The open investment fund that has heretofore been known as DnB Target Fund has been renamed and is now DNB Reserve Fund. This is an appropriate form of investment for those for whom it is important to preserve the value of their savings while value increases in line with a low level of risk, but do not know the precise time horizon of their investment.
The new name of the fund characterises its essential purpose – to be a secure and stable type of investment which ensures quick access to the invested resources. Investments in the DNB Reserve Fund have a low level of risk which is ensured by investing the fund’s resources in the most secure financial instruments of all – term deposits and bonds with high credit rating.
Besides the change of the name other amendments to the prospectus, shortened prospectus and Rules of Management of DNB Reserve Fund are in force so as to ensure that the fund continues to satisfy new Money Market Fund criteria. You can study the new documents here:
DNB Reserve Fund prospectus (new version)
DNB Reserve Fund shortened prospectus (new version)
DNB Reserve Fund Rules of Management (new version)
You may fill out DNB Reserve Fund trading order at any DNB bank branch. More detailed information about the fund can be found here, at any DNB bank branch.
