Governing Board decisions on investments on 24 June 2021

The Governing Board of the Kosovo Pension Savings Trust, based on the recommendations of the Investment Committee, in the meeting of June 24, 2021 has taken several decisions about investments.

In the part of new investments, it has decided to place investments in the following funds and investment products:

+ € 30m in GLOBAL X US Infrastr. Development ETF US37954Y6730;
+ € 30m in iShares US Infrastr ETFUS46435U7138;
+ € 30m in Vanguard Real Estate ETF US9229085538;
+ € 10m in Pacer Bench Indus ETF US69374H7668;
+ € 20m in USO Crude Oil ETF US91232N2071;
+ € 40m in Invesco DB Base Metals ETF US46140H7008.

While these investments should be financed by:

a) Cash at the CBK €38 million and b) Sales from: Amundi 3M (€70 million), AXA GILB Fund (€29 million) and Vanguard GSI (€29 million).