AFSA has registered the SBI Active Fund
AFSA has registered the first Non-exempt fund for retail investors - SBI Active Fund. This move is a significant development because it allows retail investors to access a broader range of investment opportunities similar to those typically available to professional investors using Exempt funds.
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This is a significant development that offers a lot more opportunities for retail clients and while I know that it is a step forward, I would also like to remind that customers wishing to use this new opportunity should be aware of the higher risks that go with it. And while AFSA has the protections in place that retail clients should use, consumers should ensure that they make informed and well-researched decisions and make sure that any AIFC financial services firms they deal with have appropriate licences from AFSA.
AFSA is enabling retail investors to explore advanced investment strategies, which could include more flexibility in terms of asset allocation, risk exposure, and potential returns. This could also lead to a more dynamic retail investment market in Kazakhstan.
