The Fondaction investment fund has announced the suspension of share subscriptions by single payment as of Wednesday, until the end of the fiscal year ending May 31, 2023.
However, Fondaction specifies in a press release that it is possible to make a new contribution by deduction from salary or by periodic payment with a monthly maximum of $416.67.
The CSN investment fund indicates that it manages the level of its share issues to facilitate retirement savings for workers in “respect of its operational capacity”.
“Fondaction shares are not guaranteed, it is an investment whose value and return fluctuate, its past performance is not indicative of its future performance,” added the investment fund.