CENTREINVEST ASSET MANAGEMENT
Centreinvest Asset Management Company was registered on February 10, 2005 and obtained a license for managing investment funds, mutual funds, and non-state pension funds on May 31, 2005. Centreinvest Asset Management was established and continues to serve as a vehicle for CiG for the collective investments market and provision of mutual fund management services.
In developed economies, mutual funds play an important role by offering financial products that encourage savings. Mutual funds have become a very attractive option for investors thanks to their low asset management fees. The active role played by the government in protecting shareholders’ property rights further encourages public confidence in mutual funds. Strong share liquidity and low transaction overhead place mutual funds in an advantageous position to compete with deposit accepting banks. Vast asset diversification opportunities mitigate overall investment risks, while generating relatively high returns on investment.
Centreinvest Asset Management Company Overview
Full name: Closed Joint-Stock Company Centreinvest Asset Management Company
Short name: ZAO UK CentreInvest
Licenses: License for managing investment funds, mutual funds, and non-state pension funds No. 21-000-1-00219 issued on May 31, 2005, valid through May 31, 2010
Registered address: 123022 Moscow, Krasnaya Presnya Street, Bldg. 24
Mailing address: 123022 Moscow, 24 Krasnaya Presnya Street, Krasnaya Presnya Business Center
Phone: +7 (495) 797-8050
Fax: +7 (495) 797-8051
General Director: Igor Zhilin
On August 1, 2006, the Federal Financial Markets Service registered the Policies of the Interval Stock Mutual Fund My Bank. Second Tier Shares under the Management of Closed Joint-Stock Company Centreinvest Asset Management Company.
On August 16, 2006, the Supplement to the Bulletin No. 62 of the Federal Financial Markets Service published the Policies of the Interval Stock Mutual Fund My Bank. Second Tier Shares under the Management of Closed Joint-Stock Company Centreinvest Asset Management Company and a list of its agents and points of sale.
Fund Information
Name: Interval Stock Mutual Fund My Bank. Second Tier Shares
Type: Interval
Policy registration date: August 1, 2006, No. 0572-94119635
Formation period: August 15, 2006 – November 15, 2006, or when NAV reaches RUR 20,000,000 (twenty million roubles), whichever comes first.
On November 7, 2006, the formation of the Interval Stock Mutual Fund My Bank. Second Tier Shares under the Management of Closed Joint-Stock Company Centreinvest Asset Management Company was completed after the Fund’s NAV reached the statutory minimum amount.
The net asset value at the completion date of the Fund’s formation was RUR 21,266,800.
The value of shares in the fund may increase or decrease over time, past performance cannot determine future returns, and the government does not guarantee return on investment in mutual funds. Before buying any shares in the fund, please read and understand the mutual fund management policies. The management policy for the Interval Stock Mutual Fund My Bank. Second Tier Shares states that premiums to estimated share value can be charged at the time of sale through agents, and discounts can be charged at the time of share redemption. The premiums and discounts will reduce the return on investment in mutual fund shares. Investors should decide themselves whether to buy mutual fund shares after reading the policies and assessing the related risks.
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