VTB Capital Investments are canceled from March 4, 2021 for all brokerage customers, all commissions for making transactions with the shares of the External Education Fund "VTB - Liquidity". The transaction with the shares of the Foundation will not be charged, including the Commission of the Moscow Exchange, therefore clients of VTB, buying or selling PAI BPIF "VTB - Liquidity" will not arise any additional costs.
The VTB - Liquidity Foundation was launched in 2020 and for six months he became a leader in the line of VTB stock funds in terms of raising funds. The cost of net assets of the Fund has already for now exceeded 3 billion rubles.
This is the first and today the only exchange fund of the money market in Russia. The potential yield on it is higher than on the term deposits of the largest banks. The foundation is intended for short-term deployment of free funds and liquidity management. Its main advantages are with such a level of potential yield intraday liquidity (the ability to buy \ sell the fund with a minimum spread, supported by a reliable market maker), minor risks of cost reduction, and the minimum price of the share on the market - 1 ruble.
"We try to make our products as convenient as possible for our customers and now the conditions for investing in VTB-liquidity have become even more attractive. This fund is specifically designed for short-term deployment of free funds that can be derived if necessary at any time, therefore, on this product, the Cancellation of the Commissions is particularly relevant. The product from the moment of launch is increasingly gaining popularity with customers, representing a qualitative alternative to deposits. You can buy and sell PAIs in one click in the mobile application "VTB my investments", - Vladimir Potapov, Chief Executive Officer VTB Capital Investments, Senior Vice President, Head of Brokerage Department VTB
In total, VTB today 59 own mutual investment funds, of which 9 exchange, 23 open. In 2020, VTB was the leader of the Russian market in terms of the amount of funds that customers have invested in Pyp. VTB funds also occupy the first positions of Ranking on minimal infrastructure costs.