OREANDA-NEWS. March 02, 2010. An interval of Kuznetsky Most hybrid fund managed by Managing Company of the Bank of Moscow was open from 1 March till 14 March.

"Interval funds unlike opened investment funds might be more profitable because the nature of the fund allows having more flexibility in management and in acquisition of underpriced securities including low liquid securities with high potential of growth. We forecast that profitability of Kuznetsky Most investment fund might be 20-30 percent this year", Vladimir Vedeneev, Director of Assets Management Department of Managing Company of the Bank of Moscow said.

Shares and obligations are acquired in assets of Kuznetsky Most investment fund. Acquisition of assets with long-term potential of growth is a priority. During seven years of management of the fund, from 18 March 2003 till 29 January 2010, calculated value of a share of Kuznetsky Most investment fund showed growth +220%. It is more than 30% a year despite a market disruption in 2008. It confirms the truth of the thesis about effectiveness of long-term investments.

You can acquire shares of the fund in all offices and branches of the Bank of Moscow. Also you can pay for the shares (if there is an earlier filed application for acquisition) via all Bank’s cash machines. Payment should be made in Russian roubles.