ORDA Mutual Funds
Mutual Funds managed by ORDA Capital offer a new and lucrative form of investment.
For actively managed mutual funds, the fund manager is basically in charge of what stocks, bonds or other assets the fund will buy with investors’ money. Essentially, the fund manager will function as a stock-picker. Focusing on price-to-earnings ratios, price momentum, sales, earnings, dividends and other various metrics, the fund manager will build a portfolio of assets to accomplish the aims of the mutual fund. Those aims (growth, value, income etc.) are spelled out within the mutual fund’s prospectus.
The main advantage of interval funds is that they offer yields that are higher than most other mutual fund options.
An interval fund is a type of closed-end fund with shares that do not trade on the secondary market. Instead the fund periodically offers to buy back a percentage of outstanding shares at net asset value (NAV).
Interval Mutual Investment Fund “Global Markets”
Fund’s Name |
Global Markets |
Fund Type |
Interval Mutual Investment Fund |
Registration Date |
July 4, 2017 |
Minimum Investment |
None |
Purchase of Fund Shares |
Daily |
Sale of Fund Shares |
Once a year |
Custodian |
Eurasian Bank |
Registrar |
The Integrated Securities Registrar |
Independent Auditor |
Аlmir Consulting |
The rules that govern the operation of mutual funds
The rules and regulations of mutual funds are extensive, but the key regulations include:
Law on Investment Funds
Law of the Republic of Kazakhstan dated July 07, 2004 No. 576-II (in English)
http://adilet.zan.kz/eng/docs/Z040000576_
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