News

ADVANCE INVEST (BSE: ADVANC) – the first Bulgarian open-ended equity fund – reported today 19.04% annualized return for the first 6 months following its IPO. The fund debuted with an issue price of...

The fund debuted with an issue price of BGN 1.05, and the current price is BGN 1.15. The fund’s NAV has almost doubled since inception, while the number of fund shareholders has increased tenfold.

After the first signs of more active trading with ADVANCE INVEST shares in the beginning of the week, at today's session the fund was the focus of investors' interest.

The first trade with ADVANCE INVEST shares on the Bulgarian Stock Exchange is now a fact. Today (Sept 10, 2004) 1000 shares of the fund changed hands at a price equal to the latest issue price (NAV...

Board of Directors of the BSE-Sofia has decided to register the Advance Invest issue of shares for trading on the Unofficial Market of Equities of the BSE-Sofia