Finam – Information Technologies Fund Finam – Information Technologies is the first Russian mutual fund with a focus on investing in the IT sector, telecommunications and innovative projects. The fund allows you to become a shareholder in the most dynamic and promising Russian concerns. A promising area of business The IT and telecommunications industry is one of the most attractive investment vehicles in the Russian economy. The value of hi-tech projects is steadily on the rise both thanks to growing investor interest and the financial achievements of the relevant concerns. Thus, investing cash in securities and equity positions in Internet firms, software and innovative product developers and other participants of the IT sector could become one of the most profitable areas of investment. This outlook is confirmed by the experience of Finam Investment Holding, which is one of the biggest investors in the domestic IT sector. Projects which the holding owns and/or runs (contextual advertising system Begun, dating and chat portal Mamba, online creative agency E-generator.ru, PC game manufacturer Buka, and many others) are leaders in their segments and are rapidly improving their financial performance. Under the umbrella of Finam a center was formed for research and analysis of telecommunication and IT investment projects, employing the best Russian analysts. Its objective is to analyze and select the most challenging investment targets. Challenge criterion: the opportunity to add business value and generate sustainable profits in the mid-term outlook. A solution for investors However, at present, large investors predominate in the IT industry. Shares in the various companies are poorly represented on stock exchanges, while direct investments in their charter capitals require huge amounts. In addition, perspective investors need to have a keen knowledge of the market, track its trends and zero in not only on promising investment targets but also the companies to which they could be sold at a later time. A solution for private investors is closed high-risk (venture) investment fund Finam - Information Technologies. The fund was founded in early 2006 for the purpose of investing financial resources in shares and equity participations in charter capitals of a number of Russian IT companies. Its activities are supported by all intellectual and financial resources held by Finam. At present, we perform additional placement of equity participations of this trust fund. The proceeds are to be allocated to acquire IT assets which hold considerable upside potential. Efficient investments During the formative stage of mutual fund Finam - Information Technologies (December 2005 – May 2006), the minimum investment amount was Rb 1 mn. This limitation has since been abolished and an investor can now join the fund by contributing any amount of financial resources. An investor's return will be formed as his/her equity share gains value, since domestic IT companies offer robust growth rates. In addition, a shareholder will be able to earn profit when funds are distributed from the sale of assets which constitute the fund or when dividends are paid out on shares in the companies which the fund acquired. Over the last 6 months Finam – Information Technologies equity participations have gained more than 43% in value. This is a stronger figure than returns from most close-ended mutual funds, as well as those which invest cash on the equity market. Information about the results reported by Limited Liability Company Management company Finam Management
(License #21-000-1-00095 issued by the Russian Federal Securities Commission on December 20, 2002) | Name and type of mutual fund | # and registration date of regulations, name of the registering authority | Change in NAV in October, % | Change in equity participation value in October, % | 3-month change in equity participation value, % | 6-month change in equity participation value, % | 12-month change in equity participation value, % | 3-year change in equity participation value, % | Close-ended mutual fund of high risk (venture) investments Finam – Information Technologies
The fund was formed on February 22, 2006 | Trust management regulations were registered with the Federal Securities Service of Russia under entry #0446-78559613 on December 20, 2005 | -0.17 | -0.17 | -0.33 | 43.44 | - | - |
Investors are advised to carefully study the rules of trust management of the mutual fund. Value of equity participations could increase or decrease and the results of investments in the past do not determine future returns. The state does not guarantee returns on investments in investment funds. The Rules of trust management of mutual funds managed by Finam Management Company provide for markups to the estimated value of equity participations when they are issued and discounts to the estimated value of equity participations when they are redeemed. Charging markups (discounts) will reduce returns on investments in equity participations of a mutual fund. To find out more about how you can invest in mutual fund Finam - Information Technologies, please contact Grigory Yudashkin. Manager, International Business Development
Grigoriy Yudashkin
yudashkin@finam.ru
Tel:+ 7 495 204-8168
Fax: + 7 495 204-8107
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