One of the primary social and economic tasks to be solved for the innovational development of the Russian economy is the enhancement of the individual investors’ investment activity. The article ...shows the most important factors that contribute to enhancing the investment activity of individual investors through the market of mutual investment funds on the basis of the revealed advantages of the joint investment institute under consideration. The authors of the work offer ways to enhance the investment activity of individual investors, including by improving functioning of mutual investment funds and their infrastructure. The article offers a system of indicators related to the social and economic development of Russia that was formed on the basis of analyzing the environment indicators of the mutual investment funds market. It is offered to supplement the system developed by the authors with the following elements: number of open- ended mutual investment funds, price of net assets of open- ended mutual investment funds, and inflow (outflow) of the capital in open- ended mutual investment funds.
The paper introduces and confirms the following hypothesis: the system of the investment fund market indicators can be considered as an indicator of the country's socio-economic development. In order ...to confirm the suggested hypothesis the paper has investigated the advantages and disadvantages of investment funds, promoting and hindering expansions of investment funds in the collective investment market, and has developed their classification according to a number of attributes. A system of indicative ratios of socio-economic development has been proposed in relation to the investment fund market: number of open-end mutual funds; net asset value of open-end mutual funds; capital inflow (outflow) into open-end mutual funds. The analysis of the Russian open-end mutual fund market has been performed. Based on this analysis, conclusions about the state of the economic and social development in Russia have been made.
