The federal equity market act of Russia defines trust managing in the following way: "Activity on the management of securities is realization by a legal entity sui juris for a fee during the certain term of trust management of delivered to him and belonging to another person in behalf of this person or third persons indicated by this person:
securities;
money facilities intended for investing in securities;
money facilities and securities got in the process of management of securities.

The professional participant of equity market, carrying out activity on the management of securities, is named a manager.

During realization of the activity the manager is under an obligation to specify that he operates as a manager".
The characteristic feature of TM is enough high entrance threshold and as compared to unit investment trust higher mobility and flexibility investment decision-making and its realization.

It enables the Managing Company in the network of one TM agreement:
to carry out, both short-term speculative and more long operations related to financing of increase of cost of asset.

High liquidity and guided correlation of risk/profitableness is kept up;
to diversify the obtained funds to different segments of market, reducing thereby the total risks.
You as management founder delivere money facilities and securities to the trust manager.

An income from the management is transferred to you or to the third persons indicated by you.

You and the trust manager enter into an agreement of trust managing describing rights and duties

of sides, terms of reward, investment declaration, term of trust managing, and also other terms. Maximally possible term of the TM agreement is 5 years.

After th is term the agreement

is necessary to be prolonged.