TSE Unveils First Sector Fund

Tehran Stock Exchange on Sunday unveiled the first sector fund for the petrochemical industry to attract indirect investment to the key sector.
Mahmoud Goudarzi, the TSE chief, said, "Sector funds are being developed to diversify investment instruments and help meet the needs of investors," the TSE website quoted him as saying. 
The ‘Agah Petrochemical Sector Investment Fund was created by the Tehran Stock Exchange in cooperation with Agah Portfolio Manager Group, and is approved by the Security and Exchange Organization, Goudarzi said.