64310

Activities of money market and non-money market investment funds

Explanatory Note

Title: monetary It comprises the activities of money and non-monetary market investment funds, that is, collective investment undertakings that mobilize funds through the issuance of shares or participation units with the public, with the revenues being invested mainly in financial assets (including short-term assets). Includes open-end investment funds, closed-end investment funds and investment and participation units. Does not include:  Activities of companies with non-majority shares, which do not have levels of control of capital (64320);  Trusts, estates and fiduciary accounts that do not operate as investment systems collective (64320);  Activities of venture capital companies (64990);  Pension funds (65300);  Fund management (66300);

This subclass is part of the Portuguese Classification of Economic Activities (CAE-Rev.4), used for tax and statistical purposes in Portugal.

Parent class: 6431 - Activities of money market and non-money market investment funds

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