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NEPTUNE RUSSIA & GREATER RUSSIA B - Fund overview

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Overview of NEPTUNE RUSSIA & GREATER RUSSIA B

The fund targets capital growth through investment mainly in Russian equities and has a bias to larger companies. The fund principally invests through overseas listings, often in the US - this gives Neptune greater confidence as such companies are required to follow US accounting standards. Historically the fund has outperformed its index with less risk, but investors should be aware that the Russian market can be highly volatile, even when compared to other emerging markets.

Standard Initial Charge

0.00% 0.00%

Fund summary

Sector  Specialist
Product type  OEIC
Launched  December, 2004
Size  £454m
Yield 0.2%
Charging basis  Income
Dividends paid  Acc units only.
Bid price 275.20p

Fund Charges

Standard Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.25%
Total expense ratio 1.37%
Reduction in yield (10yr) 1.37%

Bestinvest says


Historically the fund has outperformed its index with less risk, but investors should be aware that the Russian market can be highly volatile, even when compared to other emerging markets.

Portfolio

neptune russia & greater russia b asset allocation illustration
Allocation Proportion
Equity 95%
High yield bonds
Quality bonds
Property
Commodities
Hedge
Fund cash 5%
neptune russia & greater russia b equity geographic illustration
Allocation Proportion
UK
Europe 0%
Nth America
Japan
Pacific
Other Equity 100%
neptune russia & greater russia b equity capitalisation illustration
Allocation Proportion
Large Caps 74%
Mid Caps 25%
Small Caps 1%

Investment process


The investment objective of the fund is to generate capital growth from investment predominantly in Russian and Greater Russian securities or securities issued by companies transacting a significant proportion of their business in Russia and Greater Russia. The fund has a bias to larger companies, with Neptune favouring global companies that tend to dominate within the sector or sub sector in which they operate. The fund invests primarily via American or Global Depositary receipts, which are listed predominantly in the US. These require the companies to follows the same accounting standards as US companies - Neptune believes that this gives full confidence in the information disclosed.

Analysis at Neptune is split into three simultaneous, parallel, research areas: economic regions, global sectors, and individual companies. The UK based team are split by sector globally, with individual company analysis tending to focus on sectors they believe will benefit from current economic circumstances.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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