“Focus” funds to be managed by "Citadel"

Investment funds management company "Focus invest" has signed the contract with company "Citadel Asset Management" on transfer of rights to management of investment funds "Focus premium" and "Focus cash fund".

"Focus premium" is the property growth fund, while “Focus cash fund” belongs to the group of the property value preservation funds.

According to the announcement, the decision about transfer of management rights was made “in the best interest of members of the funds managed by ‘Focus’”.

The Securities Commission gave its consent for transfer of management rights at the beginning of May, so that open funds "Focus premium" and "Focus cash fund" will be run by company "Citadel" in the future.