100 GEL
on Daily Balance
Money Market
fund
8%
Money market assets
Daily
ACTIVE
Overview
Key facts
| Fund type | Open mutual fund |
| Date of inception | March 2024 |
| Fund term | Indefinite |
| Expected annual return | 6-8% |
| Distribution of earnings | Monthly |
| Withdrawal of funds | At any time (without commission) |
| Accrual of interest | On the daily balance |
Risk ratings
Fund Overview
Foresight GEL Money Market FundFund gives you the opportunity to bind your GEL savings for any term and receive interest daily, based on the balance at the end of the day.
in addition, it is possible to invest in the fund with a low minimum contribution, and you can withdraw funds at any time, with a maximum turnaround of one day.
Fund Manager
The fund is managed by the licensed Asset Management Company LLC "Foresight Investment Group", with Vladimer Mestiashvili as the Fund Manager
Fund's Specialized Custodian
In accordance with legal requirements, the Asset Management Company delegates the functions of storing, accounting, and administering the fund's assets to a licensed specialized custodian.
As of March 6, 2024, JSC "Halyk Bank Georgia" (ID 205236537) is designated as the specialized custodian for all assets of the Foresight GEL Money Market Fund, including its cash reserves and securities.
Investor Profile
The fund is intended for individuals, who:
Want to keep money
in GEL for a short time
Who have a low risk tolerance
Want to earn interest
on their short term saving
Want to protect their savings from inflation
Fund Regulation
Foresight GEL Money Market Fund is registered and regulated by the National Bank of Georgia in accordance with the 2020 Law "On Investment Funds".
Company’s Founding Documents
For the fund's Articles of Association, Investment Policy and other documents, contact us.
Any investment in financial instruments involves risks. Past performance is no basis for predicting future results. Before making an investment, a potential investor should carefully analyze the fund's prospectus and related materials, and carefully analyze the risks associated with the financial instruments and their compatibility with his investment objectives and financial situation.
Historical Results of the Fund
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