Open-end fund "Naudas Tirgus Fonds" to be listed on the Riga Stock Exchange

20.01.2004 RIG

Riga Stock Exchange Management Board has resolved to list open-end investment fund “Naudas Tirgus Fonds” on the Investment Fund list.

The fund investment policies provide for investing in securities issued by Latvian, Baltic, European Union, European Economic Area or OECD issuers. Fund assets may be invested in debt securities issued or guaranteed by governments, municipalities, central banks, issued by financial institutions or by corporations, as well as in money market instruments and in deposits with credit institutions.

Pursuant to the principles of open-end investment funds, the fund itself will sell and buy back the units. Investment company “Hansa Fondi” is the asset manager for “Naudas Tirgus Fonds”, and “Hansabanka” is the custodian bank.

This is already the fourth fund listed on the Riga Stock Exchange. Currently there are two open-end funds – “Baltic Index fonds” and “Valsts obligāciju fonds”, and one closed-end fund – “Baltijas nekustamā īpašuma fonds” – listed on the Riga Stock Exchange Investment Fund list.


For more information, please contact:
Krista Grintale
Corporate Communications Director
Riga Stock Exchange
Phone: +371 7212431