1. What are investment funds?

An investment fund is a form of collective investments that pools money from investors. The pooled assets are then invested in different types of properties with the purpose of getting a profit and decreasing investment risks, all in accordance with the investment goals specified in its prospectus.

The assets of an investment fund are in the ownership of members of the investment fund, in proportion to their share in the fund, and it is separate from the management company that manages the fund. Investment funds are regulated by the Law on Investment Funds the Securities Commission supervises their operation.