MOSCOW, April 9. /TASS/. Sberbank has launched an exchange traded Fund on the American stock index S&P 500, on Tuesday began trading on the Moscow exchange. About it reported in a press release of the credit organization.

“The Fund created by the company “Sberbank asset management”. He repeats the structure of the S&P 500 index, which includes shares of the 500 largest capitalization U.S. companies, including Apple, Amazon, Google, Facebook, Nike and other”, — stated in the message.

Stock mutual funds (Russian Exchange Traded Funds) are funds investment units of which it is possible to buy and sell on the exchange. They are formed from the securities in accordance with stock exchange index is specified in the press release.

Buy Fund on the Moscow exchange online through a brokerage account. Fund Commission is 1%.

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