PKD 64.31.Z—Activities of money market funds and non-money market investment funds

Where 64.31.Z sits

1. L Financial and Insurance Activities
2. 64 Financial service activities, excluding insurance and pension funds
3. 64.3 Activities of trusts, funds and similar financial institutions
4. 64.31 Activities of money market funds and non-money market investment funds
5. 64.31.Z Activities of money market funds and non-money market investment funds

What 64.31.Z includes

• The activities of money market investment funds and non-money market investment funds, i.e., collective investment schemes that raise funds through the public issuance of shares or units, the proceeds of which are invested primarily in financial assets (including short-term assets): • open-end investment funds, • closed-end investment funds, • unit trust investment funds.

What 64.31.Z excludes

• Activities of holding companies, classified in 64.21.Z,
• Activities of companies with a minority shareholding not exceeding the level of controlling interest in the share capital, classified in 64.32.Z,
• Activities of trusts and fiduciary accounts not operating under collective investment schemes, classified in 64.32.Z,
• Activities of high-risk enterprises, classified in 64.99.Z,
• Pension funds, classified in 65.30.Z,
• Fund management activities, classified in 66.30.Z.

64.31.Z in other systems