7 new investment fund licenses have been issued – Tejaratnews

The head of the Investment Funds Monitoring Center of the Stock Exchange and Securities Organization said: In the past week, the activity license of 6 sector investment funds and 1 stock investment fund has been issued by the Stock Exchange and Securities Organization.

According to Tejarat News, Ali Akbar Iranshahi, referring to the importance of facilitating the process of granting licenses for the establishment and operation of financial institutions, said: In the past week, the activity license of 6 sector investment funds and 1 stock investment fund has been issued by the Securities and Exchange Organization. In this way, the number of licensed sector investment funds reached 11 funds and the number of stock investment funds reached 108 funds.

He added: These 7 funds have collected a total of 2,800 billion tomans through subscriptions and are ready to buy shares from today (Monday, October 24).

Source: Senate