Conservative Portfolio

Bulgarian Stocks

Up to 15% of the portfolio's value will be invested in stocks of companies, traded on the Bulgarian Stock Exchange - Sofia.

Foreign Company Stocks

Up to 15% will be invested in stocks of companies, traded on international exchanges:

•  USA – up to 15% of the investments in stocks;
•  Europe – up to 15% of the investments in stocks;
•  Other stocks – up to 10% of the investments in stocks.

Bonds

Up to 100% of the portfolio's value.

Financial Market Instruments

Up to 100% of the portfolio's value.

FX Market

Up to 10% of the potrfolio's value will be invested in spot and forward foreign exchange contracts on margin babsis.

Shares of CIS (collective investment schemes), traded on the Bulgarian Stock Exchange - Sofia

Up to 70% of the portfolio's value.

Financial Derivatives (Futures and Options)

Up to 10% of the portfolio's value will be invested in futures and options accepted for trading on international exchanges.