The fund management company must publish two reports per year on the activities of its investment funds: an annual report and a semi-annual report. The information which must be published for the benefit of investors is strictly defined by law. The annual report must, for example, contain the following information: statement of assets and income, application of income, the number of units redeemed and the number of new units issued, the number of units in circulation, and the net asset value per unit at the financial year-end and the auditors' report. The annual report must be published within four months following the close of the financial year, the semi-annual report within two months of the close of the half-year.
Reports commonly required from applicants request for financial assistance, e.g.: *** Balance Sheet - A report of the status of a firm's assets, liabilities and owner's equity at a given time. *** Income Statement - A report of revenue and expense which s