NIC 6432—Activities of non- money market funds

Where 6432 sits

1. L Financial and insurance activities
2. 64 Financial service activities, except insurance and pension funding
3. 643 Activities of trusts, funds and similar financial entities
4. 6432 Activities of non- money market funds

Contains 1 narrower code

• 643200 Issuing of non-money market funds for investment in financial and non-financial assets

What 6432 includes

• This class includes activities of non-money market funds, i.e., collective investment schemes that raise funds by issuing shares or units to the public, of which proceeds are invested primarily in financial assets, other than short-term assets, and in non-financial assets (usually real estate).
• Their units (or shares) are not substitutes for deposits.

What 6432 excludes

• Activities of money market funds, see 6431

6432 in other systems