-years of age and the investment is for a period over 5 years;
² 1% provided that the child has completed 18-years of age and the investment is for a period of 5 years;
³ 4% provided that the child is below 18-years old.
Prices are calculated on a NAV per unit for 08.10.2024
| Yield of DV Balance | |
|---|---|
| Yield from beginning of the year* | 16.36% |
| Yield since inception** | 0.61% |
| Yield for the last 12 months** | 18.45% |
* for the period
* * on an annual basis
| Units' Prices of DV Balance - Class A for transferring | |
|---|---|
| Issue price (if transferring from DV Dynamic) | BGN 11.3052 |
| Prices are valid for orders placed on: 07.10.2024 | |
The expenses for the issuance per unit of DV Balance - Class A (Harmony) are 0.85% (if transferring from DV Dynamic) of the net asset value per unit and they are included in the prices quoted above.
There is no provision for the transfer of DV Mutual funds’ units to the units of DV Balance – Class B (Treasure).
There is no provision for the transfer of units of the DV Balance - Class B to the units of DV Balance - Class A and vice versa.
| Investment policy | balanced |
| Investment purposes | the investment value in real terms with moderate risk levels |
| Risk profile | moderate |
| Investment portfolio | debt securities and bonds |
| Assessment of units and assets | every business day |
| Active management of the portfolio | |
| Government securities | Up to 70% |
| Corporate bonds | Up to 60% |
| Covered bonds | Up to 50% |
| Municipal bonds | Up to 50% |
| Stocks | Up to 50% |
| Bank deposit | Up to 50% |
| Mutual Funds | Up to 80% |
| Оther collective investment undertakings | Up to 30% |
The depository bank executes the following functions:
United Bulgarian Bank JSC is the depository bank of DV Balance.
Investment intermediary
The investment intermediary intermediates during purchase and sale of securities and other financial instruments for the mutual fund. DV Invest EAD is an investment intermediary of DV Balance.