According to the Resolution No.1/4328 of the Chairman of the FRC, dated October 22, 2020, the secondary market trading of units of "National Privatization Fund", a closed-end investment fund, has been scheduled to start for October 26, 2020 upon the completion of the registry and exchange of relevant information by the ‘Mongolian Central Securities Depository’ LLC. Therefore, the right to redeem extra payment shall be effective from today through securities companies.

According to Article 19.7 of the Investment Funds Law, the National Privatization Fund will start its asset management activities after taking a license from the FRC.

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