OREANDA-NEWS. December 27, 2010. One of the best profitability results has been ensured in the Russian market of collective investments.

According to the evaluation of Investfunds.ru, two mutual funds of Asset Management Company of the Bank of Moscow (AMC of the Bank of Moscow) have been in the top 10 of the profitability rating¹ since the beginning of 2010:
  • "Okhotny Riad — Fund of the Consumer Sector Enterprises" (3d position), which demonstrated the growth of the share cost by 51%;
  • "Zamoskvorechie — Power Engineering Fund" (9 th position) with the share cost having increased by 45.65%.

Additionally, the following funds have become the best in their categories according the results of 11 months of 2010:
  • "Birzhevaya Ploschad (Stock Square) — MICEX Index" — the best index mutual fund in profitability among the open funds with the result being +15.88% since the beginning of the year (the MICEX index have grown by 14.27%);
  • "Red Square — government participation companies’ stocks" — the best mutual fund in profitability among the open funds of the state companies: +20.95%.

Share cost growth since the beginning of the year as of 17.12.2010 MICEX Index  21.67%
Okhotny Riad  70.97%
Trubnaya Ploschad  49.33%
Zamoskvorechie  46.65%
Ostankino  38.50%
Serebrianiy Bor  37.80%
Manexhnaya Ploschad  33.67%
Ploschad Pobedy  33.19%
Kuznetsky Most  26.70%
Red Square  26.64%
Birzhevaya Ploschad  24.06%
Rozhdestvenka  17.25%
Triumfalnaya Ploschad  14.75%
Nakopitelny Reserv  14.63%
Volkhonka  11.35%
Zvezdniy Boulevard  9.97%
Rublevka  6.63%


The Mutual Funds’ assets investment tools have been improved:
  • The scheme of the foreign securities acquisition has been perfected;
  • The amendments to the Fund Rules improving the terms of the depositary receipt acquisition and making it possible to perform the REPO operations with the mutual fund assets have been registered.

The new investment strategies have been offered in the market for the first time:
  • The dynamic acquisition of foreign securities to the assets of the share mutual funds has been started;
  • The strategy of the "Zvezdniy Bulvar — Stars of Securities Market" Mutual Fund has been reoriented at the investment into shares of the BRIC country companies. As a result it was renamed as "Zvezdniy Bulvar — Stars of BRIC".

The new possibilities for consulting the mutual fund share owners have been offered:
  • Through the direct address to Elena Kasyanova, CEO of AMC of the Bank of Moscow, within the framework of the Hot Line on Banki.ru: Elena Kasyanova daily answers questions regarding the service, products and services of AMC of the Bank of Moscow and the market of collective investments in general: http://www.banki.ru/services/questions-answers/?id=2137087;
  • Through the application on the company site www.bm-am.ru for an individual free consultation in the investment for the private and corporate clients; the investment consultant shall promptly contact the client upon the application receipt;
  • You can use the common inquiry system of the Bank of Moscow to get a free consultation by calling at +7 (495) 925-80-00 (Moscow) or 8-800-200-23-26 (regions) and asking to put your call through the financial consultants at the extension numbers: 20-610, 20-636, 20-637, 20-644, 20-656;
  • To send your question to the specialists of AMC of the Bank of Moscow regarding any area of the company activities by email yk@mmbank.ru.

The terms of investing into the mutual funds have been improved:
  • The extra charges for the share acquisition are abolished;
  • A function of the share exchange between the open and interval mutual funds managed by AMC of the Bank of Moscow have been introduced;
  • The shares of the "Birzhevaya Ploschad — MICEX Index" Mutual Fund have been put on the A1 quotation list, and shares of the "Serebrianiy Bor — Precious Metals" and "Zvezdny Bulvar — Stars of BRIC" Mutual Funds have been admitted to circulation in the category of the off-list securities to increase the liquidity of funds and provide the institutional investors with a possibility of a purchase thereof. Thus, the shares of five mutual funds circulate at MICEX:
— "Birzhevaya Ploschad — MICEX Index";
— " Red Square — government participation companies’ stocks ";
— "Zvezdny Bulvar — Stars of BRIC";
— "Kuznetsky Most";
— "Serebrianyi Bor — Precious Metals".
The stock circulation of shares enables the mutual fund share owners to promptly sell and buy shares not only of the open, but also of the interval funds. The transaction may be closed from home on a real-time basis.

The infrastructure has been improved:
  • The Specialized Depositary of the Mutual Fund Registrar have been separated;
  • The function of keeping the register of the mutual fund shares owners has been assigned to KRTS LLC, an independent registrar. The amount of the Registrar’s fee is reduced by 20%.

The services opportunities for the share owners have been improved:
  • The Mutual Fund Share Owner’s Office, where one can get the personalized information on the operations with shares using the remote access systems of the Bank of Moscow, has been organized (Internet-banking, Web-banking).

Links:
AMC of the Bank of Moscow
Investfunds.ru — Profotability ratling of the mutual funds

¹ Funds with the net asset value exceeding 50 million rubles

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 shares 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.

Contact info:
Press office of the Bank of Moscow:
Tel.: +7 (495) 624-74-40
E-mail: pr@mmbank.ru