Renaissance Russia Debt C

The Fund aims to preserve investor capital through delivering fixed income returns. The Fund seeks to implement this objective through investments into municipal, sovereign and corporate fixed-income instruments denominated both in local and hard currency*. The Fund will mainly invest in fixed income securities of issuers listed in, domiciled in, or exercising the predominant part of their economic activity in Russia. The rest of the Fund’s portfolio can be invested in CIS and Eastern European fixed income markets. Assets of the Fund may be hedged against different currencies at the discretion of the Investment Manager.
*Hard Currency is a currecy of a politically and economically stable country that is widely accepted aronud the world as a form of payment for goods and servicse, e.g. EUR,USD, GBP and JPY.

Key stats

Management firm  Renaissance Asset Managers (Lux) S.A.
Domicile  Luxembourg
Fund Administrator  J.P. Morgan Bank Luxembourg S.A.
Global Branding Name  Renaissance
Fund Status  OBSOLETE
Fund currency  USD
Launch Date  2010-11-02
Obsolete Date  2013-12-02
ISIN  LU0545677824
SEDOL  B73SZK4
Manager 1 Name  Elena Kolchina
Fund Strategy  Emerging Europe Bond
Benchmark  RUBI
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2012-10-31
Return - 1 Month  0.82%
Return - 2 Months  4.78 %
Return - 3 Months  5.55%
Return - 6 Months  3.31 %
Return - 9 months  8.40 %
Return - 12 Months  10.92%
Annualized return since Inception  8.24%
Return YTD  14.54%

Charges

Initial  3.00 %
Minimum Investment  $5,000,000
Maximum Managment Charge  1.25 %
Exit charge  1.00 %

Contact

Contact Address  Renaissance Asset Managers Guernsey Limited
Contact Address 2  Paragon House
Contact Address 3  St Anne's Place
Contact country  Luxembourg
Fund Admin Group  Renaissance Asset Managers (Lux) S.A.
Web Address  www.renasset.com
Email contact  funds@renasset.com
Custodian  J.P. Morgan Bank Luxembourg S.A.
Phone  0044 (0) 1481 727278

Price

Last Price Date  2013-12-02
Pre-tax nav  11.83
Price change  $-0.01
Price change (percentage)  -0.11 %

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Ratings Disclaimer

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