SEO Revises Investment Fees for Funds to Improve Efficiency

The Securities and Exchange Organization is ready to revise buying and selling charges it fees funding funds to enhance their effectivity.
According Meisam Fadaee, the SEO deputy for supervising monetary establishments, charges henceforth will fluctuate and primarily based on efficiency.
As per present procedures, funding funds cost a set 2% on commerce worth of the fund whatever the fund’s return.
“In the previous, the efficiency of a fund had relevance on charges they charged on offers,” Fadaee was quoted as saying by the Securities and Exchange News Agency.


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