OREANDA-NEWS. September 1, 2010. From 1 through 14 September 2010, the next interval will be opened of the "Kuznetskiy Most" Mutual Fund managed by Asset Management Company of the Bank of Moscow (AMC of the Bank of Moscow).

The fund’s assets are invested in shares with a growth potential and in bonds with a stable percentage income. That makes it possible to gain profits from growth of the stock market with a lower stock market investment risk owing to the bond component. Long-term investment in shares provides an opportunity to receive high income compared to traditional forms of saving, which bring in a stable but low percentage.

"Over the more than 7 years the fund has been managed, from 18 March 2003 through 25 August 2010, the bid price of a unit in the „Kuznetskiy Most“ Mutual Fund has demonstrated an increase of +221%, meaning an average of 30% per annum, in spite of the fall of the market in 2008. This confirms that the postulate of long-term, multi-year investments being effective is correct", noted Vladimir Vedeneev, Director of the Asset Management Department of AMC of the Bank of Moscow.

Shares in the fund may be bought and sold at agency points for operations with investment shares of AMC of the Bank of Moscow throughout Russia. Payment may also be made for shares (provided a purchase application has been submitted) through all the Bank of Moscow ATMs. Payment is made in rubles. The minimum sum is 1000 rubles and there is no upper limit.

Links:
AMC of the Bank of Moscow — www.bm-am.ru
Kuznetskiy Most Mutual Fund — http://www.bm-am.ru/ru/vyibor/bom_uk/kuznetsky_most/

For information:

Asset Management Company of the Bank of Moscow — is one of the leaders on Russia’s asset management market. AMC of the Bank of Moscow has an individual rating of the National Rating Agency of "ААА" (maximum reliability). In 2010, AMC of the Bank of Moscow became a winner in the 3 rd annual competition "Russian mutual investment market" in the category "Mass investor company". The Bank of Moscow holds 100% of the shares in AMC of the Bank of Moscow. Licences of the Federal Service for the Financial Market of Russia No. 21-000-1-00014 of 04 February 1997 and No. 077-08114-001000 of 16 November 2007.

Detailed information about AMC of the Bank of Moscow, Mutual Funds under its management, changes in the price of fund units and returns on investments in different periods may be found on the AMC of the Bank of Moscow website (www.bm-am.ru).

Telephone number in Moscow: (495) 925-80-00, in other cities: 8 (800) 200-23-26 (free phone).

The value of investment shares may go up and down. The state does not guarantee a return on investments in Mutual Funds. Previous figures are no guarantee of future yields. Before acquiring an investment share, the investor should familiarise himself carefully with the Mutual Fund trust management rules.