Warsaw Stock Exchange launches investment fund platform

The Warsaw Stock Exchange (WSE), in cooperation with company OFI, has launched an Internet platform on investment funds, thanks to which users can learn more about TFI units and acquire them. According to WSE president, Wiesław Rozłucki, the bourse wants to provide services far exceeding its core activity. Through the platform one can buy units of seven TFIs but, "We are in talks with other funds," assured OFI president Roman Lewszyk. I nvestors willing to use this services will have to pay normal fees for acquiring fund units. A similar platform was launched at the beginning of the year by mBank, but only account holders can use it. The bank hopes to have sales amounting to about zł. 300 million this year. OFI would not reveal any financial plans, but its own internet platform, operational since 2000, has only managed to record sales totalling zł. 100 million. (Parkiet, p. 7) M.M.