Excel, a leading group in investment banking services, launched its Dynamic Open Investment Fund for short-term placements.
The Excel Dynamic FIA It is an investment instrument that offers attractive returns and flexible access to resources, which is an ideal option for those who looking to maximize their investment.
The minimum investment required for this new fund is RD$20,000placed at a term of 60 days, which makes it the first in its category to offer such a term.
“At Excel we have the purpose of promoting the development of the stock market in the country. We continue to innovate and make available to investors attractive alternatives like this one, which is part of the strategic growth plan,” he said. albert crosspresident of Excel.
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With this new product, the aim is to promote the growth of the equity market in the Dominican Republic, due to its attractiveness as an investment instrument, short-term, profitable and managed by a team of proven experience.
The Dynamic FIA Excel is called to be the alternative of the short term investments of the traditional market, by offering attractive yields and high accessibility of funds, also satisfying the need of clients who are looking for options of more flexible deadlines.
About Excel Open Funds
The Open Funds have an indefinite duration. Its equity and number of participation quotas are variable and redeemable directly by the funds, through the company that manages it. They offer their contributors an investment alternative through a mechanism that invests in certificates of deposit, mainly through short and medium term.
In addition, it invests in securities of fixed rent and values of equities.
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