Novelty savings program from HVB Bank

The investment fund component of the program is launched by CA IB Fund Management.

The new savings program of HVB Bank, HVB One Step Ahead, mingles the safety of bank deposits with the chance of higher returns offered by investment funds.

When entering HVB One Step Ahead Sanings Program, 50% of clients? savings is allocated into a 3-month, automatically renewed time deposit. The deposit interest rate of this part of the savings is 7,35% for the deposits engrossed until 30th of September. The other 50% of the savings is placed into HVB One Step Ahead Investment Fund. The investment goal of the fund is to ensure a competitive return compared to money market investments.

The fund manager of the HVB One Step Ahead Investment Fund, CA IB Fund Management, reckons that the best way to reach this goal is to invest into real estate funds, though other moderate risk elements may also be present in the fund?s portfolio.

To enter HVB One Step Ahead Savings Program the minimum sum is only HUF 100.000. Another advantage of the program is that it gives the opportunity to its investors to place further savings continuously.

HVB One Step Ahead Savings Program is an ideal savings solution for those who:

• would like to realize a higher return than by time deposits while interest rates are decreasing
• would feel inclined to try an alternative investment solution, but do not want to assume significant risk
• seek for a short term savings construction keeping flexibility

Clients can give orders about savings already in the program, or those to be entered, in the branches of HVB Bank or through HVB Telefonbank.