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.

Rationale :

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 classClass AClass BClass CClass D
Statut Closed Closed Open Open
Currency USD EUR USD EUR
Min. invest. amount N/A N/A 10 000 USD 10 000 EUR
Bloomberg ticker KALRUSA LX KALRUSB LX KALRUSC LX KALRUSD LX
ISIN code LU0290813871 LU0290814093 LU0462676486 LU0462681726
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%
Valuation Daily
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
Last reporting
KIID B-EUR KIID C-USD KIID D-EUR