Governing Board decisions on investments on 5 June 2020
Based on the recommendations of the Investment Committee, the Governing Board of the Kosovo Pension Savings Trust approved the following decisions: 1) To initiate an investment in Invesco QQQ Trust ETF by €30m or 1.5% of total assets; 2) To increase the allocation in NORDEA GSE by €25m or 1.3% of total assets; 3) To increase the allocation in Vanguard GS by €10m or 0.5% of total assets; 4) To increase the allocation in BNY Mellon Real Return by €30m or 1.5% of total assets.
To finance these investments will be used €85 million, which have been withdrawn from ERSTE, and €10 million from uninvested funds, which were in the CBK.