The Classificatory Comission of Risk of Chile (CCR) announced this Monday, July 1st, the list of approved and disapproved funds by the commission. A total of 10 products received the approval and whereas six were disapproved.
Approved domestic funds:
- Fondo Mutuo Itaú Latam Pacific
Approved foreign mutual funds and ETFs:
- Lyxor ETF MSCI EMU- France
- Baron Select Funds-Baron Real Estate Fund –USA
- Edmond de Rothschild Emerging Bonds – France
- Oaktree Global Convertible Bond Fund – Luxemburg
- Oaktree Global High Yield Bond Fund – Luxemburg
- Pictet – Emerging Corporate Bonds – Luxemburg
- Pictet – EUR Short Term High Yield – Luxemburg
- SEB Fund 1 – SEB Nordic Fund – Luxemburg
- SEB Sicav 1 – SEB Emerging Markets Fund – Luxemburg
The CCR decided to disapprove the following certificates representing financial indexes and foreign mutual funds, because they do not have assets equal to or greater than $ 100 million:
- SPDR Index Shares Funds- SPDR S&P Emerging Latin America ETF – USA
- Market Vectors ETF Trust- Nuclear Energy ETF – USA
- Credit Suisse SICAV (Lux) – Equity Emerging Markets – Luxemburg
- Henderson Gartmore Fund – Emerging Markets Fund – Luxemburg
Finally, the CCR informed that the foreign mutual fund BNP Paribas L1-Equity Pacific ex Japan (Luxemburg) was disapproved because it was absorbed, while the KBL EPB Bond Fund – Government Bonds Euro (Luxemburg) also was disapproved in response to the request of its administrator.