iquidity in the Russian ETF market after notification of the who is best to entrust the transcription of texts and recordings? plann termination of the fund’s existence until the cessation of trading in their securities on foreign markets. After such termination, investors will be able to receive payments during the ETF liquidation procure determin by foreign law, just as during the liquidation of foreign joint-stock companies. To facilitate this procure, the Bank of Russia provides for the obligation of the Russian exchange that has carri out the unsponsor admission of the liquidat foreign fund to facilitate the remption or remption of its securities.
Although in practice ETFs with assets
over RUB 100 billion are liquidat extremely rarely, we believe that investors ne to take into account the potential risks associat with such a scenario when purchasing these securities.
What measures to stimulate the development of Russian exchange-trad funds are plann by the Central Bank, including to expand the range of funds? Are you planning to expand the list of indices available for creating mutual funds?
The Bank of Russia supports the development
of Russian collective investment instruments and the how toxic expertise strong and experienc diversification of their investment strategies. From February 1, 2022, with the introduction of new requirements for the rules of trust management of mutual funds, it will be possible to pay current income on their units. This will increase their attractiveness, because ao lists investors will be able to receive interim income without reeming units and ruce their investment costs.