SBI 64.31—Activities of money market and non-money market investments funds

Where 64.31 sits

1. L Financial and insurance activities
2. 64 Financial service activities, except insurance and pension funding
3. 64.3 Activities of trusts, funds and similar financial entities
4. 64.31 Activities of money market and non-money market investments funds

Contains 1 narrower code

• 64.31.0 Activities of money market and non-money market investments funds

What 64.31 includes

• This class comprises investment funds in money and other markets, i.e. investment institutions that raise funds by issuing public shares or participations, the proceeds of which are primarily invested in financial assets (including current assets).
• Open-end investment funds
• Closed-end investment funds
• Unit and investment trusts

What 64.31 excludes

• Holding companies, 6421
• Shareholder companies that do not hold a majority stake, 6432
• Trust and estate accounts and accounts of authorized representatives who do not act as investment institutions, 6432
• Venture capital firms, 6499
• Pension funds, 6530
• Fund management, 6630

64.31 in other systems