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Russian Fund
Aim and investment strategy
The East Capital Russian Fund mainly invests in shares of companies exposed to growth in Russia and other former Soviet Union countries.
East Capital’s investment philosophy is based on a long-term perspective, fundamental analysis and active stock-picking, combining growth with value.
The fund’s strategy is to buy shares in low-valued companies that are expected to be supported by long-term development trends, such as growth in domestic consumption and investment. In order to obtain the best exposure, the fund invests in a wide range of sectors and companies. Two thirds of the portfolio consists of large or medium sized companies. The fund can have up to 10% of its net asset value invested in a single issuer, with most holdings being under 5%. The fund has a low turnover rate.
Fund fact
Risk
High
Manager
East Capital Asset Management AB
Fund's start date
1998-05-18
Quotation
Daily
Benchmark
MSCI Russia Index
Management fee
2,5%
Subscription fee
2,5%
Redemption fee
0%
Bank account (IBAN)
SE58 5000 0000 0586 4101 7968
ISIN code
SE0000777708
Bloomberg
EACRUSS
Lipper-ID
60048168
SEDOL
7402085
Key figures
| Total return in SEK | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|
| Russian Fund | -26% | 25% | 122% | -69% | 23% |
| RTS-index * | -18% | 17% | 112% | -67% | 12% |
| Net asset value (MSEK) | 9,645 | 17,153 | 11,407 | 3,960 | 15,222 |
|---|---|---|---|---|---|
| NAV per unit (SEK) | 1,091.94 | 1,479.66 | 1,187.77 | 535.59 | 1,746.94 |
| * RTS index has been converted to SEK. |
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