05
July
2011
METROPOL Afina ranks 2nd among the most profitable mutual funds
According to the National Managers League, METROPOL Afina
Open-End Hybrid Mutual Fund managed by LLC METROPOL Management
Company ranks the 2nd among 102 similar funds in a rating of the
most profitable share investment funds in the first half of
2011.
METROPOL Afina managed by LLC METROPOL Management Company showed a
12.27% value growth, while MICEX index dropped by 1.3% over the
same period.
Factors contributing to the fund’s healthy performance include
transactions with shares of interregional companies and their
subsequent conversion to Rostelecom shares.
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About the company:
LLC METROPOL Management Company was established in 2002. Its
equity exceeds RUB 125 million, while the assets under its
management are worth over RUB 3.3 billion (as of 31 December
2010).
The funds managed by the company include METROPOL Zolotoe
Runo Open-End Share Investment Fund, METROPOL Afina Open-End Hybrid
Mutual Fund, METROPOL Zevs Open-End Bond Mutual Fund, and METROPOL
Poseidon-MICEX Index Open-End Index Mutual Fund. National Rating
Agency has rated the company as АА (very high reliability, second
level).
LLC METROPOL Management Company is a member of Non-Profit
Partnership National Managers League and Non-Profit Partnership
National Non-Governmental Pension Fund Association.
