UCITS and investment funds

UCITS funds and investment funds are funds for collective investment that accept capital from the general public, corporations and professional investors. The funds are managed by management companies that issue unit share certificates (units) in confirmation of the claim the owner of such a certificate has on the fund's assets. The Financial Supervisory Authority grants undertakings for collective investment in transferable securities an attestation for operation pursuant to Chapters II and III of Act No. 128/2011, on undertakings for collective investment in transferable securities, investment funds and professional investor funds.