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How do those who participated with money in the fund (founders and document holders) follow the performance of the fund and how to direct the investment of its funds?
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By virtue of the legislation regulating the capital market and the activity of investment funds, there are periodic financial statements and an Auditor’s Report that must be made available to document holders. The Fund’s Board of Directors also issues an annual report on its activities and there are meetings of the document holders group … The report and the document holders’ meeting can be periodically specified in the Articles of Association or Prospectus (it may be annual or shorter periods, for example, every quarter) and the Fund will have a website containing everything related to its charitable and social activities and its financial statements.