Advance Invest UCITS is awarded best mutual fund by Investor.bg for second consecutive year
THE FUND MANAGED BY KAROLL CAPITAL MANAGEMENT TOOK THE 1ST PRIZE IN THE “EMERGING MARKETS FUNDS” CATEGORY
For a second year in a row, Advance Invest, managed by Karoll Capital Management, is the most successful fund in Bulgaria in the category “Equity Funds, Emerging Markets” in the ranking of Investor.bg, which was presented today within the eighth edition of Investor Finance Forum.
Another two of the UCITS funds managed by Karoll Capital Management found their place in the top 10 in the same category - Advance Emerging Europe Opportunity in fourth place and Advance Eastern Europe in seventh. Advance Eastern Europe is among the best performing among all Bulgarian funds with 24.66% increase YTD as of 28.11.2019.
Invetor.bg is a leading financial media in Bulgaria and is awarding the best performing funds for the fourth consecutive year. The ranking used data for 110 mutual funds managed by 28 asset management companies. According to the criteria, only funds created before December 31, 2015 and with net assets over BGN 500,000 for the previous six months - a total of 90 funds - can participate in the final ranking. The funds are grouped into seven categories, divided by risk profile.