Two of the four products are funds with a predetermined time horizon, which is a first on the Romanian market.
The new funds are called BRD Orizont 2035, BRD Orizont 2045, BRD Oportunitati and BRD Euro Simplu and they join the other eight funds the company already manages.
BRD Orizont 2035, BRD Orizont 2045 are the first Target Date Fund (TDF) or Funds with Predetermined Time Horizon launched in Romania.
On the Romanian market, BRD Asset Management had a market share of 17.9% at end-July 2022, having 110,000 customers at the 12 funds it manages. The company’s net assets are worth RON4.9 billion.