OREANDA-NEWS. November 10, 2010. The markup on the purchase price of an investment share in Mutual funds managed by the Bank of Moscow through Bank of Moscow sales offices is abolished. These changes to the Rules of the funds under AMC of the Bank of Moscow have been registered with the Federal Service for the Financial Markets.

"We decided to abolish the markup on purchase of shares at the request of our clients. The development strategy for the business of AMC of the Bank of Moscow is geared to establishing the most accessible and convenient service conditions for clients", commented Elena Kasyanova, CEO of AMC of the Bank of Moscow.

No markup is now charged, therefore, on acquisition of shares in AMC of the Bank of Moscow Mutual funds through the Bank of Moscow, no matter what sum is invested.

Previously, a markup of 0-1.5% was charged, depending on the investment sum.