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UFG AM
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Moscow, 107031, Russia
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Russian Services
United Financial Group Invest (“UFG Invest”) was established in 1996 to provide asset management services to Russian domestic clients. The company is wholly-owned by UFG Asset Management and holds a license issued by the Russian Federal Financial Markets Service on 31 October 1996. The license authorizes UFG Invest to manage retail Russian mutual funds (PIFs), individual accounts and private pension funds. UFG Invest was one of the first asset managers in Russia to set up the domestic open-ended equity mutual fund Pyotr Stolypin to serve Russian retail and institutional investors. The Pyotr Stolypin fund’s disciplined portfolio strategy has resulted in steady rouble returns even during the most volatile periods of the Russian market. In November 2002, UFG Invest launched the open-ended bond mutual fund Russian Bonds and in August 2006, UFG INVEST – Balanced with a balanced investment strategy. According to NAUFOR (National Association of Stock Exchange Members) estimates, UFG Invest has the highest rating of reliability – AAA.
Pyotr Stolypyn
The investment objective of the Fund is to achieve long-term capital growth, primarily through investments in equities actively traded in the markets of the Russian Federation. The manager constructs the Fund´s portfolio on a stock-by-stock basis. Every purchase is evaluated by weighting the potential gains against associated risks.
UFG INVEST - Balanced
The Fund's main objective is long-term capital growth through investments in equity and bonds markets. The investment strategy supposes a wide range of stocks and bonds fractions varying from 0% to 100%. A balanced strategy allows to easily change the asset ratio. The Fund may invest in part of assets in expanding companies, less liquid second tears shares and in so-called "rising stars". As for bonds, the choice will be made in favour of emitters with attractive risk vs. profit index as well as with the best potential for enhancing credit quality within a period of 6-9 months.
Russian Bonds
Russian Bonds is an open-ended mutual fund, which invests into fixed income instruments. About 20% of the portfolio is invested into liquid equities, which guarantees an optimized balance of reliability and high returns. Russian Bonds was the best performing open-ended bond fund in 2003.
How to buy in the UFG AM Onshore Mutual Funds
The Funds’ units are denominated in roubles and primarily intended to Russian domestic investors. Units can be purchased by transferring a minimum of Rb. 10,000 to the Funds’ account through Funds´ retail agents and Rb. 100,000 through the management company, and redeemed at any business day. The proceeds will be transferred to the holder’s account within 15 days following the redemption request. All the proceeds will be subject to Russian taxation according to investor’s tax status. The application form can be obtained either directly from UFG Invest or from the Funds’ retail agents. It is recommended to contact UFG Invest directly for further information regarding the fund’s purchase.
The information contained herein is not for distribution to and does not constitute an offer to sell or the solicitation of any offer to buy or sell any securities to any person in any jurisdiction in which such offer, sale or solicitation is prohibited. Prospective investors are advised to consult their financial advisor and to take separate advice as to the legal requirements within their own countries for investment in any of the funds as well as any securities, taxation or exchange control legislation affecting them personally. In addition, the funds and services have not been registered with the U.S. Securities and Exchange Commission, and as a result, such investment products are only available to certain accredited investors who have been pre-qualified by UFG Asset Management.
© 2002—2008 United Financial Group Asset Management
