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ING NN leaves foreign markets and returns to WIG 20

"We have withdrawn from investing in foreign shares because the home market promised larger profits," said Jarosław Jamka, the deputy President of the fund. The company is waiting for a more suitable moment to go back to investing abroad. ING NN representatives estimate that an annual return of 10% on the WIG20 index can be expected, although they emphasize that this is a rather conservative projection. "The most promising companies this year should be those which deal with exports. Good perspectives also surround small companies which have just entered the bourse," added Jamka. The fund's engagement in shares stands at around 32% of its assets and this will not significantly change this year. In 2003 ING NN, for the fourth time in a row, recorded the highest increase in new customers among the funds. It acquired 134,000 new members, around a third of those that were available. (Puls Biznesu, p. 8) A.K.

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