OREANDA-NEWS. On December 10, 2010, Troika Dialog enacted changes in the fund management rules of equity fund “Troika Dialog – Potential”1 and bond fund “Troika Dialog – Risky Bonds” 2. The funds have switched from the open-ended type to the interval type. Investors may now complete operations with shares in these funds on a daily rather than quarterly basis according to the work schedule of the company’s sales offices.

According to Anton Rakhmanov, Managing Director at Troika Dialog AM, “We have changed the management rules of two of our funds for our clients’ benefit. This will allow investors to purchase and redeem mutual fund shares on any day, thereby greatly increasing the shares’ liquidity. We believe we can provide enough liquidity to the funds’ securities holdings to allow daily operations without losing any profits. More broadly, Troika Dialog continues to modify its mutual fund offering in anticipation of investors’ needs, as exemplified by mixed-investment fund “Troika Dialog – BRIC,” 3 launched this fall, which invests in assets on BRIC markets. Soon to follow is another product with a similarly innovative and profitable strategy.”

“Troika Dialog – Potential” invests in the equities of small and mid-cap firms. The YTD ruble yield of “Troika Dialog – Potential” totals 48.1%, versus an RTS Index gain from the start of the year until November 30, 2010, totaling 10.6%. A thorough stock picking approach led to this impressive result. The strongest contributors to the fund’s increased profits were equities in consumer sector firms as well as equities in regional telecoms operators.