VALO and Balanz Launch the BLZ Liquidez Pesos Investment Fund
VALO and Balanz Uruguay have launched the BLZ Liquidez Pesos fund, a conservative peso-denominated vehicle with daily access and a minimum investment of $5,000.
VALO, acting as administrator, together with Balanz Uruguay Corredor de Bolsa as fund manager, has introduced the BLZ Liquidez Pesos investment fund. The product is designed for investors seeking returns in Uruguayan pesos through a conservative strategy with daily subscription and redemption options.
The fund targets both retail and corporate clients of Balanz Uruguay, requiring a minimum entry of UYU 5,000. Daily valuation provides flexibility and transparency. The portfolio will primarily consist of monetary regulation letters issued by the Central Bank of Uruguay, as well as Treasury notes and sovereign bonds denominated in pesos and indexed units (UI, UP, UR).
With a short-term investment horizon, BLZ Liquidez Pesos aims to offer institutional backing and full transparency for managing local-currency assets. Sebastián Pérez Domínguez, General Manager of VALO Uruguay, stated that the fund reflects the company’s vision of promoting safe and efficient alternatives that support the development of Uruguay’s capital market.
The fund became available in early March and marks a further step in VALO’s regional expansion, reinforcing its commitment to financial innovation in Latin America.
Source: Balanz