12:55 - 6.04.2023
April 6, Fineko/abc.az. Investment company Invest-Az, which cannot use its assets, conducts forex training and a seminar on ways to earn money for its clients for 24 hours every weekday.
ABC.AZ reports that Invest-Az was unable to implement one of the 4 types of investment instruments "asset management".
But the company gives advice to its customers about this.
At the end of 2022, the return on assets of Invest-Az decreased by 32% in 1 year. The company, on the other hand, advises its "asset management" clients that their money will be invested in a diversified investment portfolio by a professional fund manager. Then the question arises why the company has reduced the profitability of its assets by 32% in 1 year. Either there are no professional fund managers mentioned here, or there have been losses between investments during the year.
The company, which has reduced its return on investment from 8.56% to 5.83%, talks about the benefits of diversification, claiming that it will earn lost interest for its client. In addition, the total current assets of Invest-Az for 1 year decreased by 3.639 million manats, or by 27.65%. It doesn't end there. According to the company's report, the operating profit of Invest-Az also decreased by 572,000 manats or by 40.2%. Here Invest-Az tells its clients about the success of operations in the foreign exchange market.
