News
5  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.


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