The Dual Package is a saving and investment instrument for individuals, which offers the possibility of placing money in an advantageous way in two different products:
Currency: RON
Minimum amount: RON 1,000, out of which RON 500 are placed into the term deposit and RON 500 in the investment fund.
Term deposit:
- Maturity: 3 months, without automatic rollover
- Fixed interest, highly advantageous:
- 10% per year, calculated daily and paid at maturity
- at maturity, the accrued interest and the deposit amount are automatically transferred in the current account
- Later deposits: not allowed
- Partial withdrawals: not allowed
- Early redemption:
- is allowed at any time
- no penalty fee
- at redemption, you receive exclusively the deposit amount
INTEGRO investment fund:
- open-end investment fund, managed by Pioneer Asset Management
- balanced fund, with investments in both fixed income instruments (bank deposits, bonds, state bonds), as well as in listed shares
- The recommended investment period: at least two years. You can withdraw your money from the fund at any time, but it is recommendable to place it for a longer period of time.
- In order to invest in the fund, please visit any Millennium Bank branch.
- If you want to withdraw money from the fund:
- you can do it at any time, regardless of the deposit maturity
- without paying a penalty fee
Fees:
- Opening the deposit: zero
- Deposit administration: zero
- Investing in the fund: 2,5% of invested amount
- Withdrawal from the fund: zero
Legal notes on Investment Funds
INTEGRO: open-end investment fund, authorized by CNVM through the Decision no. 4220/02.12.2003, with the registration number in CNVM Register CSC06FDIR/400003.
Fund manager: Pioneer Asset Management SAI S.A authorized by CNVM through the decision no. 238/16.01.2004, enrolled in the Trade Register under the no. J40/15112/11.11.2003, Fiscal Identification Code 15889522, registration number in CNVM Register PJR05SAIR/400007, headquartered in Bucharest, Dacia Blvd., 56, Building B, 1st Floor, District 2, phone: 021 210 0016, fax: 021 210 5017 e-mail: office@pioneerinvestments.ro, website: www.pioneerinvestments.ro.
Depository: ING BANK NV AMSTERDAM - SUCURSALA BUCUREŞTI, a branch registered in Romania, headquartered in Kiseleff Road, no. 11-13, District 1, Bucharest, authorized as Depository through CNVM decision no. 146/28.01.2008, with the registration number in CNVM Register PJM10DEPMNLD0001/ 28.01.2008.
Distributor: Millennium Bank is the distributor of INTEGRO open-end investment fund and performs this activity for and on behalf of Pioneer Asset Management SAI S.A. based on the CNVM notice no. 20/22.06.2010.
Funds imply not only specific advantages, but also the risk of failing to achieve their objectives, which includes losses for investors. The returns from investments are usually proportional to the risk level. Read the prospectus before investing in this fund. The fund's previous performance does not guarantee future results.
For more details on funds (issuing prospectus, subscription form, activity reports) you can contact our consultants from Millennium Bank units. You can also get additional information at Pioneer Asset Management SAI S.A. headquarters or directly on the site www.pioneerinvestments.ro.