The management company NIKoil intends to form several closed mutual investment funds by 2003. This was reported by CEO Anastasia Zoteeva. According to her, at present the management company is preparing documents for the formation of such funds, which will be focused on real estate. «This year we will spend on the formation,» — she said, noting that this procedure takes quite a long time, and until the formation of the fund the company will not advertise mutual funds. Zoteeva also said that after the formation of closed-end funds, the shares of these funds will most likely be allowed to circulate on the exchange floors. the number of shareholders exceeds 70 thousand. The yield from investments in units of mutual fund bonds in 2002 was 18.3% per annum in foreign currency, mixed investments — 35%, shares — 41%.