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БГ
Optimum Fund Enhanced Intelligence

Optimum Fund Enhanced Intelligence

A new era in investment management – the first mutual fund in Bulgaria, which is managed by artificial intelligence – a partnership between man and machine.

Features

  • High liquidity - units can be purchased or redeemed any time
  • Non-taxable profit - the realized return is not taxable
  • Investments/savings diversification - you can allocate your savings into different product types, thus using the advantages of each one of them
  • Institutional protection - control by the Financial Supervision Commission, while the fund’s assets are being kept with a depository-bank
  • Access to specialized markets - access to markets, which are usually closed or too specialized for individual investors

Parameters

KBC Asset Management NV first decides which asset classes, regions, sectors and
themes are eligible for investment. The models then apply a variety of artificial intelligence techniques to the generated expectations or forecasts to help determine on a daily basis the population or diversification of the stock component and bond component across the eligible regions, sectors and themes. Use can also be made of sentiment data to determine the content and the spread of the stock component. Examples of this can be the sentiment expressed in news articles or the quantity of publications about a particular company.

The influence of artificial intelligence is more limited for populating the bond component
than for the stock component or for determining the allocation between asset classes (for more details, see the ‘selected strategy’ section in the information concerning this sub-fund in the prospectus).

However, the fund manager may decide at any time not to follow the models or to follow them only partially. Human intervention is more likely in exceptional circumstances. It is possible for the fund to invest in asset classes that are not included in the target allocation. The stock component is invested in a worldwide selection of shares. The bond component is invested in a worldwide selection of bonds. The credit rating* that the bond component must meet is set out in the prospectus (for more details, see the 'Investment details' section in the information concerning this sub-fund in the prospectus). Investments in both components may be made in any region, sector or theme.

 

Fund type Balanced
Risk indicator 4, based on a scale from 1 (low risk) up to 7 (high risk)
Investment focus: Shares, bonds, cash, debt securities and government securities
Recommended investment horizon of 5 years
Initial offerring start date 30.11.2020
Minimum one-off investment EUR 10 000 
Currency EUR
Depository Bank UBB
Issuance fee 0.00%
Redemption fee up to a 1-month holding period 5%
Redemption fee after a 1-month holding period

No

Ongoing charges 1.529%
of which inducements 0.938%
Transaction costs 0.310%
Unit price See here

IMPORTANT! This information contains marketing material and does not constitute investment consultation, advice, investment research or investment recommendation and should not be treated as such. The information is valid at the date of its issue and may change in the future. The value of the units of the collective investment schemes changes over time and may be higher or lower than the value at the time of the investment. No profits are guaranteed and there is a risk for investors not to refund the full amount invested. Therefore, it is advisable for investors to get acquainted with the specifics of the financial instruments in which they wish to invest and to assess how appropriate they are to meet their investment objectives and risk appetite before making an investment decision. The offered investment product concerns the purchase of units in a fund rather than any instruments, in which the respective fund invests in. Investments in collective investment schemes, offered by UBB, are guaranteed by the Investor Compensation Fund, amounting to 90% of the value of all financial instruments held by the investor in UBB, but not more than BGN 40,000. Please, read the Key Investor Information Document and the Prospectus before investing. Upon request, you can receive a paper copy of these documents, free of charge, at all UBB branches, within their normal working hours with clients. Full and up-to-date information about the funds, offered by UBB, can be found at www.ubb.bg, in the section "Savings and Investments", on the website of KBC Asset Management NV - Branch  www.ubbam.bg, as well as in the UBB branches, where you can get a personalized investment advice. A summary of your rights as an investor is available at the following hyperlinks, in Bulgarian: 11074.pdf (ubbam.bg) and in English: 11365.pdf (ubbam.bg).

Documents

Optimum Fund Enhanced Intelligence

  • Basic documents here
  • PRIIPS KID in force from 01.01.2023 here
  • Past performance document here
  • Performance scenarios document here
  • Monthly bulletin including the portfolio structure here

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UBB Mobile is a specialized application for mobile devices – mobile phones and tablets with operational system Android and iOS.

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