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    • Nataša Marjanović
    • Dragan Filipović
    • Branko Pavlović
    • Mladen Ostojić
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• Fund INDEX
  • Key facts
  • Investment Unit
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  • Tax Treatment
  • Accumulated Assets Withdrawal
  • Transfer of funds
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    • Short Prospectus
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Fund Investment Policy

In accordance to the Law and Decision of the National Bank of Serbia, Delta Generali Index VPF assets will be invested:

1. In euro denominated debt securities and debt securities indexed in euro issued by the National Bank of Serbia and the Republic of Serbia, in euro denominated securities and securities indexed in euro issued by legal entities having the guarantee of the Republic of Serbia - up to 100%;

2. In euro denominated debt securities and debt securities indexed in euro issued by units of territorial autonomy and local government in the Republic of Serbia - up to 20%;

3. In euro denominated debt securities and debt securities indexed in euro issued by legal entities headquartered in the Republic of Serbia - up to 20%;

4. In euro denominated mortgage bonds and mortgage bonds indexed in euro issued in the territory of the Republic of Serbia - up to 30%;

5. In the shares of legal entities headquartered in the Republic of Serbia on A listing of Belgrade stock Exchange, for which exist takeover bid at price indexed in euro – up to 40%;

6. In the shares of legal entities headquartered in the Republic of Serbia that are not on A listing of Belgrade stock Exchange, for which exist takeover bid at price indexed in euro - up to 10%;

7. Abroad - up to 10%, in:

• In debt securities issued by the foreign countries and international financial institutions
• In debt securities issued by legal entities headquartered in EU or OECD state member
• In the shares of legal entities headquartered in EU or OECD state member
• In certificate of deposit issued by banks headquartered EU or OECD state member, on ground of securities deposited;

8. In real estate - up to 15%;

9. In money deposits in euro held with banks – up to 5%;

Up to 10% of total assets can be held on RSD current account in Custody bank, with allowed deviations because of large contributions. Deviations must be averted in period no longer than 5 working days.