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Mutual Funds
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Reference: FN-358-E
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Number of pages: 23
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Publication Date: Feb 1, 1995
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Fecha de edición: Apr 26, 2006
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Source: IESE (España)
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Type of Document: Technical Note
Description
This note describes the main features of collective investment institutions, distinguishing between the financial and the non-financial variety such as real estate funds. The different types of securities investment funds are introduced: FIM, FIAMM and government bond funds. Their legal framework, tax treatment and supervisory bodies are discussed. Special attention is given to the balance sheets and income statements of the collective investment institution management companies in order to point out the parameters of their profitability. Real estate investment companies are also considered, along with the characteristics of recently formed real estate investment funds.