Baku. Ali Ahmedov – APA-Economics. State Committee for Securities made amendments in rules on “Requirements for formation of investment fund’s capital, structure and management of fund’s assets”.
According to amendments, index investment funds will be able to place all assets abroad. So, in accordance with the rules, at least 25% of funds’ assets must be placed in Azerbaijan. But this rule will not concern the index investment funds.
Note that index investment funds are which invest assets in the stocks of all companies that are included in any index, in accordance with their equity in index.
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