NAF 64.31Y—The activities of investment funds on the market, monetary or non-monetary

Where 64.31Y sits

1. L Financial and insurance activities
2. 64 Activities of financial services, excluding insurance and pension funds
3. 64.3 Activities of trusts, funds and similar financial entities
4. 64.31 The activities of investment funds on the market, monetary or non-monetary
5. 64.31Y The activities of investment funds on the market, monetary or non-monetary

What 64.31Y includes

• The activities of the investment fund monetary and non-monetary, that is to say, collective investment schemes that raise funds by issuing shares or units to the public, and the proceeds of which are invested primarily in financial assets (including assets in the short term).
• Investment companies with variable capital
• Investment companies with fixed capital
• Mutual funds

What 64.31Y excludes

• The activities of the holding companies, see 64.21Y
• The activities of the companies participating non-controlling shareholder, not holding control of the capital, see 64.32Y
• The trusts, the accounts of the succession and the agency is not acting as agencies collective investment, see 64.32Y
• The activities of venture capital companies, see 64.99Y
• Pension funds, see 65.30Y
• The management of funds, see 66.30Y

64.31Y in other systems