Adequacy of information as precondition for growth and development of funds industry in Montenegro.

Adekvatnost informacija kao uslov razvoja i rasta fondovske industrije u Crnoj Gori.

This work is about information on investment funds, relevant for both their stakeholders and regulatory bodies as well as the potential investors. Informational base especially highlights the prospect of the fund through the following: transaction costs in companies, operational costs and effects of provision on earnings in long-term period. In addition to profile and content of the prospect, not less important for the investor are additional information and periodical reports. This work analyses the information offered by the funds' industry in Montenegro, as the youngest part of financial market which started to operate in spite of negative circumstances. [ABSTRACT FROM AUTHOR]