The assets administered by Raiffeisen Dolar Plus are placed in interest-bearing financial instruments, mainly in euro, lei and dollars.
“40% of the assets are invested in Romanian state paper, 5% are placed in bonds issued by the Bucharest municipality on international markets, some 30% in Raiffeisen Euro Plus and about 25% in bank deposits,” Raiffeisen Asset Management, the administrator of the fund, said in a statement Tuesday.
Raiffeisen Asset Management is the second largest investment fund administrator in Romania, with assets of 3.936 billion lei (EUR0.89 billion) at the end of March and a market share of 21.67%. (EUR1=RON4.4099)