NA Writing
The “BAI Rendimento Premium Fund”, which was active in the market for one year, since March 25, 2019, generated a return of 17% during this period.
According to a note that NA had access to, at the end of March this year, the BAI bank’s investment fund management company began the liquidation process of the BAI Rendimento Premium Fund, a successful fund, with a total of 95 investors , having raised a monetary supply of Kz 10 billion.
BAIGEST views the Angolan capital market as promising and expectant, valuing the steps that have been taken in recent years, namely the creation of legal, regulatory conditions and technological infrastructures, with a view to strengthening it and, ultimately In addition, make the national socio-economic reality more dynamic.
The BAI Rendimento Premium Fund was approved by the Capital Market Commission on January 23, 2010 and to date, BAIGEST has already launched five investment funds, essentially aimed at BAI clients.