Governing Board decisions on investments on 24 January 2022

The Governing Board of the Kosovo Pension Savings Trust, based on the recommendations of the Investment Committee, on January 24, 2022 has taken the following decisions:

1. To withdraw the entire investment from AXA GILB;
2. To invest €12 million in each of the following trading funds: Lyxor Euro Stoxx Banks ETF, iShares Edge MSCI Europe Value ETF, Invesco KBW Bank ETF, Vanguard Value ETF;
3. To invest €46 million in the USO Oil ETF tradable fund;
4. To invest €40 million in the Nasdaq QQQ ETF tradable fund if the Nasdaq Composite Index falls to 13,750, and an additional €50 million if the Nasdaq Composite Index falls to 13,000.