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RTS: Trading On Mutual Fund "Nevo-Invest" Investment Funds

Date 16/11/2007

Starting from November 16, 2007 on the Classic and T+O markets trading on Mutual Fund Nevo-Invest investment funds under the Museum Asset Management has resumed (Classic market ticker – MUZENI, T+O market ticker – MUZENIG).

On November 9, 2007 there was an operation of splitting in the registry of investment funds. Splitting coefficient is - 1:100 – one investment fund converted into 100 investment funds.

The Classic market of RTS is the oldest organized stock market in Russia – started its work on July 5th 1995. The prices that are being formed on the Classic market of NP RTS are a well-acknowledged guideline for the investors who make deals with Russian shares and depositary receipts for them. Information on trading on NP RTS is transmitted to a large number of clients in Russia and abroad and is a basis for calculating the main benchmark of the Russian stock market – RTS Index.
Trading on securities on T+0 market of RTS is held on the basis of anonymous trading of Order-Driven Market via technology “Delivery Versus Payment” with 100% depositing of assets. You can find additional information about T+0 market of OJSC RTS here.