NCSPFR Reminds of Investment Fund Expense Limit
· WOWERI
The National Commission on Securities and Stock Market reminded of the expense limit for investment funds. The limit must not exceed 15% of the average annual net asset value. This limit does not apply to taxes and KUA rewards.
Introduction
The National Commission on Securities and Stock Market (NCSPFR) reminded of the expense limit for investment funds. According to regulatory documents, the expense limit must not exceed 15% of the average annual net asset value.
Expense Limit
This limit does not apply to taxes and KUA rewards. Investment funds must ensure that their expenses do not exceed the specified limit. Otherwise, they may face fines and other penalties.
Conclusion
The NCSPFR reminds of the importance of complying with regulatory documents and limits for investment funds. Investment funds must carefully monitor their expenses and ensure compliance with all requirements.
What to do next
Source: biz.ligazakon.net