Three hundred funding funds function in Iran’s inventory market with about 10.2 million traders, an official with the Securities and Exchange Organization mentioned.
“These traders have opted for oblique funding in the capital market”, Mesiam Fadaee, the search engine optimization deputy for supervising monetary establishments, was quoted as saying by the Securities and Exchange News Agency.
The official really useful investing in such funds for traders missing sufficient monetary literacy. Investment charges are additionally decrease in oblique funding.
“Most traders can’t [professionally] analyze the share market and as a result of greater buying and selling prices in direct funding in shares, funding in these funds are really useful,” Fadaee mentioned.
SEO: Investors Prefer Indirect Investment in Capital Market
