The beginning of the subscription of Mofid basic metals fund “Steel” with the special privilege of participation

Basic metals fund is a type of ETF investment fund.

Subscribing to Steel Mofid Fund comes with a special participation privilege. It is possible to participate in this subscription until July 21 through all trading systems in all brokerages, without trading fees and paying extra money.

According to regulations, at least 70% of assets under management Useful steel box It is allocated to shares and pre-emptive rights of existing shares in the basic metals industry and a maximum of 30% to other industries and the rest to other sectors such as gold, fixed income securities, etc.

Sector Funds are a type of investment funds that focus on stocks belonging to a specific industry. These funds are usually classified as exchange-traded funds or ETFs.

The basic metals industry is the second largest capital market industry with 16.2% of the total market value, and the companies in this industry mainly have fundamental and valuable shares. This industry includes 26 stock exchange symbols and 23 over-the-counter symbols.