FMG (EU) Rising 3 Fund gained 15% in the 4th Quarter, and 4% for 2020

Russia:  After a nine month dreadful equity streak for 2020, Russian equities came alive in the fourth quarter and the market posted a gain of 20% to help reduce the year’s loss to a low teen number.  Retail investors in Russia have opened a wave of new equity trading...

Russian Federation First Mercantile Fund gained 32% in the 2nd Quarter

After a dreadful first quarter, Russian equities followed an improved global sentiment as the liquidity pump kicked in around the world and spooked investors started to re-enter the market again.  Russia benefited from a monster recovery in the oil price that saw...

Russian Federation First Mercantile Fund lost 46.8% in the 1st Quarter

Russian equities suffered from a double whammy of the oil war with Saudi Arabia in addition to the fast deteriorating corona effect on the markets. OPEC tried to resolve the sharp drop in demand for oil but were only able to gut around 10% of the estimated 30% reduced...

Russian Federation First Mercantile Fund (RFFMF) – Important Notice

Kindly note that the back-end load fee classes of Russian Federation First Mercantile Fund (RFFMF), namely Class F USD, Class F EUR and Class F GBP, have been closed for new subscriptions with immediate effect. Shareholders have also been notified of a re-structure...