Investment Funds in Nicaragua

An announcement has been made that in April the first short term mutual fund will start operations in the local market, which will require a minimum of $1,000.

Thursday, March 5, 2015

Initially the fund administered by Invercasa will be in cordobas and investment in dollars will be enabled later, with a feature that allows for short-term investments.

Emiliano Maranhao, president of Invercasa Sociedad Administradora de Fondos de Inversión, said "...We expect yields of 2% higher than the average percentage, for example, than what is paid on savings accounts, current accounts do not have interest rates. In this way, 15% of total deposits in the country could be captured, which will favor an industry with strong growth. "

"... Fund managers receive capital from investors and use it to buy various financial instruments which are available, for example, in the stock value market whose yields will be distributed among contributors."

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New Investment Funds in Costa Rica

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Nicaragua: Investment Fund Company Opens

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Reorganization of Financial Funds in Costa Rica

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A special Fitch report on the status of the country's financial funds industry.

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