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BCR Administrative Society of Mutual Funds S.A.
 

Real State Development Mutual Fund

 ¿Who is it directed to?

Only for institutional investors, or financial and securities intermediaries, international organizations, mutual funds, retirement funds and trusts that work like retirement or mutual funds and sophisticated investors, in both cases, national as well as foreign, with a horizon of investment of medium to long term and that wishes to participate in a portfolio of projects of Real Estate development in different stages of design and construction.

Investment Amount

Nominal value of a participation $50.000

 

Distribution of returns

Once the expenses are deducted, as well as the reserves; and the corresponding taxes of the Fund are paid, the Fund will distribute the net returns of the liquidation of the projects of Real Estate development, including the capital earnings and losses that correspond originally from this sale and the rents generated by the portfolio of rented buildings in the positioning process, as well as, the returns of the securities and the profits of the acquired stocks, such distribution will be done in case the utilities exist to be distributed concerning the Fund, based on the audited financial statements.

The distribution of returns must take place before 45 working days after the liquidation of  the project of Real Estate development.

Investment Policies

See in each Prospect.

 

View prospect (Available in Spanish only)

 

Telephones:  2520-8111 / 2520-8104
Fax:  2291-2500 / 2291-2502
E-mail:  bcrfondos@bancobcr.com

 



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