Services and Tariffs

	Asset Management (TRUST)

Asset Management (TRUST) service is intended for a great majority of such investors who are ready to trust management of their assets to professional portfolio managers. This service is usually applied by organizations and natural persons who lack skills needed to make independent decisions on the portfolio management or who are short of time.

TRUST is in high requisition. Yield of TRUST investments (up to 32% yearly) significantly exceeds the yield of bank deposits (5%-8% yearly).

The most popular and available product is Standard TRUST where monetary assets are mainly invested into Russian shares. In management practices our company prefers a «middle risk» policy. Depending on market situation the share fraction in the portfolio makes from 30% to 100%. In cases of estimated fall of shares their fraction decreases and may reach zero, so released monetary assets are being invested into bonds up to the moment when the Manager considers their price attractive for purchase. In this case the bonds are being sold, and shares purchased.

The main idea of our management is both to «guess» the most underestimated shares able to have the maximum growth and to "wait through" unfavorable periods at stock markets «in money and in bonds». This kind of strategy is very actual for unstable time periods (especially in Autumn). This strategy proved its usefulness in the 11th September tragedy and recent events on October 27, 2003 (arrest of Khodorkovsky, YUKOS case).

Minimum volume of investments to Standard TRUST is $5,000.

Manager's fee makes 20% of the net income.
(In contrast to many other companies we take no fixed rate of assets for management).

Besides Standard TRUST we also offer TRUST with limited risk and Personal TRUST.

Trust with limited risk is a very special sort of TRUST. It has very much in common with a well known bank deposit. Choosing this product our clients may be sure that even in any unstable period on fond markets they will be able to get back their money after one-year period without any loss.

Personal TRUST means outlining of management strategy depending on the Customer's demands. It is presented on the Investment Declaration which is an integral part of Asset Management Agreement.

Our specialists are very experienced in investment portfolio management and are capable to gain profit not only under conditions of growth but both decrease of prices for shares. In many cases risk management system which we have developed helps our portfolio managers to avoid losses. We try to limit risks by means of diversification of investments and use distinctive investment strategy.

You may turn with questions to Andrey Amelin
Tel./Fax + 7 (495) 956-68-85