Governing Board decisions on investments on December 2019

Based on the recommendations of the Investment Commission, the Governing Board of the Kosovo Pension Savings Trust approved the following pension funds transfer:

1. To make the following new investments after December 15 and confirmation from the Board:

a. BNY Mellon €39m;
b. BNP Parvest €50m;
c. S&P 500 Quality ETF (new) €48m;
d. Nordea GSE €58m, executed in three phases, or all at once, depending on the markets value.

2. These Investments under to be financed from cash at CBK and the rest from Amundi-3M.