Mutual funds in Poland / Central Europe
In Poland, an mutual fund is a legal person whose sole area of activity is the collective investment of capital raised from the public – and also through private offerings, in instances defined in the Act on investment funds of 27 May 2004 – of offering the sale of units or investment certificates, in the securities, money market instruments and other property rights defined in the Act.
Mutual funds in Poland are created by a management company, which shall manage it and represent it in its relations with third parties. The management company, created in compliance with the provisions of the Act, is a managing body of an investment fund.
Some further information on Polish capital market:
Banks in Poland : Issue of bonds in Poland : Open-end investment funds in Poland : Brokerage Houses in Poland : Global Investment Funds
Some further information on investment funds:
Mutual funds : Umbrella funds : Hedge funds : Pension funds : Equity funds : Bond funds : Balanced funds : Money-market funds : Funds of funds : Alternative investment funds
Relevant external links
Investment funds explained
"The benefits of investment funds, where individuals from all walks of life pool their savings together, can be summed up as offering everybody – from professional or institutional investors to people with limited time, or limited investment skills or modest means – access to investment returns otherwise only available to more sophisticated investors, who are able to buy their own professional portfolio management advice. "
Mutual Fund Investor’s Center
"A mutual fund is a company that pools the money of many investors — its shareholders — to invest in a variety of different securities. Investments may be in stocks, bonds, money market securities or some combination of these."
Mutual Fund Market News
"A leading weekly newsletter, Money Management Executive provides the breaking news and in-depth analysis of the events and issues affecting the mutual fund industry.
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