The Montenegro Capital Market Authority approved an application by fund manager Erste Asset Management d.o.o. (Zagreb) to allow the public offering and trading in Montenegro of units in the UCITS fund Erste Horizont II, an open-ended investment sub-fund. Erste Horizont II is a fixed-term fund maturing on 26 September 2028 and targets a minimum total return of 4.35% (around 1.59% on average per year). The strategy invests primarily in debt securities and money market instruments, with a smaller share in deposits, with an objective of stable returns, controlled risk and preservation of principal to maturity.
Montenegro Capital Market Authority 2025-11-13
Montenegro Capital Market Authority authorises trading of Erste Horizont II UCITS fund units with a 4.35% target return to 2028
The Montenegro Capital Market Authority has approved Erste Asset Management d.o.o. (Zagreb) to publicly offer and trade units of the UCITS fund Erste Horizont II in Montenegro. The fund, maturing on 26 September 2028, targets a minimum total return of 4.35% and primarily invests in debt securities and money market instruments.