Bank of Moscow Upgraded Possibilities in Share Exchange
OREANDA-NEWS. March 24, 2008. The Management Company of the Bank of Moscow would like to inform its clients of the new possibilities in exchanging the shares of any of the open mutual investment funds of the Management Company of the Bank of Moscow for shares of the new open funds "Olimpiysky prospekt" (established in October 2007) and "Rublyovka currency market fund" (established in December 2007). Reverse exchange is also possible — from the Rublyovka and the Olimpiskiy prospekt funds into any of the open funds of the Management Company of the Bank of Moscow. Necessary amendments to the Management Rules of the funds have been registered at the Deferral Service for Financial Markets of Russia.
Now the shareholders of the Management Company of the Bank of Moscow are able to conduct exchanges between all the open funds of the company. The sole exception is the "Kuznetsky most" fund which is interval.
No commissions (discount or extra charges) are charged upon exchanges between the funds of the Management Company of the Bank of Moscow.
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