Fondo Crecimiento, a new way to invest - La Nación

CADIEM presents Fondo Crecimiento, a new way to invest

Fondo Crecimiento is a new alternative for all types of people who wish to become investors with a medium-term investment horizon starting at Gs. 10 million with no entry cost. It has professional backing, competitive yields and a medium-term investment horizon. The portfolio is diversified in government securities, national companies, trusts and financial institutions.

The Growth Fund is a collective investment tool through which CADIEM distributes contributions among different fixed income instruments issued by the Central Bank of Paraguay, national companies, trusts, financial entities and National Treasury Bonds. We offer our clients the possibility of putting their money to work with a competitive profitability through a mutual fund approved and regulated by the National Securities Commission, which for the first time in our market has a medium term investment horizon,? said the economist César Paredes, president of CADIEM Administradora de Fondos Patrimoniales S.A.

The minimum amount to initially access this tool is 10 million guaraníes, and a minimum of 5 million guaraníes for additional contributions. The minimum recommended investment term is 3 years, although partial or total redemptions can be made at any time. It should be noted that there are rewards for permanence and charges for redemptions, therefore, the longer the investment period, the higher the yield. We are pleased to implement novelties in the Paraguayan market, where more and more people are opting for this type of instrument. Four years ago we launched the Mutual Fund Available in Guaraníes, which today has more than 1,300 satisfied investors. These products offer great advantages and complement the more traditional investment alternatives," said Econ. Elías Gelay, president of Cadiem Casa de Bolsa. CADIEM has a track record of 15 years since it started at the very beginning of the stock market in Paraguay. Currently, it stands out for its vast experience in the contribution of modern and efficient financial solutions adjusted to the different needs and profiles of its clients.