Trading in investment fund shares for shares of small and medium-sized companies has begun on the Moscow Stock Exchange. Thus, the number of exchange-traded funds created on the basis of Russian companies on the Moscow Stock Exchange has reached 17.
Trading in shares of a new exchange-traded investment fund (ETIF) has begun on the Moscow Stock Exchange. This was reported by the site’s press service.
The Small and Mid-Cap Shares fund includes small and medium-sized companies from various fields of activity: IT, retail, transportation and others.
The fund’s shares are listed on the Moscow Stock Exchange under the symbol SBSC. One share of the fund at the time of its formation cost 10 rubles. All payments from the fund are made in rubles; Dividends received from member companies are reinvested in the fund.
With the start of trading in shares of the new fund, the total number of funds created on the basis of Russian companies and presented on the Moscow Stock Exchange has reached 17.
Author:
Kirill Bilyk
Source: RB
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