THE WORLDS LARGEST OIL PRODUCER

Million People

Land Area (mn km²)

Oil Reserves (bn barrels)

Market Cap (USD bn)

RUSSIAN FEDERATION FIRST MERCANTILE FUND

Russia is the world’s largest country spread over vast areas in Europe and Asia with the access to the Atlantic, Pacific and Arctic oceans. It covers nine time zones and shares more than 20,000 km of common border with other states. Russia is also the world’s largest oil producer and second largest in natural gas. In September 1995 FMG was one of the earliest fund companies to launch a Russia fund.

Russia at a Glance

•   Equities are trading at very low valuations
•   One of the largest and fastest growing consumer markets
•   Solid balance sheet and very low public debt
•   Unique geographic position and vast natural resources

MOST RECENT POSTS

ASSET ALLOCATION

  • Oil and Gas 61%
  • Banking and Finance 29%
  • Chemicals 3%
  • Technology, Media and Telecommunications (TMT) 2%
  • Real Estate 2%
  • Metals 1%
  • Food Processing 1%
  • Cash 1%

FUND DESCRIPTION

The Russian Federation First Mercantile Fund offers investors access primarily to the Russian stock market, with some exposure to other markets in the CIS. The investment objective is to achieve long term capital appreciation utilizing concentrated sectors and portfolio strategy. The fund invests mainly in companies with short and long term profit opportunities benefiting from export, domestic consumption and investments within Russia and CIS countries.

Fundamental analysis is utilized to source attractively priced companies with significant growth potential. Quantitative analysis may be used from time to time as a portfolio allocation tool. The fund may invest in a wide range of industry sectors and in various market capitalization companies. Fund liquidity is an integral risk management element. The opportunistic and concentrated nature of the portfolio targets investors with a higher risk-reward return profile.

FUND PARTICULARS

Investment Profile
Investment Focus
Investment Objective
Investment Horizon
Risk Level
Management
Fund Structure
Fund Type
Inception
Base Currency
Currency Classes
Minimal Init. Investment

Emerging Markets
CIS Large-Cap to Mid-Cap
Listed Equities
3-5 Years
High
Single Managed
Open Ended Investment Company
Segregated Accounts
1995
USD
USD, EUR, GBP
$ 10.000
or lower when dealt via »»

Dealing
Prenotice (Buy)
Prenotice (Sell)
Cut-off Time
Load Fee
Annual Management Fee
Performance Fee
Income Distribution
Domicile
Authority
Custodian
Administrator
Audit

Weekly
1 Business Day
5 Business Days
05:00PM CET
Up to 5%
2%
20% above 8%, HWM
Accumulation
Bermuda
BMA
Credit Suisse
Apex Fund Services
Grant Thornton

 

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Disclaimer: FMG (MALTA) Ltd. (“FMG”) is licensed by the Malta Financial Services Authority (“MFSA”) as a category 2 Investment Services Provider as provided in the Investment Services Act Chapter 370 of the Laws of Malta. FMG is authorized to act as a full scope alternative investment fund manager (“AIFM”) in terms of Directive 2011/61/EU of the European Parliament and of the Council on alternative investment fund managers (“AIFMD”). This summary is for information purposes only and does not constitute an offer to sell or a solicitation to buy. Citizens or residents of the United States and India may not invest in these Funds. All Funds may not be marketed to Swiss citizens or residents except those considered as “regulated qualified investors” by the Swiss Collective Investment Schemes Act and the Swiss Collective Investment Schemes Ordinance. All Funds are not to be marketed to EU or EEA investors. Investors who wish to obtain information on these funds will only be provided any such materials upon receipt of an appropriate reverse solicitation request in accordance with the requirements of the EU AIFM Directive, Swiss Law and/or national law in their home jurisdiction. Opinions and estimates constitute the manager’s judgment and are subject to change without notice. Past performance is not indicative of future results. Investments in Emerging Markets should be considered high risk where a portion or total loss of capital is conceivable. No assurance can be given that the investment objective will be achieved or that an investor will receive a return of all or part of his/her initial capital, and investment results can fluctuate substantially over any given time period. Please refer to the relative fund’s prospectus which contains brief descriptions of certain risks associated with investing in the fund. FMG funds or third-party funds marketed by FMG are aimed at experienced investors and you have to ensure you are able to invest in such funds. Questions should be directed to your local representative or financial advisor. This document may not be reproduced, distributed, or published for any purpose without the prior written consent of the manager. All information contained in this communication is as provided by FMG (MALTA) Ltd. Copyright (C) 2017 FMG. All rights reserved. Return chart: Russian Federation FM Fund C ISIN BMG3474A1190, MSCI EM Index, MSCI Russia Index (USD) 1995-07-31 to 2017-06-30, data source: Bloomberg. Exposure chart is updated July 2017, data source: FMG Copyright (C) 2017 FMG. All rights reserved.