News about the taxation of mutual funds caused a sell-off in the market
The news about the introduction of taxation of mutual investment funds (PIF) provoked on September 24 an outflow of 2.7 billion rubles. from mutual funds of bonds, the money market and mixed funds. This follows from the calculations of senior analyst of “Eyler” on mutual funds and CFA Elena Baklanova, which was familiarized with “Vedomosti”. But the next day the inflows recovered, when the news came out that the initiative will affect only closed and interval mutual funds for qualified investors.
The news about the introduction of taxation of mutual investment funds (PIF) provoked on September 24 an outflow of 2.7 billion rubles. from mutual funds of bonds, the money market and mixed funds. This follows from the calculations of senior analyst of “Eyler” on mutual funds and CFA Elena Baklanova, which was familiarized with “Vedomosti”. But the next day the inflows recovered, when the news came out that the initiative will affect only closed and interval mutual funds for qualified investors.
