BdC's Second Fund

BdC’s Second Fund (Money Market Fund)

It is a daily cumulative fund which established since 2009.

Features

• An effective cash management tool.
• Invests in a variety of short term financial instruments such as deposits, term deposits and debt instruments.
• Low risk investments.
• Managed by Beltone, one of the market leaders in fund management.
• Has both, the flexibility of the current account and the returns of the saving account without any duration restrictions.
• Investors can purchase/ redeem a minimum of one certificate with no maximum.

Benefits

• Free tax returns.
• Investors have debit cards issued to access the fund’s account and ATMs can be used to withdraw after closing hours (settlement will occur on the following day)
• Accumulates the daily return without freezing of assets.
• Investors can monitor the fund’s certificate price through:
  • BdC branches.
  • Call Center 16990.
  • Daily morning newspaper.
  • Statements of accounts on a quarterly basis (free of charge).
  • BdC website.
• Reports, financial statements are published semi-annually.

Subscription and Redemption (free of charges)

• Subscription and redemption are available all working days until 2:00 PM.
• Daily access of the fund through BDC branches.