Astra Asset Management took out a license for management of three mutual funds

At a session held on September 23rd, 2008 the Financial Supervision Commission gave permission to Astra Asset Management for administration and management of three mutual funds – Astra Cash, Astra Balance, and Astra Plus. Astra Plus has moderate to high risk profile. The Fund will invest predominantly in stocks in regulated markets in the country and abroad. Astra Balance has moderate risk profile and will invest in debt and equity securities. Astra Cash has low risk profile and is focused on bank deposits and other money market and fixed income instruments.