Frequently Asked Questions

Yes, we operate under strict regulation by the Securities and Exchange Commission. In addition, investor funds are kept separate from the Company’s own funds and are controlled by the Depository Bank. This means there is dual control and continuous oversight of operations, with clearly defined rules that protect investors’ interests.

Your funds are liquid on a daily basis and you can withdraw them whenever you wish. You simply submit a redemption request to the Company, after which the funds are paid to your transaction account within the legally prescribed period of seven days. This provides flexibility and access to your funds whenever you need them.

Over the long term, equity funds historically offer much greater growth potential that beats inflation. Unlike a traditional savings book where the return is often limited, equity funds invest in companies with growth potential. That’s exactly why they are an alternative for investors who think long-term.

On a daily basis, in addition to the Company, the Depository Bank (custodian of fund assets) also valuates the Fund’s net asset value and verifies whether the issuance and redemption of units is carried out in accordance with the Law and the Fund’s rules. It keeps records of its activities as Depository Bank for each fund separately and regularly reconciles them with the Company’s records. It also reports any breach of the Law to the Commission. The Depository Bank for the funds under WVP Fund Management JSC Skopje’s management is Komercijalna Banka JSC Skopje.

The Funds’ assets are separated from the Company’s assets, meaning your funds do not depend on the financial performance of the Company managing the Fund. In case of company closure or bankruptcy, management of the Funds is transferred to another Investment Fund Management Company. The new Company is selected by the Securities and Exchange Commission of the Republic of North Macedonia. As an investor in a given fund, you retain the right to request redemption of your units and payment of their value to your transaction account.

In case of fund liquidation, the entire portfolio of the Fund is sold and the remaining net asset value is distributed to unit holders proportional to their share in the Fund.

Once you submit a Redemption Request to the Company, the Company is legally required to pay the value of your units to your transaction account within 7 calendar days. You have the right to submit a redemption request at any time. No penalties apply for withdrawing funds earlier than the recommended period.

When a country or a company needs funds for various purposes — investing in new profitable capacities, infrastructure, etc. — it has several options, one of which is issuing a bond, to raise sufficient funds from a variety of investors. In return, it commits to paying bondholders, on a set date, the originally raised amount plus interest, either as a lump sum or in instalments. Bonds typically trade on the secondary market, meaning they have a market price and can be sold before maturity, unless held to maturity.

For a company (Joint-Stock Company) to start operating, it needs equity capital — meaning a number of people (future co-owners of the company) invest part of their money into the company and, in proportion to that investment, acquire ownership of a particular portion of the company, i.e. a certain number of shares. They then share the profit (or loss), as well as decision-making rights, in proportion to the share they own.

At some point one of the owners of that company may need funds, or simply no longer wish to be a co-owner; in that case the owner can sell their portion (shares) of the company on the capital market to an investor who wants to become a co-owner. Large companies — due to the major growth they’ve had in the past, or due to the large capital they’ve raised from many investors — are made up of a large number of shares that trade regularly on the capital market. So today you can easily acquire ownership of part of companies such as Apple, BMW, Microsoft, L’Oréal, Walt Disney, McDonald’s and others.

The WVP Junior Investment Club is divided into three categories: 7-9 years, 12-14 years, and 16-18 years. Members in each group receive free membership and become part of the club. Depending on the group, investors are entitled to attend financial-literacy lectures suited to the relevant age.

All WVP Premium Equity investors under the age of 18, at no additional charge, become part of the club and are entitled to take part in all events organised for the Club.

The funds you invest in the Fund are invested across the entire portfolio; that is, your return depends on the performance of all the securities that form part of that Fund’s portfolio.

Payment following a redemption request is made exclusively to the investor’s transaction account. In the case of an authorised representative, that person can submit documents to the Company on the investor’s behalf, but funds are paid exclusively to the investor’s own transaction account.

Absolutely not. Not even close. Pyramid schemes work in such a way that earnings come from recruiting new members rather than from a real investment. With investment funds, the money is placed in real securities such as shares and bonds. Funds are regulated and supervised by competent institutions, and the assets are managed transparently and in accordance with the law. Investment funds will operate regardless of the number of Macedonian investors and do not depend on attracting new members.

No. One of the most common myths is that investing is only for people with large savings. In practice, investing can start with smaller amounts that gradually grow. What matters is consistency and a long-term approach. With regular investing, even small sums can grow over time. The minimum amount with which you can start is 1,000 denars per month.

Investing always carries some level of risk, but that doesn’t mean it is unsafe or unpredictable. When you invest through a fund, the money is spread across many companies and markets, which reduces risk. Over the long term, equity investments have historically shown growth potential that often outpaces inflation. Some WVP investment funds carry more risk and some less. Before deciding on any of them, read carefully about the level of risk and choose accordingly.

Saving in a bank usually brings a stable but limited return. Investment funds, on the other hand, invest investor funds in the capital markets, which creates the potential for greater growth. The difference is in the goal: saving is for stability, while investing is for long-term growth in the value of your assets. Additionally, it’s important to know that bank savings often fail to outpace inflation, unlike investment funds, which successfully fight it.

Your investment is your own, but professional portfolio managers carry out all the investments on your behalf. They run the investment funds. Their job is to analyse the markets and make investment decisions. Their work is regulated by law and under continuous supervision. This means investors don’t have to track every market or company themselves — making them a practical choice, given the managers’ long-term experience and deep knowledge of investment markets.

Investing usually produces the best results when viewed over a longer time horizon. Short-term market movements can be unpredictable, but over time the growth of companies and the economy is reflected in the value of investments. That’s why many financial strategies are based on discipline and patience. In other words, although global economic flows may appear unstable at times, over the long term they trend upwards.

The most common sign of a suspicious investment is a promise of guaranteed, fast earnings with no risk. In real financial markets there is always a certain level of uncertainty. Regulated investments are transparent, have clear rules and institutional oversight, while scams often rely on pressure and unrealistic promises. WVP investment funds provide a detailed description and explanation of risk factors, are licensed and regulated by the Securities and Exchange Commission, which clearly demonstrates their legitimacy.

Financial literacy helps people understand the basic principles of saving, investing, and managing money, but it isn’t a crucial factor in becoming an investor. The more information investors have, the easier it is for them to understand and recognise risks and financial decisions; but even without that knowledge, professional portfolio managers are there precisely for that reason. In other words, while it’s good to have knowledge, you can become a successful investor without knowing anything about the world of finance and investments.

WVP Fondi is a company with more than 40 years of experience in the world of investing. Austrian precision is enriched with local expertise, which is a recipe for success. The facts speak for themselves: over the past four decades the Company has successfully navigated several volatile periods, including the 2008 global financial crisis.

Behind WVP Fondovi stands an experienced team of top professionals with a proven track record and numerous certifications, both from Macedonia and from Austria. This is the WVP management team — our driving force:

MAG. Rupert Strobl – Chairman of the Board of Directors and Chairman of the Investment Committee of WVP Fund Management JSC Skopje

Petar Andreevski – Chief Executive Officer

Andrijana Popovska – Executive Director of WVP Fund Management JSC Skopje

Blazhe Petreski – Member of the Board of Directors

MAG. Willi Stefan Seibel – Member of the Board of Directors