Article 10. Investment declaration

The investment declaration must contain:

the purpose of the creation and implementation of the activities of an investment or mutual fund;

a list of investment assets in which money and other funds of an investment or mutual fund are invested;

description of investment risks;

information on the composition of investment assets that the trustee is required to maintain (the ratio between securities of various types and issuers, as well as between securities, cash and other investment assets);

the validity period of the provisions of the investment declaration, during which they are mandatory for compliance with the investment or mutual fund and the trustee;

provisions on the competence of the general meeting of holders of investment shares of a mutual fund, the rights and obligations of each owner of an investment share, as well as the rights and obligations of the trustee of a mutual fund.

The investment declaration of the investment fund, including amendments and additions to it, is approved by the decision of the general meeting of shareholders of the investment fund.

An investment declaration, including amendments and additions to it, shall be submitted to the authorized state body for regulation of the securities market within ten calendar days from the date of its approval.

The investment declaration of a mutual fund, including amendments and additions to it, is approved by the decision of investors (owners of investment shares) of the mutual fund.