Sberbank Asset Management Funds Lead in Terms of Yield for 2013
OREANDA-NEWS. Three funds managed by Sberbank Asset Management have taken top ten positions in a rating of mutual investment funds compiled by Investfunds that focuses on yield in 2013. Open-ended equity fund "Sberbank - Telecommunications and Technology" topped the rating of yield achieved among all open-ended and interval mutual investment funds with an NAV of over RUB 10 mln, having recorded a share growth in 2013 of 56.89% year-on-year.
Third place was secured by open-ended equity fund "Sberbank - Global Internet" with a share growth of 54.17%. Open-ended equity fund "Sberbank - Consumer Sector" posted a share growth of 29.26% and thereby took tenth place in the rating. For comparison, MICEX industry indexes - the MICEX Telecommunications Index and the MICEX Consumer Index grew by 11.4% and 22.1% in the same period, respectively. Meanwhile the MICEX Index (the broader market benchmark) added 2%.
Sberbank AM's funds also took leading positions in terms of the amount of investor money attracted in 2013. The top spots in the Investfunds rating went to open-ended bond fund "Sberbank - Ilya Muromets Bond Fund" (amount attracted in 2013 totalled RUB 3,789.49 mln), open-ended equity funds "Sberbank - Telecommunications and Technology" (RUB 1,988.75 mln) and "Sberbank - Global Internet" (RUB 1,543.64 mln), and open-ended bond fund "Sberbank - High Yield Bond Fund" (RUB 1,534.09 mln). Open-ended bond fund "Sberbank - Eurobonds" (RUB 1,416.87 mln) took tenth position in the rating of mutual funds by amount of investor money attracted. Overall, Sberbank Asset Management is the leader in terms of inflow to funds, which in 2013 reached RUB 8,128.51 mln.
Open-ended equity funds "Sberbank - Dobrynya Nikitich Equity Fund" and "Sberbank - Telecommunications and Technology", and also open-ended bond fund "Sberbank - High Yield Bond Fund" were among the top ten funds by net asset value as of December 31, 2013.
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