Kaltchuga Fund – Russian Equities (UCITS)
Fund's Objective :
To outperform the MSCI Russia index by investing in publicly listed stocks and equity linked securities. Kaltchuga Russia Equities is a long only equity investment vehicle with daily liquidity. Its geographical focus is FSU countries, mainly Russia, Ukraine and Kazakhstan. It is benchmarked against the MSCI Russia Index and plays the leverage of Russian stocks, in priority blue chips but also second-tier stocks to the long term growth of the Russian economy and to the underlying secular shift in global economic activity towards emerging markets.
The secular shift in power towards the economies of emerging countries in general, and of Russia and other CIS countries in particular, allows for a superior growth of corporate earnings and stock valuations in the region.
|Share class||Class A||Class B||Class C||Class D|
|Min. invest. amount||N/A||N/A||10 000 USD||10 000 EUR|
|Bloomberg ticker||KALRUSA LX||KALRUSB LX||KALRUSC LX||KALRUSD LX|
|Fixed management fees||2%||2%||1.70%||1.70%|
|Performances fees||20% above a hurdle rate of 5%||15% above a hurdle rate of 5%|
|Subscriptions||N/A||N/A||Daily with 1 business day notice for the subscription document|
|Redemption||Daily with 2 business days' notice (before 12.00 pm Luxembourg Time)|
|Custodian||KBL European Private Bankers S.A|
|Fund Administration||Kredietrust Luxembourg S.A|
|Pdf Documents||KIID A-USD
|KIID B-EUR||KIID C-USD||KIID D-EUR|