The activity of the “Aram” fund will start soon

The underwriting of “Aram” Mofid Index Fund was completed with the significant participation of real shareholders and will soon begin with the legal licenses of this tradable fund (ETF) on the stock exchange to allow secondary trading of its units for other shareholders.

The important point in this underwriting is the maximum presence of real shareholders who have made a unique participation of their kind. More than 137,000 real shareholders have participated in this underwriting, which constitutes nearly 100% of the total underwriting participants.

Soon, by obtaining legal licenses, the possibility of secondary transactions of the units of this index fund will be provided for shareholders through trading systems.

The subscription of Aram Fund started on Sunday, March 6, with a ceiling of 100 million shares and was completed with the welcome of shareholders, especially real shareholders, within a short time of its initial ceiling; With the permission to increase the ceiling of the stock exchange organization and due to the high volume of participation, the authorized subscription ceiling was immediately increased to 500 million shares and this ceiling was completed by Saturday, March 12th.

Mofid Portfolio, which launched the ETF, praised the significant participation of investors, especially the real shareholders who have a major stake in the fund.

“Aram” Index Fund is the twelfth useful portfolio investment fund that has entered the market to develop the product portfolio of useful investment funds.

The goal of the Index Fund is to slowly form a portfolio commensurate with the overall stock index so that it can achieve similar returns. This fund is expected to be commensurate with the performance of the overall stock index.