of October 22, 2013 No. 50-13-CX-02/5453
About terms of registration of changes and amendments in rules of trust management of the mutual investment funds belonging to the category of index funds
The Bank of Russia reports that it according to Item 23 of the Standard rules of trust management of open mutual investment fund approved by the order of the Government of the Russian Federation of 27.08.2002 No. 633, the description of securities in which it is supposed to invest the property constituting fund includes specifying of type of securities and the name of the state (states) or group of the states combined on territorial or other sign in which persons obliged on securities are registered. For shares at least the category of shares is specified, and also industry accessory of their issuers can be specified. For bonds it is specified whether they are issued by the Russian or foreign public authorities (local government bodies), international financial institutions, the Russian or foreign legal entities. For investment shares (shares) of investment funds their category and type of fund are specified according to applicable law.
According to Item 12.3 of the Regulations on structure and structure of assets of joint-stock investment funds and assets of mutual investment funds approved by the order of the Federal Service for Financial Markets of 28.12.2010 No. 10-79/pz-n, the method of calculation of index shall contain including criteria to which there shall correspond securities, for their inclusion in the index list (industry accessory, liquidity, etc.).
The changes provided for registration and amendment in rules of trust management of the mutual investment funds belonging to the category of index funds (further - Changes), regarding the description of investment objects and structure of assets of fund shall conform to requirements of method of calculation of the corresponding index (further - the Technique).
The Bank of Russia plans to register the Changes connected only with reduction of the investment declaration in compliance with requirements of the Technique and the list of securities for calculation of index no later than 5 working days from the date of adoption of documents, in case of change of the above-stated criteria.
Deputy manager
S. K. Kharlamov
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.