BT Asset Management S.A.I. launches a new investment fund, BT Fixed Dollar
02 April 2019 Reading time 2:00 minutes

BT Asset Management S.A.I. (BTAM), the third player on the mutual funds market in Romania, launches BT Fixed Dollarits first investment fund with the issue of fund units denominated in US dollars. It is intended for individual or corporate clients who wish to invest in USD, in fixed income instruments, with high flexibility. The predominant investments of the fund are bank deposits in US dollars.
"We added this product to the BT Asset Management SAI product portfolio because we have noticed the growing trend of long-term savings in USD, as well as the recent appreciation trend of this currency against other currencies. We expect the local appetite for saving in US dollars to continue to grow, especially as there are few products of this kind on the market " - says Aurel Bernat, Managing Director, BT Asset Management SAI.
Details about BT Dollar Fix:
- Investment fund mainly in negotiated bank deposits, in dollars;
- Subscriptions and redemptions are made in USD, without commission;
- It aims to achieve moderate growth in conditions of increased liquidity;
- Purchase and redemption commission: 0;
- The investment can be made at any of the more than 500 branches of Banca Transilvania, and the minimum amount at the time of joining must be equivalent to one fund unit. Subsequent investments and redemptions of the BT Dolar Fix fund can also be made online via BT24 Internet Banking and Mobile Banking.
BT Asset Management S.A.I. is the company of Banca Transilvania Financial Group specialized in investment management through open and closed-end investment funds. It currently has 13 investment funds with more than 40,000 active clients and more than 3.6 billion lei under management. Clients have in their portfolio a wide range of financial instruments - government securities, bonds, deposits and shares. BT Asset Management S.A.I.'s market share was almost 16% at the end of 2018.
Details for investors:
Read the prospectus and key investor information before investing in this fund. The information is available in Romanian and English on the BT Asset Management website and at its registered office in Cluj-Napoca, str. Emil Racovita nr.22, Cluj county, Romania, tel: +(40.264) 30.10.36; fax: +(40.264) 41.04.33, e-mail: btam@btam.ro, Reg. ASF PJR05SAIR/120016/29.03.2005, ASF Reg. No. PJR071AFIAA/120003/01.02.2018; Reg. ASF FDI BT DOLAR FIX - CSC06FDIR/120110 of 30.01.2019; Custodian: BRD - Groupe Société Générale.
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