Governing Board decisions on investments on 16 November 2020

The Governing Board of the Kosovo Pension Savings Fund, based on the recommendations of the Investment Committee, has taken the following decisions regarding investments on November 16, 2020 in Pristina:

1) Partially withdraw funds from: Nordea GSE (in the amount of €56.0m); Vanguard GSI  (in the amount of €52.0m); iShares S&P 500 Minimum Volatility EF (in the amount of €14.1m); iShares MSCI EU Minimum Volatility EF (in the amount of €19.2m), and Invesco QQQ Nasdaq ETF (in the amount of €59.5m).

2) All the above funds will be invested in the money market.