DETAIL OF NOMENCLATURE ITEM

Nomenclature: Classification of Products ver. 2008 (CZ-CPA) - level 6 - Sub-category

Code: 5650 Abbreviation: CZ-CPA_U6 Validity: 01.01.2008 - 09.09.9999 Family: Products

Item: 663011 - Portfolio management services, except pension funds

Item's explanatory note:Vysvětlivka k položce:

This subcategory includes:
- managing portfolio assets of individuals, businesses and others, on a fee or commission basis, except for pension funds

Managers make decisions on which investments to purchase or sell. Examples of the portfolios managed are the portfolios of mutual and other investment funds or trusts.

This subcategory excludes:
- the buying and selling of securities on a transaction fee basis, see 66.12.11
- advisory services on personal financial planning not involving decision-making on behalf of clients, see 66.19.91
- management of pension funds, see 66.30.12
Correspondences:
Classification of Products ver. 2008 (CZ-CPA) - level 5 - Category 66301 Fund management services
Czech Statistical Office, Na padesátém 81, 100 82 Praha 10; tel.: 274 051 111 (switchboard)
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