Advance Invest MF Wins Award for Highest Return from MoitePari.bg

On the eve of the 20th anniversary of its establishment, Advance Invest Mutual Fund won 1st place in the "equity funds" category. Advance Invest, managed by Karol Capital Management, is the first Bulgarian equity fund, established in 2004. His portfolio consists of selected shares of Bulgarian and Romanian companies with excellent growth potential as well as high dividend yield.

Based on the results achieved in 2023. MoitePari.bg prepared its annual ranking by determining the TOP 3 funds in the different risk profiles:

EQUITY FUNDS

The best performing funds in this risk profile were:

1. Advance Invest: +18.0%

2. SKY New Shares: +12.9%

3. Expat Bulgaria SOFIX UCITS ETF: +16.3%

* Ranking is based on achieved 3-year annualized return

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