Mutual funds let you invest in stocks and bonds collectively with other investors. The large volume of the investment enables for reaching for some otherwise unavailable products or carrying out certain investments under more favourable conditions.
Investments and operations of mutual funds in the Czech Republic are governed by Act No. 240/2013 Coll. on investment companies and investment funds and Act No. 256/2004 Coll. on capital market business. The Czech National Bank supervises over compliance with the legislation and the particular statutes. Any mutual fund to be distributed in the territory of the Czech Republic must be authorized and registered by Czech National Bank.