Company Management company Finam Management (hereinafter - the UK Finam Management, part of the investment holding company Finam) summarized his work on the management of mutual funds in September and third quarter of 2009. During this period, all open and interval mutual funds, formed a management company, have shown positive returns. The leader of the quarter was up sector fund Finam Metallurgy - for three months its shares have risen in price to 38,32%.
In September, the industry mutual funds specializing in investments in the metallurgical and engineering companies, also provided shareholders a higher yield, which amounted to 13,01%. This is the second figure for funds UK Finam Management. Best yields were only the owners of mutual fund shares mixed investments Finam First - 14,18%. For the third quarter, the corresponding figure was 30.01%. In this case, the high yield was achieved through the formation of a diversified portfolio that includes shares of companies that are leaders in their industries.
However, the focus on individual industries, as in the case of metallurgy, also proved effective investment strategy. For example, the branch PIF Finam Oil & Gas has brought to their shareholders 9,35% and 20,01% for September and third quarter respectively. The corresponding figures for the fund Finam Electric power industry were 9,25% and 20,5%. Since the beginning of the year, investors in mutual funds that earn 152.08%.
index fund Finam MICEX Index in the third quarter increased the value of the share of 19,53%, in September the growth was 10,4%. PIF Finam National , the structure of the investment portfolio of which define themselves shareholders, was also able to take advantage of favorable market conditions of the stock market - 11.53% for the quarter and 8.48% for September. Another fund with an aggressive strategy - IPIF Finam low liquidity shares - in September for investors earned 11.78%, and the last three months - 34.02%.
most conservative mutual funds open to the line of UK Finam Management - Finam Deposit - in September showed the yield at 0.62% in the third quarter - at the level of 2,31%. The fund also became a leader to increase the value of net assets - 25.07%. This is due to the fact that in September, some investors more aggressive mutual funds agreed to fix their profits by transferring funds in the units with minimal risk of reducing the price. Finam Deposit refers to the category of money market funds, placing the assets in the accounts of the most reliable Russian banks. He is most satisfied requests shareholder-oriented, first and foremost, to protect the capital.
Now the stock market is characterized by high uncertainty. His estimate is close to fair, any negative information can stimulate the correction. Under these circumstances, we expect continuing strong interest in conservative mutual funds. In determining the structure of the portfolio of our funds, we also plan to pursue prudent policies, betting on the most reliable tools, as well as selecting the paper, with substantial growth potential value. I think it will help to keep our clients' capital, and with favorable developments will increase it, - says CEO of management company Finam Management Andrey Shulga.
UK Finam Management has summed up results of the third quarter
Company Management company Finam Management (hereinafter - the UK Finam Management, part of the investment holding company Finam) summarized his work on the management of mutual funds in September and third quarter of 2009. During this period, all open and interval mutual funds, formed a management company, have shown positive returns. The leader of the quarter was up sector fund Finam Metallurgy - for three months its shares have risen in price to 38,32%.
In September, the industry mutual funds specializing in investments in the metallurgical and engineering companies, also provided shareholders a higher yield, which amounted to 13,01%. This is the second figure for funds UK Finam Management. Best yields were only the owners of mutual fund shares mixed investments Finam First - 14,18%. For the third quarter, the corresponding figure was 30.01%. In this case, the high yield was achieved through the formation of a diversified portfolio that includes shares of companies that are leaders in their industries.
However, the focus on individual industries, as in the case of metallurgy, also proved effective investment strategy. For example, the branch PIF Finam Oil & Gas has brought to their shareholders 9,35% and 20,01% for September and third quarter respectively. The corresponding figures for the fund Finam Electric power industry were 9,25% and 20,5%. Since the beginning of the year, investors in mutual funds that earn 152.08%.
index fund Finam MICEX Index in the third quarter increased the value of the share of 19,53%, in September the growth was 10,4%. PIF Finam National , the structure of the investment portfolio of which define themselves shareholders, was also able to take advantage of favorable market conditions of the stock market - 11.53% for the quarter and 8.48% for September. Another fund with an aggressive strategy - IPIF Finam low liquidity shares - in September for investors earned 11.78%, and the last three months - 34.02%.
most conservative mutual funds open to the line of UK Finam Management - Finam Deposit - in September showed the yield at 0.62% in the third quarter - at the level of 2,31%. The fund also became a leader to increase the value of net assets - 25.07%. This is due to the fact that in September, some investors more aggressive mutual funds agreed to fix their profits by transferring funds in the units with minimal risk of reducing the price. Finam Deposit refers to the category of money market funds, placing the assets in the accounts of the most reliable Russian banks. He is most satisfied requests shareholder-oriented, first and foremost, to protect the capital.
Now the stock market is characterized by high uncertainty. His estimate is close to fair, any negative information can stimulate the correction. Under these circumstances, we expect continuing strong interest in conservative mutual funds. In determining the structure of the portfolio of our funds, we also plan to pursue prudent policies, betting on the most reliable tools, as well as selecting the paper, with substantial growth potential value. I think it will help to keep our clients' capital, and with favorable developments will increase it, - says CEO of management company Finam Management Andrey Shulga.
Department of Public Relations and Media Investment Holding Finam.
Russia will not allow bilateral loan to Belarus and Ukraine
National Bank has received a positive result
Greek Premier Karamanlis resigned
Speculative recommendation on shares of Polyus Gold , Gazprom, Lukoil, Sberbank and VTB
In the case of retaining the level of 1130 points on the MICEX index, the new boundaries of local resistance could be 1230-1130 points
It is possible that in the course of Russia's trading, investors will return to purchase, considering last Friday's drop excessive
American stock market on Friday and the following week as a whole recorded a negative result
The dollar on Friday was unable to realize the advantages of the traditional safe currencies
Markets offer some hope for the statements of official representatives of the U.S. monetary authorities