OREANDA-NEWS. July 18, 2008. The Mutual investment funds of Management Company of the Bank of Moscow "Trubnaya Square — Russian Metallurgy" and "Trubnaya Square — Russian Oil" are again among the Top-5 best mutual funds in terms of annual yield

According to InvestFunds.ru, the funds "Trubnaya Square — Russian Metallurgy" and "Trubnaya Square — Russian Oil" managed by Management Company of the Bank of Moscow are among the five leading open mutual funds offered on the Russian mutual investment market in yield terms.

From the 2 nd quarter of 2007 until the end of the 2 nd quarter of 2008, "Trubnaya Square — Russian Metallurgy" fund made its investors 42.63% (the second highest on the market), while "Trubnaya Square — Russian Oil" yielded 28.70%.

According to the General Director of Management Company of the Bank of Moscow Elena Kasyanova, the high yield on the "Trubnaya Square — Russian Metallurgy" and "Trubnaya Square — Russian Oil" funds is not only a result of rising shares in the metal and oil-and-gas sectors, but also of a correctly chosen strategy for managing the given funds.