The Mutual Fund Quotas Custody Service (CFM) allows participants to maintain the custody of these instruments in their position accounts. For this purpose, mutual fund quota issuing companies as participants execute deposit or withdrawal transactions of these securities from their position accounts in order to enable the transaction and/or settlement by means of Trading or Transfer transactions of mutual fund quotas subscribed or redeemed by other participants acting as investors.
The Mutual Fund Quotas Custody Service (CFM) considers:
1-UNKNOWN QUOTA VALUE CFM
The Unknown Quota Value Mutual Fund Quotas Custody Service (Type 2 to 8) ensures that these values may be subscribed by Pension Funds (PFA) and Redundancy Funds (RFA) as contributors or investors registering them in their name with DCV on the closing date of the day that the investment was made.
2-CONTRIBUTION AND REDEMPTION OF CFM WITH FINANCIAL INSTRUMENTS