OMX Baltic Benchmark Fund is the first Lithuanian investment fund.
Index investment funds are designed to track the performance of a securities index by investing in substantially all the securities contained in that index. The OMX Baltic Benchmark Fund replicates the performance of the OMX Baltic Benchmark GI, which is an index of stocks of largest free-float capitalization Lithuanian, Latvian and Estonian companies that are traded on the NASDAQ OMX Vilnius, NASDAQ OMX Riga, NASDAQ OMX Tallinn exchanges. Companies with large market capitalization are established and well-known companies that have been in business for many years.
If you invest for long term, the OMX Baltic Benchmark Fund would be a convenient way to take advantage of the rapidly growing Baltic economies.