Published: 01.01.2013 Updated: 25.07.2023

Equities certifying participation of an investor in an investment fund (incl. in an MMF) and the rights arising from such participation.
The definition of the concept is consistent with European Parlament and Council Regulation (EU) No 549/2013 of 21 May 2013 on the European system of national and regional accounts in the European Union.
Related definitions:
MMF shares or units and
Non-MMF investment fund shares or units