Pēd. atjaunots: 26.11.2024 23:59 (GMT+2)

Fund Units First Listed on the Riga Stock Exchange Official List

21.04.2001, , RIG

Starting with today, April 17, Baltic Index open-end fund units will be
listed on the Official List of the Riga Stock Exchange. This is the
first investment fund in Latvia listing its units on the stock
exchange.

Baltic Index Fund
assets are managed by investment company Baltikums Asset Management , a
Baltikums Finance group company. Baltic Index Fund assets are invested
in equities included in the Baltic Index composition. Apart from that,
assets may be invested in government debt paper, issued and guaranteed
by the governments of the Baltic and OECD countries.

Starting from today, the Riga Stock Exchange will publish on its
Internet website <a href='http://www.rfb.lv' target='_blank'>http://www.rfb.lv</a> and daily bulletin the buy and sell price
for the fund units, other features associated with the Fund, as well as
the Fund investment strategy. Pursuant to the provisions set forth for
open-end funds, the units will be traded directly by the fund.

Guntars Kokorevičs, President, Riga Stock Exchange: "Listing of
open-end fund units on the exchange is a logical step in terms of
market development in Latvia and a contribution towards establishing
investment culture. People, without going into the intricacies of
capital markets, will be able to participate in formation of a
diversified and safer investment portfolio".

More information:
PR Department Director
Riga Stock Exchange
Tel. +371 7 212 431

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