Пересказ небольшого текста на английском языке

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10-11 Английский язык 5+3 б Помогите составить пересказ,пожалуйста! Small shareholders who do not have enough money to invest in a wide-range portfolio buy shares in investment trusts. Investment trusts can be of two types. Open-end investment fund is an investment fund that is open in the s ense that it issues new shares every time that it receives new money from investors – unlike a closed-end investment fund, which issues a limited number of shares that are then traded only in a secondary market. Closed-end investment companies do not stand ready to purchase their own shares whenever one of their owners decides to sell them. Instead their shares are traded either on an organized exchange or in the over-the-counter market. Besides, there are so called Real Estate Investment Funds. REIFs have existed for over 30 years. They are essentially (although not legally) closed-end investment companies that invest in real estate instead of financial assets. Similar to true investment companies, as long as 95% of their income is distributed to shareholders, it is free from taxation. Further, at least 75% of their assets and income must be derived from real estate equity or mortgages. REIFs must also have at least 100 shareholders. Their portfolios must be diversified, and no more than 30% of their income may come from selling properties held for less than four years. (This last requirement is designed to prevent REIFs from becoming vehicles for real estate speculation.) REIFs engage in a common financial intermediation process known as securitization. A REIF manager converts (securitizes) properties into financial assets by purchasing properties for the REIF.

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Автор24

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Nita748

Пересказ небольшого текста на английском языке.docx

2017-04-20 12:42

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Мне очень нравится работать с этим автором, все выполняет раньше срока, никаких нареканий нет

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