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The issue of expanding the list of investment

objects for such clos-end mutual funds is not best cms for startups currently under consideration. However, this year we plan to clarify the requirements for commercial real estate that may be part of clos-end mutual funds and was recently commission. It will be possible to purchase it immiately after concluding long-term lease agreements – without the mandatory accumulation of rental history, as stipulat in the current regulations.

— How does the Central Bank feel about

the management company’s initiative to buy units of its own funds in mutual funds?

— The legislation allows the acquisition

of units of other funds of the same management company as part of mutual funds, only within the framework of mutual funds for qualifi sales offer for photographic services investors. The purchase of units of mutual funds of the same management company for funds for non-qualifi investors is not consider due to the presence of a significant conflict of interest in such america email transactions for the management company, the risks of the implementation of which are difficult for a non-qualifi investor to assess.

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