6431 Activities of money market and non-money market investments funds

This class includes activities of money market and non-money market investment funds, in other words, collective investment schemes that raise funds by issuing shares or units to the public, of which the proceeds are invested primarily in financial assets (including short-term assets).

This class includes:

• open-end investment funds
• closed-end investment funds
• unit and investment trusts

This class excludes:

• activities of holding companies, see 642100
• activities of non-majority shareholding companies, not owning controlling levels of equity, see 643200
• trusts, estate and agency accounts not acting as collective investment schemes, see 643200
• activities of venture capital companies, see 649900
• pension funding, see 653000
• management of funds, see 663000