AFP Protección says access to the Bitcoin-linked fund will be limited to qualified investors and will not alter the core allocation of Colombian pension savings.
Colombia’s second-largest private pension and severance fund manager, AFP Protección, is preparing to launch an investment fund with exposure to Bitcoin.
Juan David Correa, president of Protección SA, confirmed the initiative during an interview with local outlet Valora Analitik. According to Correa, access to the product will be limited and granted only through a personalized advisory process designed to assess each investor’s risk profile. Only clients who meet specific criteria will be able to allocate a portion of their portfolios to Bitcoin (BTC).
“The most important element is diversification,” Correa noted, adding that “those who can participate will find a space for a percentage of their portfolio, if they so wish, to be exposed to this type of asset.”
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