Moving many countries, especially third world countries toward an economic system based on market mechanisms that play where capital markets play a vital role in guiding economic activity and in order to achieve the goals of this system does not need and that are available to those markets attributes of efficiency and equity, and the basics of those features active movement The market for non-active market is difficult for him to walk the economic system to safety.
And the evolution of financial markets linked to the extent of radical reforms in the financial field and the role of the private sector in the development process and because the efficiency of the financial markets is measured primarily the extent of its ability to mobilize savings and directed towards aspects of various recruitment is appropriate is to provide investment climate encouraging and reassuring capable of attracting investors’ money and employment .
Foremost among these tools of investment funds are mutual funds of the most important formulas to mobilize savings at the present time is no doubt that what we read every day about the massive movement of capital for the purpose of investment between the markets of the world, but saw the importance of these funds.
Search for this divided into four chapters Set aside the
nature of the first investment fund in the second and in the establishment of the Fund the third dedicated mutual fund administration, either the fourth quarter was dedicated to the control of the Fund and its expiry..