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The assets of ADVANCE INVEST Mutual Fund exceeded BGN 13 mln. In just one month, the fund added over BGN 2 mln.
ADVANCE INVEST Mutual Fund has just become the largest Bulgarian fund with NAV of BGN 7.7 mln as of Jan 13, 2005.
ADVANCE INVEST realized 38% return in 2004. This is the highest return among all Bulgarian mutual funds, and is even higher than the yearly SOFIX index
The latest NAV of ADVANCE INVEST stands at BGN 5.169 mln. The open-ended fund, founded in 2003-end with BGN 2.050 mln at inception, launched its IPO on May 10, 2004.
Mr. Ganev, six months have passed after your initial public offering. What is the return realized by Advance Invest? Where are you ranked among the rest of the funds regarding this...