Investment certificates are share certificates issued by capital investment companies. which certify a right of co-ownership to a fund asset. The way these investment companies work is based on the principle of risk diversification.
A fund represents the sum of assets made up of stocks, fixed income securities and real estate. Share certificates are issued through the fund. The value of these non-negotiable papers is calculated and announced by the investment companies on the basis of the daily total values (price changes). Due to the diversification of assets, fund prices do not fluctuate as much as, for example, B. Shares.