OREANDA-NEWS. March 02, 2011. The interval of combined investment Mutual Fund "Kuznetsky Most" managed by AMC of the Bank of Moscow is from 1 through 14 March 2011.

In the interests of shareholders, amendments have been introduced into the Rules of the Mutual Fund "Kuznetsky Most" and the list of instruments used for investment purposes has been extended. In particular, a possibility has emerged to acquire foreign securities as assets of the Fund and to conclude REPO transactions.

In addition, shares can now be exchanged between the "Kuznetsky Most" Fund and any other open Mutual Funds managed by AMC of the Bank of Moscow. Such an exchange can be made only during an internal of the "Kuznetsky Most" Fund. During the current interval — until 14 March 2011 inclusively — shares are exchanged free of charge (commission-free); VAT is not withheld on exchange operations (VAT is charged only on redemption of shares).

All operations with "Kuznetsky Most" Fund shares may be carried out at Bank of Moscow sales offices throughout Russia. Payment may also be made for shares (on the basis of a prior purchase application) through all the Bank of Moscow ATMs. Payment is made in rubles. The minimum sum is 1000 roubles but no maximum is set.