HEDGE FUND

The Fund has been created for receiving profit bigger than stock market in general do. The Fund uses arbitration instruments and active management strategies; acceptable are investments to any publicly traded instruments, who have quotes on any segments of securities market.

The Sub-Fund invests into securities circulating on the organised markets of developed and developing countries.

INVESTMENT STRATEGY

Within the Sub-Funds activity short positions in respect of securities and/or derivatives may be opened as well as leverage.

DERIVATIVES

LEVERAGE

The Sub-Fund can invest into derivatives on discretion of Portfolio Manager

The maximum Sub-Fund leverage coefficient (including the cost of derivatives) is 4:1.

STABILITY

CONFIDENCE

FUTURE

Currency: USD

Cut-off rate: 12%*

High Watermark (HWM): NAV per Series as of the end of the preceding calendar year (less Manager's Fee and Success Fee for the preceding year)

Manager's Fee (MF): 2% of HWM, if NAV profitability per Series exceeds 12%; 1% of HWM, if the profitability is over 2.5%, but below 12%; it is paid annually from the Sub-fund assets

Success Fee (SF): 20% of NAV (less MF and HWM), if NAV profitability is over 12%; 10% of NAV (less MF and HWM), if NAV profitability is less than 12%; it is paid annually from the Sub-fund assets

Period of letter of allotment: ten (10) business days

Redemption notification period: ten (10) business days

Allotment fee: no

Redemption fee: no

Period of redemption limitation: no

*NAV rate of return, below which Manager's Fee and Success Fee decrease by factor of 2

The developed countries include: USA, Canada, United Kingdom, Switzerland, France, Germany, Italy, Spain, Japan, Austria, Australia and new Zealand. The list of developing countries is limited to the countries having credit rating ВВВ- assigned by one of credit agencies: S&P, Moody's, Fitch.

The requirements to international and internal credit ratings of the issuer of debt securities into which the Sub-Fund can invest and perform short sales are not stipulated.

* Free of additional non-market temporary revenues and costs.

Everything begins with personal acquaintance with our skilled colleagues and investment manager. The goal of such meetings is correct understanding the client's wishes and his/her targets. Determine the desired investment style.

Thereafter, being guided by expert opinion of our analytics and percentage combining, we develop for you variants of portfolios allowing the achievement of clients personal risk-return ratio.

Asset management is continuous and long-term process. Our clients receive information about their assets. The personal communication with investment consultant takes place at special events, inter alia. Thus, you will always be informed about all aspects of the investment process.

We understand client's demands and wishes

We elaborate efficient goal achievement strategies

We keep you informed

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How we work with clients

Minimisation of investment risks for our clients is a key thing in our company's operation. That is why in our financial Sub-Funds we try to use corporations which are industry leaders, have good track record and reputation. Such an approach is time-proved, and our investors are sure of the reliability of their investments.

Reliability and confidence

Our investment strategies are always based on well-balanced and comprehensive analysis of market situation. We focus on just those markets, assets and tactics where, in our opinion, there are opportunities for growth and, consequently, for stable growth of our clients' income.

Conservatism and stability

For guaranteed achievement of our clients' goals we employ real professionals. They are impressive and motivated specialists focused on diligent and efficient operation who enhance their skills on a permanent basis. Also we improve our Sub-Funds, applying a diversified approach to build-up of portfolio, taking into consideration interests of our investors.

Professionalism and improvement

Working principles