Northern Star Russia I

This Sub-Fund invests in listed equities of Russian companies that meet Sub-Fund's long-term capital growth objectives. The Sub-Fund aims to construct an actively managed concentrated high-conviction portfolio, which complies with international norms on Environmental, Social and Governance (ESG) issues where applicable and in accordance with the UN Principles for Responsible Investments (PRI).
To achieve the investment objective, the Sub-Fund will invest mainly in a Russian portfolio of direct investments in securities issued by such companies and make use of financial derivative instruments for hedging purpose.

Key stats

Management firm  Northern Star Partners Ltd.
Domicile  Luxembourg
Fund Administrator  Kredietrust Luxembourg S.A.
Global Branding Name  Northern Star
Fund Status  OBSOLETE
Fund currency  EUR
Net Assets Date  2013-11-30
Net Assets  €11,394,604
Launch Date  2011-04-28
Obsolete Date  2013-12-27
ISIN  LU0587760413
Manager 1 Name  Timo Rossi
Fund Strategy  Russia Equity
Benchmark  RTS RTSI PR USD
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2013-12-31
Return - 1 Month  3.26%
Return - 2 Months  -0.10 %
Return - 3 Months  0.98%
Return - 6 Months  8.55 %
Return - 9 months  -5.04 %
Return - 12 Months  -9.93%
Annualized return 24 months  -3.38 %
Annualized return since Inception  -19.30%
Return YTD  -9.93%

Charges

Initial  1.00 %
Minimum Investment  €2,000,000
Maximum Managment Charge  1.50 %
Exit charge  1.00 %
Performance Fee  20.00 %

Contact

Contact Address  Eteläranta 8
Contact city  Helsinki
Contact country  Finland
Fund Admin Group  Northern Star Partners Ltd.
Web Address  www.northern.fi
Custodian  KBL European Private Bankers S.A.

Price

Last Price Date  2013-12-27
Pre-tax nav  57.66
Price change  €-0.15
Price change (percentage)  -0.26 %

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