Investment Funds Bank of Moscow Join Top-10 in October 2010
OREANDA-NEWS. November 17, 2010. On the basis of the results for October 2010, Investfunds.ru puts three of the mutual investment funds (MIF) of Asset Management Company of the Bank of Moscow (AMC of the Bank of Moscow) in the Top-10 in terms of returns: "Okhotniy Ryad — consumer sector enterprise fund" (4th place), with a plus 9.28% rise in share value, "Red Square — shares in state-invested companies" (6th place) and "Manezh Square — share fund" (9th place), with a plus 8.08% and plus 7.1% rise in share value, respectively.
Also the best in their categories by the end of the first 10 months of 2010 were the following funds:
— "Stock Square — MICEX index" — best index MIF in terms of returns among open funds, with a plus 12.74% increase since the beginning of the year (the MICEX index rose by 11.2%);
— "Red Square — shares in state-invested companies" — best MIF in terms of returns among open state-owned company funds: plus 16.82%;
— "Ostankino — telecommunications fund" — best MIF in terms of returns among open telecommunications sector funds, with a result of plus 30.24% (the MICEX-telecommunications index rose by 23.1%).
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