The president of Basa Capital, Gustavo Rivas, spoke with the “Tempranísimo” team, broadcast by Universo 970 AM and GEN-Nación Media, to disseminate the tool they have available and which they consider may be useful for both individuals and legal entities. in this context of economic downturn, as are its sight mutual funds.“At Basa Capital we have an important novelty, which is a tool to combat this inflationary escalation, the rise in prices, both for an individual and for an SME;a company can count on this alternative to generate additional income on a daily basis,” said Rivas.He stressed that with this Basa Capital product, it is possible to have a positive impact on this inflationary process that is not only experienced locally, but throughout the region and the world, since they could mitigate in a certain way because while the resources are in the account of the mutual fund, generate interest and can be used by wage earners or SMEs that do not have an additional resource per month to generate resources to compensate for price increases.Also read: Paraguayan video game developer was invited to the Tokyo Game ShowThus, mutual funds are resources invested in a basket of securities, which can be CDAs from leading banks, Paraguayan state bonds, regulatory bills issued by the Central Bank, explained the president of the brokerage house.#Very early⛅ 🗣 We talked with Gustavo Rivas, president of Basa Capital, to learn more about sight mutual funds.💻 https://t.co/0GJou16zAX 📻 @Universo970py pic.twitter.com/Y60Pq1p8fpRegarding the value from which you can start to generate this income, he mentioned that both in the case of individuals or companies they can do it from about G. 500,000, with which an interest rate of 5% per year will be generated. .In this sense, he explained that the interests are paid daily, that is to say that the person who invests in the mutual funds when transferring the value from his mobile application, as of that same day, is generating interest every day."The person generates interest on interest, plus his capital," Rivas remarked.Likewise, he stressed that Basa Capital's mutual funds have an AA credit rating from the Fix, one of the best in the Paraguayan stock market system, thus guaranteeing the efficiency and transparency of operations.Another encouraging factor to opt for Basa Capital's mutual funds is that they are available on the same day, which means that the investor can request the extraction or redemption of his fund and by 4:00 p.m. on the same business day he will be able to have in his bank operating account.At the time of exemplifying that it would be nonsense to bet on a checking account or savings account that is not generating interest, he limited.He may interest you: They plan to create a Sustainable Mercosur Fund with resources that Itaipu will have available from 2023In his opinion, how is the Paraguayan economy after the pandemic?