GE Money Bank has entered the Czech protected funds market this May with GE Money Chráněný fond. The product, which is managed by Budapest Fund Management, is a balanced fund that primarily invests into Central European bonds and Central European and international shares. The fund protects 90% of its highest value on a daily basis.“Investment into GE Money Chráněný fond is a beneficial and relatively secure variant of the free assets appraising at the same time. Because it provides potential for attractive growth, it gives investors freedom,” said GE Money Bank’s funds manager Jana Štědronská. “Additionally, it is possible to invest as a lump-sum or on a continuous basis, with a minimum investment of just CZK300 (€12).”
The applications are available at any GE Money Bank branch. The entry fee is 1.5% of the investment and other transactions are free.
This product will appear in due course in Recent Additions (Czech Republic).
