A mutual fund is a fairly popular investment tool today, which is actively offered by banks at any opportunity, and RaiffeisenBank is no exception.

For those who do not know what kind of "beast" it is, we have prepared a small educational program.

Unit investment fund - a mutual investment fund - a kind of "financial structure" that has nothing to do with "pyramids" and other inventions of the era of "dashing 90s". In fact, it is a service company, which, like a bank, is a professional investor. Anyone can deposit their money in a mutual fund with minimal effort. In return, he receives a “security” or share confirming the amount of the deposit. The fund, in turn, depending on the specialization, invests the funds received in the real sector of the economy, precious metals, other securities, etc. The specialization of a fund is usually directly indicated in its name.

A mutual fund is “in charge” of a management company (“general director”), the purpose of which is to increase the assets of the fund and, consequently, to enrich its depositors. Depending on the efficiency of the “general director”, the investor can receive both income and loss.

Of course, no one distributes any dividends for the year. The shareholder receives actual income in the event of selling his share at a price higher than the purchase price of this share, as well as commissions of the management company (if any). We strongly recommend that you find out about the size of such commissions in advance.

If we compare it with a bank deposit, then, of course, a mutual fund is a more risky investment instrument. However, as in any financial business, “risk costs money,” therefore, as a rule, the profitability of a mutual fund can be significantly higher than the contribution in a successful combination of circumstances.

At the same time, a mutual fund is much more flexible: a shareholder can at any time increase or decrease his share by buying / selling at the current market value of the share.

However, remember that when communicating with a mutual fund consultant, it is very important to understand all the details of the fund's activities (specifics, strategy, portfolio, terms of an agreement with a management company, etc.). Remember, there are no stupid questions! But stupid mistakes out of ignorance and a real loss of your own money - the threat in this case is quite specific.

"What, where, when" - overview and dynamics

Let's see how things were with the mutual funds managed by Raiffeisen Capital in 2015, which was so difficult and eventful. We will compile the rating of the success of mutual funds in terms of the level of profitability growth in comparison with 2014. This is how the places were distributed:

1. Raiffeisen - Promotions . The fund specializes in shares of leading Russian companies that shape the long-term development of the national economy (these are not only companies in the extractive sector, but also in the financial and consumer sectors). A fairly diversified option in terms of risks. Despite the difficult political and economic relations in the world, mutual funds in this area showed the highest growth - 36.8%.
2. Raiffeisen - Raw materials sector. This package consists of leading companies producing and processing oil, gas, as well as metallurgy and mineral fertilizers. Perhaps that is why the increase in profitability is slightly lower - 36.3% (the portfolio is more highly specialized).
3. Raiffeisen - Information Technology. In the era of cyberspace and communications development, this investment option can be considered a win-win, since it assumes the most beneficial risk / return ratio even in an ambiguous economic situation. This turned out to be true in 2015 - 33.48% growth.
4. Raiffeisen - Bonds. It is considered the most conservative mutual fund, since it is based on debt securities of companies with a high share of government participation. Most likely, thanks to the strategy "you drive quieter, you will continue", according to the level of profitability such a mutual fund is always among the leaders - 29.04% growth.
5. Raiffeisen - Foundation for Active Management. The portfolio includes shares of the largest Russian and foreign companies, as well as assets of promising second-tier foreign companies. Also a win-win option with a competent diversification of investments - 27.35%.
6. Raiffeisen - USA. The fund for investors who have no doubts about the success and steadiness of the world's largest economy has shown a fairly good result. The case when the “student's record book works for the student” - 27.34% increase.
7. Raiffeisen - Industrial. The portfolio is based on companies in the metallurgical sector, as well as companies in related industries: construction, mechanical engineering and the chemical industry. An unexpectedly good result in a “crisis” - 24.41%.
8. Raiffeisen - Consumer sector. Even despite the crisis, which primarily affects companies in the consumer sector due to a decrease in the purchasing power of the population, unit investment funds showed an increase of 23.08%.
9. Raiffeisen - Blue-chip MICEX Index. The fund is in the category of "passive management", as it follows the dynamics of the MICEX index. The increase is 23.07%.
10. Raiffeisen - Debt markets of developed countries. The portfolio consists of corporate debt assets of the largest American and European companies with high credit quality - 19.99%.
11. Raiffeisen - Europe. The mutual fund also belongs to the category of "passive", as it follows the dynamics of the development of the MSCI EMU index (formed from the shares of the largest companies in Europe, which are part of the Economic and Monetary Union) - 18.35%.
12. Raiffeisen - Balanced. As the name suggests, the strategy of the mutual fund is a combination of debt and property securities of the largest international companies - 14.17%.
13. Raiffeisen - Gold. Historically, it is considered the most stable investment, especially during the period of the depreciation of the ruble - 12.86%.
14. Raiffeisen - Treasury. The lion's share is made up of government securities of the Russian Federation. Like gold, this is also an investment with the lowest degree of risk, and therefore a high level of return should not be expected - 11.42%.
15. Raiffeisen - Electricity. The bet on companies in the power sector in 2015 can be considered not very successful - only 10.28% growth.
    Raiffeisen - Emerging Markets. Investments in emerging economies have fallen short of expectations this year, with only 7.23% annual growth.
16. Raiffeisen - Precious Metals. An obvious outsider, as the only one “came to the finish line” with a negative result: - 6.04%.

