Dictionary investor in the securities market
Posted on Nov 21, 2000 08:15:27 AM
American Depository Receipts
Certificates issued by the U.S. depositary bank, representing shares of foreign issuers held by a bank. One ADR may represent part of the action, one or more shares of foreign companies of the issuer. ADR inherit all of the political and economic risks of the issuing country.
The choice of mutual fund
Posted on Nov 17, 2000 08:15:27 AM
Units of investment funds are becoming increasingly popular form of savings for the Russians. Against other investment products, investment in mutual funds do look fairly simple way of investing because they do not require significant financial investment knowledge. In fact, buying mutual fund shares, the investor should be aware that it depends on market conditions, as well as internal risk management company, which would be nice to know in advance.
The choice of management company
Posted on Nov 5, 2000 08:15:27 AM
Management Company – a legal person carrying out its activities trustee of mutual funds (SIF) based only on a special permit (license). These activities can be combined only with the activities of professional securities market participant for the trust management of securities. The main functions of the Management Company: asset management fund.