Decisions of the Investment Committee on March 17, 2025
In accordance with Article 5 and based on Article 9, paragraphs 9.1 and 9.6 of Law No. 04/L-101, amended and supplemented by Law 04/L-115, Law 04/L-168, Law 05/L-116, and Law 07/L-016, as well as in accordance with Article 13, Article 33, and paragraph 1 of Article 41 of the Statute of KPST, and with the Statement of Investment Principles, the Investment Committee of the KPST’s Governing Board, on March 17, 2025, made the following decisions:
1. In the Standard Portfolio shall be invested as follows:
a) 30 million euros in 7-year French Treasury bonds, with a rate of return of no less than 3.1%.
b) 14 million euros in the Vaneck Defense ETF (with ISIN: IE000YYE6WK5).
c) 14 million euros in the Future of Defense ETF (with ISIN: IE000OJ5TQP4).
2. The Intermediate Portfolio shall be invested as follows:
a) Two million euros in Vaneck Defense ETF (with ISIN: IE000YYE6WK5).
b) Two million euros in Future of Defense ETF (with ISIN: IE000OJ5TQP4).
3. The above investments are financed from free funds in the CBK and from funds in the Amundi Euro Liquidity fund.