In general, 2015 can be called quite successful: more than half of Raiffeisen Capital's mutual funds showed an annual growth of more than 20%, that is, inflationary risks were leveled. Nevertheless, as in the case of forecasting the weather, any forecast of the financial success of a particular mutual fund for 2016 is doomed to failure in advance. Optimists, as always, will believe in a bright future, while pessimists will try to get rid of mutual funds as soon as possible in order to fix the existing profitability. To whom to attribute yourself, decide for yourself.

Sofia joined Raiffeisen Capital Management Company in 2012 as a specialist in the Unit Investment Funds Division of the Sales and Marketing Department. From 2014 she worked as an analyst, and from January 2019 - as a senior analyst and covered all the main sectors of the Russian stock market: oil and gas, metallurgy, retail, telecoms, finance, and the power industry. Previously, she worked at AO Raiffeisenbank. Sofia graduated from the Far Eastern Federal University with a degree in Finance in 2008.

Participates in the CFA program (3rd level candidate), has qualification certificates 1.0 and 5.0.

Has 12 years of experience in asset management. He joined the team of Raiffeisen Capital Management Company in April 2008 and manages sectoral investment funds. Prior to joining Raiffeisen Capital, he worked at MDM Management Company, where he was responsible for the formation of share portfolios. According to the results of 2010 and 2011, he entered the top ten portfolio managers according to RBC.Rating. He received a bachelor's degree in finance from the Alaska State University and a master's degree in economics from the Finance Academy under the Government of the Russian Federation.

Has the qualification certificates of the Federal Financial Markets Service of the 1.0 and 5.0 series.

He joined the team of Raiffeisen Capital Management Company in 2011 as an analyst for the power sector, since 2013 held the position of portfolio manager, in January 2019 was appointed Head of Investment Department. Graduated from the Moscow Institute of Physics and Technology in 2008, graduated from the Russian School of Economics in 2010. Participates in the CFA program (candidate of the 3rd level), has a certificate of the Federal Financial Markets Service of the series 1.

Stanislav joined Raiffeisen Capital Management Company in December 2018 as a risk manager, in July 2019 he was appointed manager of the company's bond portfolios. Previously, he worked as a specialist in the credit and analytical department of Raiffeisenbank, and from 2013 to 2018. - Risk Manager at NPF Transneft. Graduated from the Russian State University of Oil and Gas in 2008, and in 2011 - from the Financial University under the Government of the Russian Federation with a degree in Financial Markets.

Raiffeisen Bank began its existence a long time ago. A large number of branches of this group are currently open in Russia. However, the company continues to develop and now there is a subsidiary, which is called the Management Company. Raiffeisen Capital.
The Raiffeisen Group itself has a fairly strong leadership position in the investment market. Since the company is Australian, it can be confidently asserted internationality about it. But the subsidiary was opened at the beginning of the twenty-first century on the territory of Russia. However, the bank itself is among the founders of this company.

So, Raiffeisen Capital is ready to offer its clients services for the management of mutual assets. It also offers individual money management. Also, the management of the reserves of the NPF and the means of accumulation of the NPF. The assets of the insurance company are immediately managed.
The organization has the best management team at its disposal. There is also an opportunity to use the experience exchange system. This allows specialists from Russia to use new investment management techniques in their work.

According to experts Raiffeisen Capital has high reliability. That is, the first level. Thus, stability is indicated. According to another rating company, the organization has the highest level of reliability. The quality of services is very high. The organization develops thanks to the extensive experience of the Raiffeisen Group. Thus, it is the largest in the investment market. In addition, the company offers its clients a large number of services that are necessary for asset management. They also expertly manage possible risks. All investment decisions are made in accordance with a control system, which has many stages in its structure.

