In this study the researcher evaluates the role of mutual funds activation at
Damascus Stock Exchange and hence national economy. So that mutual funds could
achieve investment role more efficient and less risk. But if there are loose in the
contro
l, governance and transparency over mutual funds, it could jeopardize small
financial institutions to termination, could be transferred to money collectors, and
interest conflicts could be exaggerated. Therefore, Damascus Stock Exchange should
strength its control and issues the necessary rules concerning transparency,
governance, control, and interest conflicts.
Researcher accomplishes this research through theoretical studies of accounting and
finance literature concerning mutual funds, and by preparing questioner, and
analyzing it through well known statistical methods. We have received variety of
conclusions the most important are
Establishing mutual funds at Syria could activate Damascus Stock Exchange and as
a result activate national economy
It is very important for Damascus Stock Exchange to issue the necessary rules
concerning transparency, governance, trade, management fees, interest conflicts,
and so on.
Mutual funds is one of the additional financial tools which plays a vital role in the compilation of effective savings and investment through the use of those savings in the stock market, and provides an opportunity for investors of different types o
f investment in these markets under the supervision of specialized investment management . The research aims to study of Mutual funds, its inception, its concept, its advantages, types and statement requirements required in the Commercial Bank of Syria of requirements in support (the availability of stock market and the availability of sources of funds are important in the bank) and other requirements (legislative, legal and human and technical). And the research aims to the search for important results and recommendations that help in the establishment of Mutual funds in the Commercial Bank of Syria.
