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License of Federal Financial Markets Service for asset management of investment trusts, mutual investment funds and non-state pension funds No. 21-000-1-00148 of December 19, 2003 All figures are given without considering entry fee (charged at purchasing fund’s share by an investor) and exit fee (charged at selling fund’s share by an investor). Charging entry and exit fees bring down return on investments in mutual funds’ shares. Value of shares can both increase and decrease. Gains on shares in the past do not guarantee gains in future. The State does not guarantee return on investments in mutual funds. |
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