Raiffeisen Group has a federal network that exceeds two thousand offices. A huge number of employees work in these positions. If you measure the celebrity of a company by its status in Austria, then this confirms its magnitude. It is known that this group accounts for a quarter of the country's total banking share. The company does not stop there, and continues to confidently move forward, developing and increasing more and more. In addition to banking services, the company offers assistance in the implementation of mergers and acquisitions. They are also involved in financing construction projects, leasing and mortgage lending.

Most Popular Hotline Phones!

Since October 1, 2007, Raiffeisen Capital Management Company has been offering new investment products to clients of Raiffeisenbank and Impexbank and is starting the formation of six funds: Raiffeisen-Consumer Sector; Raiffeisen Raw Materials Sector; Raiffeisen-Electric Power Engineering; Raiffeisen Telecommunications; Raiffeisen-Index MICEX; Raiffeisen - Corporate Investments. The first five funds are designed for private investors, and Raiffeisen - Corporate Investments - for corporate clients. The funds are based on either the industry affiliation of the companies, or their index indicators on the Moscow Interbank Currency Exchange.

According to the rules of funds at the stage of formation, the initial contribution must be at least 300,000 rubles for retail funds and 1 million rubles for a corporate fund. All funds are deemed to have been formed when the net asset value of 10 million rubles is reached by December 28, 2007 inclusive.

Roman Vorobyov, Head of the Directorate for Private Persons at ZAO Raiffeisenbank Austria, emphasized: “The Raiffeisen Capital Management Company is actively developing the direction of investment products for both corporate and private investors. We are confident that the new open-ended mutual funds are an excellent instrument for investing money and will help customers of Raiffeisenbank and Impexbank to find the most optimal and profitable option for their investments. "

Pavel Gurin, Deputy Chairman of the Management Board of ZAO Raiffeisenbank Austria, Head of the Directorate for Servicing and Financing Corporate Clients, noted: “In the context of the general development of the Russian economy, there is a tendency of increasing interest in investment products from both private clients and companies on the market. Responding to the needs of our clients, we are pleased to offer our partners a new product in the range of services for corporate clients, which will allow them to use their own funds in the most profitable way ”.

Open-end fund Raiffeisen - Consumer Sector will help clients receive income from investing in shares of companies focused on the rapidly growing domestic demand of the Russian economy. This Fund includes shares of retail trade networks, companies engaged in the production of consumer goods, as well as organizations that provide transport, financial and insurance services.

OPIF Raiffeisen - Electric Power Industry is focused on obtaining long-term income by using the development potential of one of the basic and most underestimated sectors of the economy today - the energy sector. The fund provides shareholders with an opportunity to receive income from investing in shares of companies in the energy sector that generate, transmit and sell electricity.

OPIF Raiffeisen Telecommunications is designed for those clients who intend to invest in high technologies in order to generate income from investments in the most dynamically developing industry - telecommunications and communications. This industry includes both cellular operators providing mobile communication services and fixed-line operators providing local, long distance and international communication services via cable systems.

OPIF Raiffeisen - Raw Materials Sector provides clients with the opportunity to receive income from investing in shares of raw materials companies, mainly in the oil and gas sector, engaged in the extraction, processing, transportation and export of oil and gas, as well as the metallurgical sector. These industries have traditionally been one of the foundations of the Russian economy and are currently experiencing a period of active development.

The basis for the formation of the assets of the open-end fund Raiffeisen - MICEX Index is the MICEX Index, the main calculated indicator of the state of the stock market on the largest Russian stock exchange - the Moscow Interbank Currency Exchange (MICEX). The main advantage of such a Fund for investors is its simplicity. The share price changes along with the Index, by almost the same amount. The Index calculation structure includes the most liquid shares traded on the Russian stock market.

OPIF Raiffeisen - Corporate Investments was created specifically for large corporate and institutional investors. The fund's assets are invested in government bonds and corporate bonds of high credit quality. This investment strategy allows you to diversify your credit risk with comparable returns.

The purchase of shares of new open-ended mutual investment funds can be carried out in all branches and regional branches of Raiffeisenbank, as well as in all branches of Moscow and the central offices of regional branches of Impexbank. Full information about the mutual funds of the Raiffeisen Capital Management Company, as well as the addresses of all points of sale, are available at the link: http://www.raiffeisen-capital.ru/rus/fonds/unit-investment-trust/index.wbp.

