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Thursday, September 09, 2010

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Number of Investment Funds Reaches 40
Saturday, July 17, 2010
With three more approvals of licenses of operation, number of listed investment funds reached forty.

Ayoub Baghertabar, Director of Financial Institutions Affairs, announced the approval of three funds' operation licenses by SEO. The three investment funds are Bank Keshavarzi Investment Fund, Refah Investment Fund and Day Insurance Investment Fund.

Baghertabar emphasized the enthusiasm of investors for establishing new investment funds and expects more future applications.


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