The shares/units of the TBI Mutual funds are sold and/or redeemed on request by the investors every business day from 8.30 a.m. to 5.30 p.m. and upon sale of the shares/units of the TBI Mutual funds the shareholders/holders of units cash in the yield accrued till that moment.

The income of the natural person and legal entity from the purchase and redemption of shares/units of the TBI Mutual funds IS NOT SUBJECT TO TAXATION.

The prices of the shares/units are determined daily and are published in the newspapers “Pari”, “Dnevnik” and are posted on the website of TBI Asset Management.

Purchase of the shares/units of the TBI Mutual funds:
Investors purchase shares (of the investment company TBI Eurobond) and/or units (of contractual funds TBI Comfort, TBI Harmony, TBI Dynamic and TBI Treasure) in the offices of the asset management company TBI Asset Management in accordance with the following procedure:
The desired amount earmarked for the purchase of shares/units is transferred by means of a bank transfer to the account of the relevant fund
An order for the purchase of shares/units may be placed every business day between 8.30 a.m. till 4 p.m. at the offices of TBI Asset Management, in person or through an attorney. Orders for the purchase of shares/units may be accepted also in the interval between 4 p.m. to 5.30 p.m. and these orders will be executed at the price at which orders accepted until 4 p.m. of the following business day will be executed
The order becomes irrevocable as at 4 p.m. of the day of its placement and it is executed within a time period of three business days
The purchase order is executed after the cash is credited to the account. The price at which the shares/units are subscribed/sold is published during the business day following the day of placement of the order
A written confirmation for the execution of the order is issued not later than three business days
A depositary receipt issued by the Central Depositary with regard to the purchased shares/units is received not earlier than ten business days after the date of execution of the purchase order

Redemption of shares/units of the TBI Mutual funds
The investors may redeem part or all purchased shares/units of the TBI Mutual funds at the offices of the asset management company TBI Asset Management in accordance with the following procedure:
An order for the redemption (buy back) of shares/units may be placed every business day between 8.30 a.m. till 4 p.m. at the offices of TBI Asset Management, in person or through an attorney. Orders for the redemption (buy back)  of shares/units may be accepted also in the interval between 4 p.m. to 5.30 p.m. and these orders will be executed at the price at which orders accepted until 4 p.m. of the following business day will be executed
The order becomes irrevocable as at 4 p.m. of the day of its placement and it is executed within a time period of three business days
The order is executed at the price at which shares/units are redeemed/bought back during the business day, following the day of placement of the order
A written confirmation for the execution of the order is issued not later than three business days
Upon redemption only of part of the purchased shares/units, the investor received a issued by the Central Depository for the remaining and unredeemed shares/units. The depositary receipt is received not earlier than ten business days after the date of execution of the redemption order