LLC Management Company Raiffeisen Capital is a subsidiary of CJSC Raiffeisenbank Austria. As of June 1, 2007, the total amount of funds under the management of the company is more than 5.5 billion rubles, the number of clients is more than 9 thousand. LLC "Management Company" Raiffeisen Capital "offers services of mutual funds and asset management of private and corporate clients. The company has an AA- rating assigned by the NAUFOR agency and an A rating assigned by the Expert rating agency.

ZAO Raiffeisenbank Austria and OAO IMPEXBANK are subsidiaries of Raiffeisen International Bank-Holding AG (Raiffeisen International). In 2006, Raiffeisen International acquired 100% of the shares of OJSC IMPEXBANK. Together, Raiffeisenbank and Impexbank form the largest banking group with foreign capital in Russia, which ranks 7th in terms of assets in the first half of 2007 (Interfax-CEA). In terms of the size of the corporate loan portfolio, the Raiffeisen Group ranks 6th in the first half of 2007 (Interfax-CEA). According to Interfax-CEA, together banks are in 4th place in Russia in terms of private deposits and 5th in terms of loans to individuals based on the results of the 1st half of 2007.

Raiffeisen International Bank-Holding AG (Raiffeisen International) is a holding company that manages subsidiary banks, leasing companies and two representative offices in 18 markets in Central and Eastern Europe. About 12.7 million customers are served in more than 2,950 branches. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Österreich AG (RZB), which owns 70% of the common shares of the holding, the remaining 30% are in free float and traded on the Vienna Stock Exchange. RZB, the parent bank of the Raiffeisen Group, the largest banking group in Austria, is a leading corporate and investment bank and a leading bank in Austria.

Raiffeisen Capital Asset Management LLC and Raiffeisenbank Austria CJSC have developed a new investment product for non-state pension funds and insurance companies. The product is a fiduciary asset management in which the return of the principal amount of investment is secured by a bank guarantee from ZAO Raiffeisenbank Austria.

Michel Periren, Chairman of the Management Board of ZAO Raiffeisenbank Austria, commenting on the event on the part of Raiffeisenbank and the Raiffeisen Capital Management Company, noted: “We are really glad and proud that we have the opportunity to present on the Russian market a unique investment product that meets the needs of non-state pension funds and insurance companies. The product combines the ability to receive and capitalize investment income from the Russian stock market with a guarantee of the safety of invested funds from a bank with the highest credit rating (Aaa (rus) according to the national scale of Moody’s Interfax RA) and is the first such experience on the Russian market. We expect that the yield on this instrument will be 200-300 basis points higher than the yield on the first tier ruble bonds. "

In developing the product, the extensive experience of managing the assets of Austrian non-state pension funds, accumulated by the management company Raiffeisen Capital Management (RCM) and Raiffeisen Zentralbank (RZB), Vienna, was used. The applied portfolio management technologies and daily control over the composition and structure of assets by ZAO Raiffeisenbank Austria make it possible to issue a bank guarantee from ZAO Raiffeisenbank Austria, which secures the management company's obligations to return the principal amount of investments.

JSC Raiffeisen Capital Management Company was established in 2004 by Raiffeisenbank Austria. The authorized capital of the company is 90 million rubles. LLC Raiffeisen Capital Management Company operates under the license of the Federal Commission for the Securities Market of Russia No. 21-000-1-00160 dated April 20, 2004 for the management of investment funds, mutual funds and non-state pension funds and license of the Federal Financial Markets Service of Russia No. 077-07744 -001000 dated June 08, 2004 for the implementation of securities trust management activities.

ZAO Raiffeisenbank Austria is a universal bank with an equal focus on commercial, retail and investment banking. Raiffeisenbank has been operating in Russia since 1996, offering a wide range of services to both corporate and private clients. According to the results of the 1st quarter of 2005, the Bank ranks 9th in terms of assets among the largest Russian banks (CEA Interfax).

ZAO Raiffeisenbank Austria is a subsidiary of Raiffeisen International Bank-Holding AG (Raiffeisen International), a holding company that manages 15 subsidiary banks and 14 leasing companies with more than 900 branches in Central and Eastern Europe. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Austria AG (RZB-Austria), which owns 70 percent of the holding's common shares, the remaining 30 percent are in free float, including the shares of the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) holding in aggregate 6 percent of the shares. Raiffeisen International shares are listed on the Vienna Stock Exchange. RZB-Austria, the parent bank of the Raiffeisen Group, is one of the leading banks in Austria as well as in Central and Eastern Europe.