AMC of Bank of Moscow Opens Interval of Mutual Fund
OREANDA-NEWS. January 14, 2011. The next interval of Mutual Fund "Serebryaniy Bor — Precious Metals" managed by Asset Management Company of the Bank of Moscow (AMC of the Bank of Moscow) is open from 14 through 27 January 2011.
As of 31 December 2010, the value of a share in the fund amounted to 1575.37 rubles and the net asset value of the Mutual Fund had increased to 241,895 million rubles.
The increase in the share price as of 31 December 2010 amounted to:
• since the end of the last interval (27 October 2010):+ 8.46%;
• over 2010: + 41.3%;
• since the fund was set up (15 April 2009): + 57.54%.
Mutual Fund "Serebryaniy Bor — Precious Metals" is interesting to investors since it has a substantial growth potential and makes it possible to acquire an investment portfolio consisting of different precious metals в. At the same time, the managers select the optimum weight ratio for the metals: gold, silver, platinum and palladium. As of 31 December 2010, the assets of the MIF "Serebryaniy Bor — Precious Metals" included: — gold — 33.77%
— silver — 24.59%
— palladium — 20.36%
— platinum — 19.22%
— cash — 2.06%
The investment share price at which, at the end of the interval, settlements will be made on issue and redemption of Mutual Fund "Serebryaniy Bor — Precious Metals" shares will be determined on the last day of the interval — 27 January 2011.
Fund shares may be bought, exchanged and sold through agency points conducting operations with AMC of the Bank of Moscow investment shares throughout Russia. Payment may also be made for shares (on the basis of a prior purchase application) through all Bank of Moscow ATMs. Payment is made in roubles. The minimum sum is 1000 rubles but no maximum is set.
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