Home » Blog » Since February 1, management companies

Since February 1, management companies

Pay income not only on shares of clos mutual a websit that aren’t optimiz for mobile funds, but on other categories of funds. But often they see only the nominal holder. Is the possibility of transferring the functions of a tax agent from the management company to a broker-depository, on whose account shares of mutual funds trad on the stock exchange are record, not being consider?

Issue was rais by market participants

and we are currently discussing it with them. At the same time, the final decision on it falls within the competence of the Ministry of Finance.

— In the investment phase, when the management company has not yet purchas the property and is investing capital in financial assets, real estate mutual funds often experience strong price drops. Abroad, this problem is eliminat by the shareholder’s investment obligation to contribute funds to purchase the asset, rather than in the process of issuing shares. Are you considering introducing such functionality?

— For mutual funds of qualifi investors

the law already provides for a mechanism for partial payment of shares, when shareholders are requir to contribute additional funds to the mutual fund upon presentation of a demand by the management company without issuing new many brands miss an investment shares. We believe that introducing such a mechanism for mutual funds of non-qualifi investors is inappropriate due to its complexity. In addition, in such a case, a non-qualifi investor ao lists will assume obligations to transfer funds in the future that he may not have free access to, which will lead to additional losses for the investor or the loss of part of the investment shares.

Scroll to Top