| Status Capital launches its first fund |
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12 April 2006 The Management Company Status Capital was issued a license by the FSC to manage the assets of the mutual fund Status New Shares. According to the prospectus the fund will invest up to 90% of its
assets in shares of Bulgarian and other companies from the Balkan
region. The company’s intentions are also to participate in the
purchase of shares of brand new companies and tradable rights, but the
accent will be put on participation in privatization. The offering of
the units will start next month and their nominal price will be 1 BGN. |