Decisions of the Governing Board in the meeting held on 15th of June 2017
The Governing Board of the Kosovo Pension Savings Trust in the meeting held on 15th of June 2017, after reviewing situation of all investments and investment funds, and based on the recommendations of the Investment Committee, issued the following decisions:
- Change targets of the Strategic Allocation matrix (cashbox to 5%, and directional shares box to -5%);
- Withdraw €75 million from Vanguard Fund;
- Withdraw €12 million from AXA-OI Fund;
- Engage the Amundi 3M-I money market fund, initially investing €20 million;
- Bid on 2 year Kosovo bonds with €10 million.