Governing Board decisions in the meeting of December 8, 2016

The Governing Board of the Kosovo Pension Savings Trust in the meeting of December 8, 2016, having reviewed the performance of investment funds as well as the overall performance of KPST, took the following decisions:

1. Invest in the following term deposits for 1Y only:
– €8m in BPB;
– €8m in BKT; and
– €4m in TEB.

2. Sell €65m from BNY Mellon;

3. Invest:
– €20m in Vanguard
– €15m in Pictet
– €10m each in Amundi, BNP Parvest and Schroders GDG.