YEREVAN, November 28. /ARKA/. CQ Armenia Growth Fund said in a press statement today that it offers its investors to have an exposure to a transforming and growing economy of Armenia – a frontier market country with democratic form of government, macroeconomic stability, low inflation and modest deficits and external debt.

It said the main investment objective of CQ Armenia Growth Fund is to provide investors with long-term growth in asset value by investing up to 25% of fund assets in equities, equity funds and equity-equivalent instruments, and the remainder in bonds, money market instruments, deposits and other assets. At least 60% of fund assets are to be invested in the Armenian Dram (AMD) denominated securities.

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Armenia’s Central Bank said today it has awarded a license to C-QUADRAT AMPEGA ASSET MANAGEMENT joint stock company to manage investment funds. The regulator said its board had registered this company on November 29

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