Beginning from April 24 Treasury mutual fund (Kazakhstan) investors may enter or quit the fund on a daily basis
26.04.05 11:08
/IRBIS, Natalya Kouznetsova, April 26, 05/ - Centras Securities JSC (Almaty), a
Treasury open-end mutual fund (Almaty) managing company, announced today
that three-months period from the fund's day of launch has elapsed.
In accordance with the Rules of the fund, investors were able to sell stakes
only once a week during this three-month period. Beginning from April 24, 2005
owners of the fund have a right to either quit or enter the fund on daily
basis.
As previously informed Treasury fund was registered by the Agency of the
republic of Kazakhstan on financial market and financial organizations
regulation and supervision on January 5, 2005 and began investing on January
24, 2005.
[2005-04-26]